Forecast: Sugar Production at Farm Gate in South Africa

In 2023, sugar production at the farm gate in South Africa stood at 598 million Euros. Forecasts indicate a consistent growth pattern with values reaching 604.72 million Euros in 2024, 611.14 million Euros in 2025, 617.52 million Euros in 2026, 623.88 million Euros in 2027, and 630.2 million Euros in 2028. Year-on-year variations show a steady increase:

- 2024: +1.12%
- 2025: +1.14%
- 2026: +1.04%
- 2027: +1.03%
- 2028: +1.01%

The compound annual growth rate (CAGR) over the forecast period is approximated at 1.07%.

Future trends to watch for include potential impacts of climate change on production, shifts in global sugar prices, and advancements in agricultural technology which could influence yield and efficiency.

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