Sugar Annual Report, Egypt- 25th April 2019

The Office of Agriculture Affairs forecasts refined sugar production in MY2019/20 to increase by approximately 14 percent or 335,000 MT to reach 2.74 MMT. Of this total forecast, 1.5 MMT of sugar will be derived from sugar beets, while 1.2 MMT will be sourced from sugarcane. Increase in production is attributed to higher procurement prices especially or sugar beets. Posts forecasts domestic consumption in MY2019/20 to increase by three percent or 100,000 MT to reach 3.2 MMT as a result of popul…