Competitiveness of different sugarcane industries in an era of low sugar prices

A surplus in global production over consumption in 2017-18, initially projected at 10 mn t of sugar mainly from boosted production in India, Thailand, European Union and other countries, resulted in a 10-year low price of sugar in August 2018. Due to the low price environment seen in 2017-18, even the most efficient sugar producing countries such as Brazil had production cost higher than the world market price. It was opportune to study the competitiveness of different sugarcane industries in Southern, Eastern, Central and Western Africa in comparison with large producers such as Brazil, India, Thailand and . . .

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