European Union: Sugar Semi-annual
5th October 2023
EU27 beet sugar production forecast for market year (MY) 2023/24 is projected at 15.4 million metric tons (MMT), resulting from reduced beet acreage in France and increased plantings in other member states.
This results in a 3 percent sugar beet production increase compared to the drought affected MY 2022/23 but also 7 percent below MY 2021/22. EU27 sugar consumption is forecast stable at 17.0 MMT after a slight recovery from the COVID-19 induced decrease but the influx of several million refugees from Ukraine may lead to an
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