Australia has emerged as the second-largest sugar exporters in the world overtaking Thailand.
Paul Schembri, chairman, Canegrowers said, “This is surprising for all including government and cane farmers that we are now an important player in this market after Brazil.”
Cane growers is expecting that the sugar mills would harvest around 29.5 million tonnes of sugarcane, 28 mt of that in Queensland once they start operations in June. The crushing will result in the production of 4mt of raw sugar and 85% of it will be exported.
Sugar export from Thailand is expected to be around 2.6 mt in 2021, around 4mt less than 2019 due to drought.