Philippines Ample Sugar Stocks May Eliminate Import Need | Philstar

The Philippines may not import sugar in 2025 due to ample stocks from previous imports and steady production, according to the United States Department of Agriculture-Foreign Agricultural Service (USDA-FAS) in Manila, as reported by The Philippine Star.

USDA-FAS Manila projects the country will produce 1.85 million metric tons of raw sugar next year, despite the effects of El Niño. The USDA-FAS Manila attributed this to farmers expanding sugarcane areas and high prices.

The Philippines imported 730,000 metric tons of refined sugar in 2022-2023 to supplement domestic supply. However, current stocks are considered sufficient.

Total sugar demand is expected to remain stable at 2.2 million metric tons in 2025, and exports are unlikely except for quota commitments to the United States.