EU sugar production and prices to slowly increase in the medium term

European Commission
Thursday, December 8, 2022
The EU sugar area is due to stabilise in the medium term and EU sugar production to slowly increase to 16.3 million t by 2031, the European Commission said today in its Medium Term Agricultural Outlook report, a model-based outlook based on certain macro-economic and policy assumptions, published today. A decline in human consumption of sugar is expected, reflecting a shift to diets with less sugar. The increase in sugar exports for processed products should compensate the decline in consumption. Competitive prices should allow the EU to reach parity in the sugar trade.
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