Peru Sugar Cane Production Expected to Rise20 April 2012
PERU - Cane sugar production for CY2012 is estimated at 1.15 MMT, up from 1.076 MMT in CY2011.
This 6 per cent increase is explained by favorable weather conditions, particularly sufficient water supply, and investments in new plantations.
Sugar cane production is forecast at 10.15 MMT in CY 2012. Sugar in Peru is produced in the rich northern valleys along thecoast.
Cane sugar consumption is forecast at 1.23 MMT in CY 2012, around 70 per cent of which is for direct consumption and the remaining for industrial use. Peruvian sugar exports in CY 2012 are forecast at 80,000 MT.
In CY 2011 the United States was the largest market for Peruvian sugar with 56,186 MT.
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