Egypt’s raw sugar production expected to increase by 7% y-o-y in 2017-18

Egypt’s production of raw sugar is expected to grow 7% y-o-y to 2.42 mn tonnes in marketing year 2017-18, according to US Department of Agriculture’s Foreign Agricultural Services’ Global Agricultural Information Network 2017 report. The increase is driven by the a wider area under cultivation with sugarcane and beets. The government is paying farmers higher prices than last year as an incentive. Beet sugar production is forecast to increase by 4% y-o-y to 1.32 mn tonnes, and sugar from sugarcane is expected to increase by 10% y-o-y to 1.1 mn tonnes.