Ecuador: Sugar Annual

  |   Attaché Report (GAIN)   |   EC2024-0003
Ecuador's sugar production in marketing year (MY) 2024/25 is forecast to recover to 530,000 metric tons (MT), the same as the MY 2022/23 estimate, due to a rebound in harvested area after a difficult El Nino weather cycle during the second half of 2023. Domestic consumption is forecast to remain stable with gradual increases expected in the coming years. Ethanol production is not expected to increase in the near to mid-term but an official increase in the ethanol blend rate to 10 percent across Ecuador would increase demand for imported ethanol.

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