India's sugar output to be higher at 36.5 million tonnes in 2022-23 marketing season: ISMA
- IBEF
- October 18, 2022
According to industry group ISMA, the country's expected sugar production for the 2022–23 marketing season will be 36.5 million tonnes, up 2% from the same time last year.
October month marks the beginning of the marketing season. During the 2021–22 marketing year, 35.8 million tonnes of the sweetener were produced in India, the world's largest producer.
The ISMA anticipates export to be about 9 million tonnes this season, with an expected increase in production despite higher diversion for ethanol.
The Indian Sugar Mills Association (ISMA) announced the initial estimate and stated that "after accounting for the reduction of 45 lakh tonnes in sugar production due to diversion of cane juice/syrup and B-molasses to ethanol, ISMA estimates sugar production in 2022-23 at around 36.5 million tonnes of sugar."
During the 2022–23 season, it was predicted that Uttar Pradesh would produce 12.3 million tonnes of sugar, Maharashtra would produce 15 million tonnes, and Karnataka would produce 7 million tonnes.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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