The changing world sugar situation

Two major changes, namely, the growing prominence of southern-hemisphere suppliers and the expansion of the sugar-import market, are identified in an analysis of the the evolution of the world sugar situation by the USDA in February 2003. Amongst southern-hemisphere producers the report highlights the growth of production in Brazil and Australia, but also points to increased production in ACP members, South Africa, Zimbabwe and Swaziland, while noting the decline in production in the Caribbean (mainly Cuba). Since 1984/85 world production has grown 57% while consumption rose by 63%. The report also highlights the expansion in Asian production. As with the EU these countries changed from being net importers to net exporters. A growing feature of world trade which is highlighted is the expanding role of Brazil as both a raw and refined sugar exporter.Two major changes, namely, the growing prominence of southern-hemisphere..