Key Market Indicators
Brazilian sugarcane consumption is expected to reach nearly 5 million metric tons by 2026. This is a 1.4% year-on-year growth rate from 2021, when it was 4.4 million metric tons. Since 2017, the demand for sugarcane in Brazil has decreased by 1% each year. In 2021, Brazil stood as the second-largest consumer, behind India, which had 4.4 million metric tons. Brazil, Thailand and Egypt were the second, third and fourth-largest consumers, respectively. Brazilian sugarcane production is forecast to reach 827.7 million metric tons by 2026, with an average year-on-year growth rate of 1%. Since 1966, the supply of sugarcane in Brazil has increased by 0.3% each year. India, Thailand and China were the second, third and fourth-largest producers, respectively.