Sugar May exports drop to 1.58 million tonnesJun, 14, 2022 Posted by Gabriel Malheiros
The average daily revenue obtained from Brazilian exports of sugar and molasses totaled US$ 27.175 million in May (22 working days). The average daily volume of exports reached 71,838 thousand tonnes.
In the period, 1,580,438 tonnes were exported, creating revenue of US$ 600 million at an average price of US$ 379.70 per tonne.
Compared with the daily average for May 2021, valued at US$ 38.606 million, there was a 29.3% drop in the worth obtained by sugar exports per day in May 2022.
See below the track record of sugar exports (HS 1701) from Brazil between January 2021 and April 2022. The data below comes from DataLiner.
Brazilian Exports of Sugar (HS 1701) | Jan 2021 – April 2022 | WTMT
In May 2021, Brazil exported 2.482 million tonnes of sugar, with a revenue of US$ 810.7 million.
Volume decreased by 39.2% compared to the 118,223 thousand tons shipped daily in May 2021. On the other hand, the average price increased 16.3% from US$ 326.60 per tonne in May 2021.
Source: Canal Rural
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