SUGAR EXPORTS IN PERNAMBUCO REGISTER AN INCREASE; CATEGORY PROJECTS 2024 WITH OPTIMISM

Pernambuco’s sugar exports boomed in 2023, with key ports Recife and Suape seeing increases of 14.5% and 38% respectively. This marks a promising recovery post-pandemic, fueled by favorable port locations near production hubs and increased demand from North America, Europe, and beyond. The industry remains optimistic for 2024, aiming to maintain a 50/50 split between domestic and international markets. Strategic port placement and close collaboration with producers are key advantages, ensuring efficiency and lower export costs. The surge also translates to job creation, particularly in logistics and transportation sectors. With limited potential for mechanization due to hilly terrain, more workers are needed to handle rising production capacity.
Source: Nova Cana