Key Market Indicators
Sugarcane production is expected to reach 2.6 million metric tons by 2026, a 1.1% yearly increase from 2.4 million metric tons in 2021. Since 1966, output has grown at a rate of 1.7% annually. In 2021, Panama overtook the country, coming in at 43rd place with 2.4 million metric tons. India, Thailand and China were ranked second, third and fourth, respectively.