Category : Sugar Exporters

Sugar Exporters

Government Will Very Soon Announce Sugar Export Quota For 2022-23 Market Year

Government Will Very Soon Announce Sugar Export Quota For 2022-23 Market Year

Food Secretary, Sudhanshu Pandey said on 21st September’22 that,” the government will very soon announce the export quota of sugar for the next marketing year starting October.” Although he did not disclose the quantity of sugar exports that will be allowed for the 2022-23 marketing year, this was mentioned at a Sugar and Ethanol conference organised by Indian Sugar Mills Association (ISMA) and datagro. India’s Sugar Exports stood at 3.8 million tonnes(MT) in 2018-19, 5.9MT in 2019-20 and 7MT in 2020-21. 

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Sugar Exporters

Philippines to Import Up To 150,000 Metric Tonnes Of Sugar

Philippines to Import Up To 150,000 Metric Tonnes Of Sugar

Philippines President Ferdinand Marcos Jr. has approved the import of 150,000 Metric Tonnes of sugar to address the shortage of supply and curb rising prices in the country. According to Sugar Order No. 2, posted on the Philippines’ Sugar Regulatory Administration (SRA) website, half of the total import volume, or 75,000 MT, would be allocated to industrial users or companies using sugar in their manufacturing process, while the other half would be given to consumers or the market. 

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Sugar Exporters

India Set to Allow 5 Million Tonnes of Sugar Exports in First Tranche

India Set to Allow 5 Million Tonnes of Sugar Exports in First Tranche

In an effort to keep prices under control, the Indian government, last June, had put restrictions on the export of sugar. The decision was taken in view of the sugar prices back then in the country and was aimed at maintaining domestic availability amid rising food and fuel prices. However, the ‘sugar situation’ seems to be improving and with the beginning of the new marketing year this October, India is set to allow 5 million tonnes of Sugar Exports in India

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Sugar Exporters

5 Things To Consider Before Buying Bulk Sugar

5 Things To Consider Before Buying Bulk Sugar

Sugar (Sucrose) is known to provide sweetness to food and is one of the most commonly traded agro-commodity worldwide. When it comes to trading sugar, the quality of sugar can be classified in 2 varieties, raw, and refined sugar. 

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Sugar Exporters

Maharashtra Sugar Mills Seek Export Policy for Next Season

Maharashtra Sugar Mills Seek Export Policy for Next Season

India, the second largest exporter, and the largest consumer of sugar in the world, in May, decided to cap sugar exports at 10 million tonnes to stabilise market availability and prices. This decision was taken as record exports of sugar triggered fears of price hikes of the commodity in the domestic market. However, there has not been a shortage in sugar reserves. This is evident from the fact that in the last crushing season, India’s 525 sugar mills produced around 40 million tonnes of sugar. 

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Agri Commodities Sugar Exporters

Top 10 Sugar Producing Countries 2022: Overview

sugar exporter

Sugar production globally has grown exponentially in the last decade and it continues to do so until now. In 2019, the world produced 1,317 million metric tons of sugar, which was 2 percent higher than in 2018 and 8 percent higher than in 2000. The total global production of sugar from cane and beet had increased to 1,382 million metric tons in 2020, as per data by the Food and Agriculture Organization (FAO). More than half of that sugar production came from Brazil, India, China, and Mexico. The top 10 sugar-producing countries were responsible for 54 percent of the total global output in 2021-2022.

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Sugar Exporters

India Puts Ban On Sugar Exports: What The Future Holds?

sugar imports and exports

India’s Ministry of Commerce has just announced that the country will be placing an export ban on all domestically produced sugar beginning April 1, 2016. This is no small decision as India’s sugar industry stands to lose nearly $1 billion as a result of this policy change, but what will be the implications for the rest of the world’s sugar market? In this article, we’ll explain why India has decided to place an export ban on sugar and what other countries may do as a result of this action.

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Sugar Exporters

Top 10 Sugar Importing Countries

sugar imports and exports

The international trade of sugar, including imports and exports, contributes to the economic development of many countries. The ten major sugar importing countries and their percentage of the world sugar trade in 2009 were as follows: United States (16 percent), Germany (9 percent), France (8 percent), Canada (6 percent), Japan (5 percent), Belgium-Luxembourg (5 percent), China (4 percent), South Korea (3 percent), Switzerland (3 percent) and Italy (2 percent). India and Netherlands tied with 1% each. Indonesia accounted for less than 1% of world trade.

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Sugar Exporters

India’s Sugar Import/Export Market in 2022: An Overview

Sugar import in India

Sugar Import in India has been growing at a fast pace during the past years, and this trend is expected to continue over the next eight years. Sugar import in India has been growing at a fast pace during the past years, and this trend is expected to continue over the next eight years. Sugar import in India accounts for around 10% of total sugar imports in Asia-Pacific region, which in 2015 was pegged at US$9 billion. This will further increase due to a growing demand in the Indian market due to changing lifestyle and increasing population of India which will drive growth of the sugar import market over the forecast period from 2016 to 2022.

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Agri Commodities Sugar Exporters

Indian Sugar sees Overwhelming Demand In Global Markets

Sugar prices have been on a steady rise over the past few months, lack of supply is the reason. But the demand for Indian sugars has seen an overwhelming increase from global markets. This is due to the shortfall in production in Brazil, which has led to exports at lesser margins. The fall in the value of the Rupee has also been beneficial to Indian exporters.

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