Panamanian Sugar Exports Up

In the first six months of the year, exports of unrefined sugar registered a 147.2% rise relative to the same period in 2009.

Monday, August 30, 2010

According to the National Comptroller's Office, $8.4 million (free on board) worth of Panamanian sugar were exported, $5 million more than in 2009.

"Panama exports sugar to the USA through a 30,000 ton quota agreement," reports Prensa.com. "According to Guillermo González from the La Victoria sugar mill, this year the country received an additional quota from the US to satisfy a shortage of 11,500 metric tons in the market, thereby helping to make this market even sweeter".



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Nicaragua Increases Sugar Exports

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Sugar sales were $55.6 million in February 2012, $34 million more than in February last year, meanwhile producers claim that there is a large interest in purchases by Russian factories.

Sugar exports increased by 20% at the beginning of the year, said Mario Amador, Executive Director of the National Committee of Sugar Producers, CNPA.

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.

Lack of Sugar in the U.S.

September 2011

Central American producers will benefit from an increase in export quotas to the northern country.

The damage caused by drought to sugar cane in Mexico, a leading provider to the U.S., has meant a reduction in supply by 200 thousand metric tons, therefore, according to an analysis published by The Wall Street Journal- import quotas assigned to Central American countries will be increased in order to meet domestic demand.

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