Average daily sugar exports fall 24% in the first half of this month

Brazil's sugar and molasses exports have seen a significant decrease in the first 12 business days of this year, with a daily average drop of 23.8% compared to January 2024. The average export volume has decreased to 109,738.3 tons from 144,082 tons, leading to a 32.3% reduction in average revenue. The price of these exports has also decreased by 11.1%, from US$ 536.7/ton to US$ 477.2/ton. Consequently, Brazil has invoiced US$ 628,355.4 thousand from these exports in the first seven business days of the year, a figure that is significantly lower than the US$ 1,701,124.2 thousand invoiced in the same period of January 2024.

Sugar and molasses exports by Brazil during the first 12 business days of this month had a daily average 23.8% lower than in January 2024. This is what is shown in a report released this Monday (13) by the Ministry of Development, Industry, Commerce and Services, through the Secretariat of Foreign Trade (Secex). While January 2024 had a daily average of sugar and molasses exports of 144,082 tons, with shipments reaching 3,167,804.1 tons throughout the month, at the beginning of this year the average is 109,738.3 tons, with a total of 1,316,859.2 tons to date. Given an 11.1% drop in the price, which went from US$ 536.7/ton to US$ 477.2/ton in 2025. Therefore, there was a 32.3% reduction in the average revenue, which fell from US$ ...