Sugar Annual Report, Nigeria – 10th May 2019

FAS Lagos (Post) forecasts Nigeria’s domestic cane sugar production in marketing year (MY) 2019/20 (May-April) to reach 75,000 metric tons (MT) (raw value), down about six percent compared the MY 2018/19 figure of 80,000 metric tons.  Post forecasts Nigeria’s sugar consumption in MY 2019/20 at 1.62 MMT, up less than one percent from the 1.61 MMT recorded in marketing year 2018/19.  FAS Lagos forecasts Nigeria’s raw sugar imports in MY 2019/20 at 1.76 MMT, up over one percent from the 1.74 MMT vo…