Key Market Indicators
Venezuelan sugarcane production is estimated to reach 2.7 million metric tons by 2026, a 5.6% drop from 3.8 million metric tons in 2021. Since 1966, the country has seen a 0.5% annual increase in its production. Venezuela is currently ranked 34th worldwide, with Mozambique ahead of it at 3.8 million metric tons. India, Thailand and China come in at numbers two, three and four, respectively.