World sugar production will increase by 14% by 2033

According to the joint July OECD-FAO forecast for 2024-2033, global sugar production will increase by 14% in the next decade and reach 202.1 million tons by 2033. At the same time, the expected volume of sugar consumption in 2033 will reach 198.3 million tons, compared to 177.9 million tons forecasted for 2024.

According to international analysts, by 2033, sugar cane will account for more than 85% of the world’s total sugar production, and Brazil will strengthen its position as the world’s largest producer by increasing investment in the industry, as well as increasing cane area and yield.

Increased productivity, including through improved varietal composition and higher recovery rates, will help increase sugar production in India and Thailand, with relatively unchanged planted areas.

In Africa, sugar cane production in the main producing country, South Africa, is expected to expand due to government support measures, including financial assistance to farmers, as well as additional support to the South African Sugar Association (SASA).

Europe will remain the main sugar beet producing region, with only Russia expected to increase production. In the EU, lower availability of plant protection products and competition from more profitable crops will limit production.

The expansion of sugar beet plantings in Egypt and the introduction of higher-yielding seed varieties are expected to boost sugar production in the coming years, strengthening the country’s position as the largest sugar beet producer in Africa by 2033.

Tags: sugar