COMMODITY UPDATES - GLOBAL SUGAR PRODUCTION WILL RISE.
Byline: S. KAMAL HAYDER KAZMI
World sugar production is projected to grow by 2.1 percent per annum to reach 210 metric tons (Mt) by 2025, up nearly 39 Mt, 19 per cent above the average for the base period.
Higher increases are expected to occur in developing countries with 79 percent of global sugar production in 2025 compared to 77 percent during the base period. In the developing world, the leading regions are Asia and Pacific and Latin America and the Caribbean, which are expected to account for 40 percent and 33 percent of global sugar production in 2025 respectively, up from 38 percent and 34 percent during the base period.
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|Publication:||Pakistan & Gulf Economist|
|Date:||Jan 22, 2017|
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