According to data released by Brazil's Foreign Trade Secretariat (Secex) on October 4, Brazil's sugar exports in September 2024 reached 3.9538 million tons, a year-on-year increase of 24%, setting a record high for a single month. This indicates that global demand for Brazilian sugar remains strong, and export volumes continue to impact international supply.
Brazil's advantages in the sugar market are primarily reflected in its unique natural conditions, advanced production technology, and mature global trade network. The country's mild climate, abundant rainfall, and ample sunlight provide ideal conditions for sugarcane growth. Additionally, Brazil possesses mature technology and rich experience in sugar production, with its ICUMSA 45 sugar renowned for its high quality, excellent consistency, purity, and pleasant flavor in the global market. Brazil also has large-scale production capacity and modern processing infrastructure, including technologically advanced factories and efficient logistics systems, ensuring the efficiency of sugar production and exports.
For Chinese enterprises, the Brazilian sugar market offers stable supply capabilities and a high-quality brand image. As Chinese consumers' demand for high-quality sugar increases, Chinese companies can import Brazilian sugar to meet market needs. Furthermore, Chinese enterprises can explore cooperation opportunities with Brazilian sugar producers, such as establishing joint ventures or engaging in technology exchanges, to enhance their own production capacity and product quality. The Brazilian government's export incentive policies and trade agreements also provide favorable trading conditions for Chinese companies, helping to lower the barriers to entering the Brazilian market. At the same time, Chinese enterprises can leverage the high-quality image of Brazilian sugar to develop premium sugar products and export them to international markets.
Picture Source: Yunnan sugar net