Dominican Republic: Sugar Semi-annual
For Marketing Year October 2018/ September 2019 (MY2018/19), Post forecasts overall production to be lower than MY2017/18, at 560,000 MT, due to unfavorable weather conditions. During MY 2017/18, total sugar production reached 615,974 MT. For MY 2018/19, Post forecasts exports of raw cane sugar at 200,000 MT, slightly higher than MY 2017/18. Since the United States is the only major export market for Dominican Republic (DR) sugar, this volume is similar to the DR’s country allocation for the U.S. tariff-rate quota (TRQ) for Fiscal Year 2019 (FY 2019). However, increased demand is expected from non-traditional markets. During MY 2018/19, Post forecasts imports of 10,000 MT, slightly less than the 16,000 MT imported during MY 2017/18.
