SUGAR EXPORTS ROSE 48.8% IN MARCH 2024; REVENUE INCREASED BY 77.2%

Brazil exported 2.719 million tons of sugar in March 2024. Compared to the same period in 2023, this represents a 48.8% rise. The outcome was a 77.2% increase in revenue, amounting to USD 1.478 billion. At USD 543.50, the average price per ton of sugar climbed by 19.1%. In the first quarter of 2024, Brazil exported 8.9 million tons of sugar overall, according to Secex data. In comparison to the same period in 2023, this indicates a rise of 78.21%, with sales increasing by 111.1% to USD 4.752 billion.
Source: Agência Estado (*Translated by Ia Niani)