Jamaica: Sugar Annual
20th April 2023
Post forecasts Jamaica’s sugar production down eight percent to 36,000 metric tons (MT) for marketing year (MY) 2023/2024, an outlook that reinforces a trend already underway with past estimates for this waning industry.
For years, the Jamaican sugar industry has experienced lingering challenges constraining production, such as labor shortages, low-quality sugarcane, and the high costs of production, key factors that have contributed to the closure of all but two sugar mills across the island. For MY2023/2024, Jamaica will continue to export raw sugar to the United States under
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