Guatemala: 12.5% Decrease in Sugar Production

Projections estimate 6 million fewer bushels from the current crop in relation to 2009/2010.

Monday, March 7, 2011

Armando Boesche, manager of the Sugar Association of Guatemala (ASAZGUA), stated that because of excessive rainfall over the winter, which affected about 12 thousand hectares of sugar cane, production will drop to 12.5 %.

"Exports will also drop. The executive estimates exports of 32 million quintals, representing lower foreign exchange revenues,” reported the article in Prensalibre.com.



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12,000 Hectares of Sugar Cane Damaged in Guatemala

September 2010

The impact of the rain on 12k hectares is expected to cause a 2.5 million hundredweight drop in sugar production.

Armando Boesche, general manager of the Association of Guatemalan Sugar Producers (Asazgua), indicated that the 2010-11 sugar harvest is forecast to be 48.4 million hundredweight, 5% less than in 2009-10.

Guatemala: 14% Increase in Sugar Cane Production

November 2011

Producers anticipate a production of 50.8 million bushels for the harvest beginning in November.

According to information from the Guatemalan Sugar Association (ASAZGUA in Spanish) production for the harvest beginning in November will exceed the production of the 2010-2011 harvest by 6.3 million bushels.

Guatemala: Sustained Growth in Sugar

September 2012

In the last twenty years the sugar industry has been growing at an annual rate of 11%, contributing to 3% of gross domestic product.

According to statistics from the Bank of Guatemala, in 2011 sugar exports accounted for 6.2% of total exports from the country.

The 2011-2012 harvest was very favorable achieving record production of 54.3 million quintals and estimates for 2012-2013 are for 55 million quintals, said Armando Boesche, manager of the Sugar Association of Guatemala (Asazgua).

Guatemala Sugar Exports Increase 19%

January 2012

Sector producers attribute the growth to increased global demand. The goal is to produce 2.3 million tons by May.

The Guatemalan Sugar Association (Azasgua) stated that sugar exports increased by 19.25% in the last harvest. The estimate was made from November 1st, 2011 (start date of the harvest) to January 8th, 2012.

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