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Sugar
Since the beginning of Brazilian history, sugar has played an essential role in the economy, so as to become a profitable export product. Despite no longer being the flagship of Brazilian agribusiness, the product continues to occupy a prominent position in the international market.
Fortunately, this position of sugar enhancement in the international market has not only been maintained, but has progressed, in order to bring good news to Brazilian exporters even in the midst of the pandemic.
Brazil is expected to end the 2023/24 season with record sugar production and exports, and account for about 50% of the global sweetener trade in the period, as it harvests a large sugarcane crop and directs higher volumes of the raw material for the manufacture of the product.
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