Podcast: World sugar production and consumption
Sugar production is expected to exceed demand this season and next – but will policy initiatives such as taxes on soft drinks have an impact on consumption?
In this podcast, Stefan UhIenbrock of IEG Policy’s sister consultancy FO Licht discusses the latest outlook for the sugar sector in the year ahead, with Thailand and India set to drive up world supplies despite a slowdown in Brazilian output.
Eight of the world’s ten largest producers are producing more sugar this season than in 2016/17 - mainly as a result of larger planting areas in response to the high prices in 2016 and better weather.
The prospects for EU exports following the end of production quotas, the impact of sugar taxes and the expected general election in India before the end of this year are also discussed from a policy perspective.
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