Guatemala: 53 million Bags of Sugar

The results of the 2011-2012 harvest will be 10% higher than the previous one, when the crop was affected by bad weather.

Wednesday, March 28, 2012

The harvest ending in May increased by seven million quintals, amounting to some 53 million bags of sugar, a figure that represents a recovery of 10%, said Marco Augusto Garcia Noriega, president of the Sugar Association of Guatemala (Asazgua).

Noriega said that "the performance is due there being no major disasters such as last winter when storm Agatha hit in 2010 causing a lack of sunlight in some of the plantations." The previous harvest of 2010-2011 produced 46 million quintals, reported Prensalibre.com.

The manager said that for the current harvest they expect record sugar production. 80 percent will be exported and the remainder will cover the domestic market demand.

According to figures from the Bank of Guatemala, in 2011 foreign exchange earnings from the sale of sugar exports amounted to $649.5 million, representing a decrease of 10.6 percent compared with 2010. In that year, exports totaled $726.7 million.



More on this topic

Sugar: Slight Increase Projected at Harvest

April 2019

Guatemalan producers estimate that for the 2018-2019 harvest production will reach 752,575 metric tons of sugar, a volume that would be slightly higher than that recorded in the 2017-2018 cycle.

The Asociación de Azucareros de Guatemala (Asazgua) projects a slightly higher growth than the previous year because of climate factors, which will be confirmed when they have the final figures for closing production.

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 Production Up by 22.7%

June 2012

In the 2011-2012 harvest, completed this month, a "historical record" of 54,330,445 quintals of sugar was harvested.

"It's a record", proclaimed Armando Boesche, general manager of the Sugar Association of Guatemala (Asazgua).

The union leader attributed the good performance to weather conditions which "for the current crop were favorable".

Guatemala's Sugar Harvest Up by 21.5%

June 2012

Between January and March 2012 $304 million worth was exported and producers are expecting a bumper crop this year.

In the 2010-2011 harvest, there was 44.5 million bushels. Up tp May 13 the figure was 54.1 million, according to figures from the Association of Sugar Producers of Guatemala.

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