Colombia: Sugar Annual

  |   Attaché Report (GAIN)   |   CO2022-0003

Link to report:

Colombia: Sugar Annual

In marketing year (MY) 2022/23, Colombia's sugar production is forecast to remain unchanged at 2.3 million metric tons (MT). Although weather conditions are expected to return to normal, crop productivity could be affected by lower fertilizer use due to rising prices. Colombia's economy is projected to continue growing in 2022, after a GDP growth of 10.2 percent in 2021, but uncertainty and high food inflation rates will likely slow consumption and trade which are projected to remain flat in MY 2022/23. In calendar year (CY) 2021, Colombia filled the 56,750 MT sugar export quota under the U.S.-Colombia Trade Promotion Agreement (CTPA) and the 30,995 sugar quota under the World Trade Organization (WTO) agreement. Colombia is expected to fulfill its 2022 and 2023 U.S. sugar quotas and additional volume, if demanded.

Western Hemisphere, Colombia
Sugar

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Vietnam: Grain and Feed Quarterly

Growth in the agricultural sector slowed in the first nine months of 2024 due to extreme weather, particularly Typhoon Yagi, which severely affected crop cultivation and livestock farming.
Attaché Report (GAIN)

Saudi Arabia: Grain and Feed Semi-Annual

Total Saudi wheat imports for 2024/25 are forecast to reach 4.25 MMT, an increase of 2 percent over marketing year (MY) 2023/24.
Attaché Report (GAIN)

Dominican Republic: Proposed Tax Reform Likely to Have a Negative Impact over US Agricultural Exports to the Dominican Republic

On October 7, 2024, the Government of the Dominican Republic announced a proposed a tax reform bill that could have significant implications for U.S. agricultural exports, particularly in the pork, beef, and beverage sectors.