European Union: Sugar Semi-annual
7th October 2024
EU27 beet sugar production for marketing year (MY) 2024/25 is projected to increase slightly by 4 percent to approximately 15.4 million metric tons (MMT), driven by favorable market conditions and expanded planting areas.
However, varying weather conditions and phytosanitary issues have created uncertainties around yields. Consumption remains stable at 16.5 MMT. Imports are forecast up to 2.4 MMT due to rising imports from Ukraine, while exports are expected to drop to 1.1 MMT, down from 1.7 MMT in MY 2023/24. Isoglucose production is forecast to increase, benefiting favorable
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