Sugar export quota will remain intact despite decline in production

27-Mar-2025 11:10 AM

🚜 Sugar Export Quota to Remain Despite Production Decline

📍 New Delhi – The Central Government has decided to maintain the sugar export quota of 10 lakh tonnes for the 2024-25 marketing season (October-September), despite industry estimates predicting a sharp decline of 50-60 lakh tonnes in domestic production.

🔹 Key Industry Estimates for 2024-25:

• ISMA (Private Mills): 264 lakh tonnes

• NFCSF (Cooperative Mills): 259 lakh tonnes

• AISTA (Trade Body): 258 lakh tonnes

• Last Season (2023-24): 319 lakh tonnes

📦 Supply & Stock Situation

✅ Why is the Government Confident?
➡️ High Carryover Stock: Previous season’s surplus will ensure smooth supply.
➡️ Projected Closing Stock (Sept 2025): 54 lakh tonnes – sufficient to meet demand.

📌 Conclusion: No immediate sugar crisis is expected in the domestic market, even with 10 lakh tonnes of exports allowed till September 2025.

🌎 Global Sugar Market & India’s Role

🔹 India is the world's second-largest sugar producer after Brazil.
🔹 In January 2025, the government approved 10 lakh tonnes of sugar exports, reassuring that the decision will not be reversed.

📢 Market Impact: Despite production cuts, sugar availability in India is expected to remain stable. However, industry watchers should track monsoon conditions and next season's crop outlook for future trends.