sugar world

8/9/2019 Sugar World

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United StatesDepartment of

A

g Sugar: World Markets and TradeAgriculturalService

November 20!

Global Sugar Consumption Expands

While Production Decelerates

180

175

170

165

160

Milon 155

etricTons, 150 09/1010/1111/1212/1313/1414/15Raw Production Consumtion

Global sugar production for 2014/15 is estimated down 2.6 millionmetric tons (raw value) at 12.5 million on reductions in !ra"il#

$%ailand# and &%ina. Global imports are e'pected to remain flat w%ileconsumption is proected to reac% a record 11.0 million tons as ending

stocs s%rin slig%tl*.

To receive the circular via email, register at

https://public.govdelivery.com/accounts/USDAFAS/subscriber/new .


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"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""

Approved b# t$e World Agricultural %utlook &oard ' USDA


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+age 2

2014/1 Sugar !"er"ie#

$nited Statesproduction is estimated unc%anged from last *ear at . million tons. ,tocs are

e'pected to fall over 20 percent as consumption %olds stead* and imports decline to -.1 million

tons. n ctober 2# 2014# t%e epartment of &ommerce announced its affirmative

determination in t%e antidumping investigation of sugar imported from e'ico. &ommerce set

dumping margins on sugar from e'ican sugar processors ranging from -.54 percent to 4.26percent. $%ese preliminar* duties come after t%e agenc* imposed preliminar* countervailing

duties in 3ugust ranging from 2. to 1.01 percent on sugar derived from sugarbeets and

sugarcane. 3s a result of t%e determination# .,. &ustoms and !order &ontrol will reuire cas%

deposits on sugar products covered under t%e investigation.

3lso on ctober 2# t%e department announced a draft agreement wit% t%e Government ofe'ico to suspend t%e antidumping and countervailing dut* investigations. $%e terms of t%eagreement include

0 7euired e'port licenses for sugar to enter t%e nited ,tates from e'ico.

0inimum reference prices of 2-.5 cents per pound for refined sugar and 20.5 cents perpound for all ot%er sugar.

0 8'port limits# based on a formula to determine e'pected .,. needs for imported sugar.

$%e estimates provided in specific 93,8 reports would provide t%e data to calculate t%e

uantities to determine e'ican maret access.

0 :imits on t%e amount of refined sugar t%at can enter t%e nited ,tates under t%e

suspension agreement.

0 :imits on t%e timing of s%ipments;specificall*# t%e amount of sugar t%at could be

s%ipped prior to ecember -1 and arc% -1 of t%e mareting *ear.

#2014. $%e investigations would be suspended upon a final agreement. million as droug%t conditionslower *ield and a lower percentage of t%e sugarcane (estimated 45 percent) is diverted to sugar#compared to last *ear on better profitabilit* for et%anol production. &onsumption is e'pected toincrease slig%tl* reflecting population growt% and e'pansion in t%e food processing sector.8'ports are proected down 2.2 million tons to 24.0 million on lower e'portable supplies.

(hailand'sproduction is forecast to decline 1.1 million tons to 10.2 million as droug%tconditions lower *ield. 8'ports are forecast to ump to a record >.5 million tons as stocs aredrawn down to meet %ig% 3sian demand# particularl* from


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+age -

) !ndia"s $u%ar !morts

million due to increased *ields. &'ter (ow )*ectations9it% %ig% demand# imports are

e'pected to e'pand asconsumption rises to a record 2

million tons.


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+age 4

Selected 2013/14 Revisions from May Forecast:

0- Global production is down slig%tl* (64#000 tons) to 15.0 million.

o 50#000 tons as imports rose to meet domestic

demand.

o &%ina is revised up 4-0#000 tons to 4.- million on growing demand.

-+S ,eports .rom !"erseas !..ices

$%e Sugar: orld !ar"ets and Trade circular is based on post reports submitted since

,eptember 2014 and on available secondar* information. $%e individual countr* reports can be

obtained on @3, nline at %ttp//gain.fas.usda.gov/+ages/efault.asp'.

PSD !nline

$%e entire ,3 +, database is available online at %ttp//www.fas.usda.gov/psdonline.

+dditional ,esources

+lease refer to t%e ,3@3, sugar website at %ttp//www.fas.usda.gov/commodities/sugarfor

additional data and anal*sis.

,ituation and outloo information on .,. sugar and sweeteners can be obtained from t%e

,38conomic 7esearc% ,ervice at %ttp//www.ers.usda.gov/topics/crops/sugar

sweeteners.asp'.

-uture ,eleases and Contact )n.ormation

+lease visit %ttp//www.fas.usda.gov/data/sugarworldmaretsandtradeto view arc%ived and

future releases. $%e ne't release of t%is circular will be in a* 2015.

$o receive t%e circular via email# go to

%ttps//public.govdeliver*.com/accounts/,3@3,/subscriber/new.

@or furt%er information# please contact 7eed !lauer at (202) 200>> or #eed.$lauer%&as.usda.gov


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World Centrifugal Sugar

1,000 Metric Tons, Raw Value

May Nov

2010/112011/12 2012/1201/1!

"roduction none

Brazil 38,350 36,150 38


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36,800 35,800

India 26,574 28,620 2

European Union 15,939 18,320 1

China 11,199 12,341 14


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13,700 13,300

Thailand 9,663 10,235 1

United tate! 7,104 7,700 8

"e#i$o 5,495 5,351 7,


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6,890 6,508

%a&i!tan 3,920 4,520 5

'u!tralia 3,700 3,683 4,250 4,400 4,600

(u!!ia 2,996 5,545 5,000 4,400 4,200

)uate*ala 2,048 2,499 2,


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2,850

Indone!ia 1,770 1,830 2,300 2,500

%hilippine! 2,520 2,400 2,450 2,500

Tur&e+ 2,274 2,262 2,130 2,300 2,400

Colo*ia 2,280 2,270 1,950 2,300

outh '-ri$a 1,985 1,897 2

'r.entina 2,030 2,150 2,


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2,000 2,050

E.+pt 1,830 1,980 2

Cua 1,150 1,400 1

U&raine 1,540 2,300 2,


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1,600

/ther 17,822 18,844 1

Total 162,189 172,297 1

#u$an %o$& Consu$'tion none

India 23,050 24,180 25


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27,000


China 14,000 14,200 15


14/37

17,400

Brazil 12,000 11,500 1

United tate! 10,171 10,106 1

Indone!ia 5,000 5,050 5,


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5,900

(u!!ia 5,523 5,700 5

%a&i!tan 4,250 4,300 4

"e#i$o 4,187 4,384 4,


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4,564 4,452

Iran 2,454 2,333 2

/ther 57,088 59,255 6


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Total 155,763159,208 164,725167,277 170,528170,996

(nding Stoc)s no

China 1,621 4,140 6,


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8,049 8,487

India 6,299 7,163 9

Thailand 2,983 2,810 3

European Union 1,974 3,303 3,


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3,831 3,196

Indone!ia 602 409 8

United tate! 1,250 1,795 1

"e#i$o 806 1,024 1,


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1,004 979

%hilippine! 934 932 9

%a&i!tan 1,470 1,350 8

Iran 650 640 70


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500 750

/ther 10,692 11,563 1

Total 29,281 35,129 4


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World Centrifugal Sugar* +$'orts and ('orts

1,000 Metric Tons, Raw Value

May Nov

2010/112011/12 2012/1201/1!

('orts none

Brazil 25,800 24,650 27


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25,250 24,000

Thailand 6,642 7,898 6

'u!tralia 2,750 2,800 3

)uate*ala 1,544 1,619 1,911 1,950

"e#i$o 1,558 985 2,


24/37

2,158 1,779


India 3,903 3,764 9

Cua 577 830 794 850

Colo*ia 830 876 5

outh '-ri$a 400 271 35


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1,000 800

/ther 8,740 8,983 9


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Total 53,85755,019 55,29357,437 55,24153,697

+$'orts no

China 2,143 4,430 3,


27/37

3,300 3,800

Indone!ia 3,082 3,027 3


United tate! 3,391 3,294 2,


28/37

2,806 3,149


29/37

United 'ra E*irate!1,969 2,1542,583 2,1432,250 2,3

orea, outh 1,688 1,668


30/37

1,8061,909

1

, "ala+!ia 1,813 1,720


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1,9661,897

Ban.lade!h 1,537 1,700


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1,5472,070

'l.eria 1,193 1,594 2,


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1,850

Iran 1,292 1,079


34/37

1,5531,629

(u!!ia 2,510 735 1,250 1,100 1,500

i.eria 1,495 1,399 1,450 1,470

apan 1,331 1,230 1

audi 'raia 1,173 1,454 1,


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1,250 1,350

Canada 1,135 1,103 1

E.+pt 1,120 1,480 1

India 455 188 8

38

5


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"oro$$o 887 932 9

enezuela 850 800 840 850

e*en 672 754 5

/ther 15,848 14,332 15


37/37

14,966 14,214

Total 49,339 48,400 5

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