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Sugar News - Sugar exports are expected to reduce in the 2022 23 season
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Sugar exports are expected to reduce in the 2022-23 season

Stakeholders expect sugar exports to reach 7-8 million tonnes in the 2022-23 season till 30th April 2022. According to the market sources, sugar production for the 2022-23 season is expected to be 36 million tonnes which would be higher than the domestic consumption of 27 million tonnes. As per the sources, there will be a mandatory review of the demand-supply situation (in February) for the coming 2022-23 season. Around 7 million tonnes of sugar exports are expected in the first tranche of 2022-23 season. During the previous 2021-22 season sugar exports has reached 112 lakh tonnes.