In 2023, Brazil's centrifugal sugar supply stood at 40.0 million metric tons. Starting from 2024, the forecast data illustrates a steady year-on-year growth in centrifugal sugar supply at approximately 1.4% annually. Specifically, supply is predicted to grow from 40.63 million metric tons in 2024 to 42.89 million metric tons by 2028. Over the five-year period from 2024 to 2028, this equates to an average compound annual growth rate (CAGR) of 1.36%.
Future trends to watch for:
- Impact of global demand on production levels.
- Influence of sustainable farming practices on supply.
- Potential economic and regulatory shifts affecting the sugar industry.
