The non-centrifugal sugar stock in Brazil is anticipated to continuously decline from 2024 to 2028, with a yearly increase in deficit. Starting at a shortfall of 78,400 metric tons in 2024, the stock deficit is expected to deepen to 94,800 metric tons by 2028. This reflects a consistent year-on-year increase in stock deficit with an average CAGR of approximately 5%. As of 2023, stocks already faced pressure, culminating in negative balances that influence future forecasts significantly.
Looking ahead, the persistent stock deficits suggest potential challenges for supply chains. Monitoring agricultural yield improvements and any shifts in sugarcane production areas could be critical. Additionally, any policy changes concerning sugar tariffs or sustainability initiatives may alter these forecasts.
