Two of the leading sugar -producing countries are......... and..............
Answers
Answer:
india and Brazil
explanation
- India.: India became the world's largest sugar producer in 2018/2019, beating out Brazil for the first time in 16 years. ...
- Brazil.: Brazil has historically been the world's largest sugar producer but ceded second place to India in the 2018/2019 crop year. ...
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SUGAR MARKETS
world sugar
demand and
supply
where sugar is grown
Around three-quarters of the world's sugar is supplied from sugar cane which is grown in tropical and sub-tropical regions.
grown in tropical and sub-tropical regions
cane and beet sugar are chemically identical
Sugar produced from either beet or cane is chemically and functionally identical.
Around one-quarter is supplied from sugar beet grown in more temperate climates.
grown in temperate climates
about global sugar consumption
Sugar is produced in over 100 countries and is used by two main food sectors; ‘food and drink manufacturing’ and ‘retail’.
The ‘food and drink manufacturing’ sector uses sugar across a wide range of products dependent on what type of functionality they are seeking sugar to provide. The majority of sugar produced serves the food sector. The smaller market sector known as ‘retail’ is purchasing sugar that is often sold directly to consumers for use at home, or across businesses such as cafés and restaurants.
sugar is
produced
in over
100
countries
two main
food sectors:
food and drink
manufacturing
and retail
total global demand
Global sugar consumption was over 185 million tonnes in 2017/181. Consumption is driven by long-term growth of around 2% annually which is expected to continue in the future.
sugar is traded in both raw
and refined formats
semi-refined brown sugar is internationally traded on the New York 'Number 11' market
lower initial cost but requires refining at destination
refined 'white' sugar is traded internationally on the London 'Number 5' market
higher initial cost but does not require facilities for refining
FIND OUT MORE ON HOW SUGAR IS TRADED
how demand is delivered
Of the global demand, approximately two-thirds is met by local regional production, with the remainder (about 60 million tonnes annually) supplied from globally traded exports.
A significant proportion (usually about one-third) of this export trade takes place under historic bilateral and preferential agreements.
...of which 10% is delivered through commodity exchang