European Union: Sugar Annual
21st April 2022
EU27 sugar production forecast for market year (MY) 2022/23 is projected at 16.3 million metric tons (MMT), as farmers reduce sugar beet plantings in favor of more profitable crops. That is a decrease of 250,000 MT below the MY 2021/22 production, but 340,000 MT above MY 2020/21.
EU27 sugar consumption is forecast stable at 17.0 MMT after a slight recovery from the COVID-19 induced decrease. High EU sugar prices may lead to a substitution for other sweeteners, like isoglucose, of which production is expanding. The EU food industry is reducing sugar contents in food products by 10 percent by 2025. The influx
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