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Sugar Dispatches for Exports by Mills Top 3.5 Million Tonnes; 2.78 Millions Tonnes Shipped Out

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Over 3.5 million tonnes (mt) of sugar have been dispatched by sugar mills to ports and refineries in special economic zones (SEZs) for exports in the current season (October 2022-September 2023).

The All India Sugar Traders Association (AISTA), providing data sourced from Mumbai-based Dr Amin Controllers Pvt Ltd, said 2.783 mt of sugar have been physically exported out of the 3.587 mt dispatched by the mills.

While 0.37 mt have been delivered to refineries in SEZs, considered as deemed exports and the remaining 0.424 mt is either being loaded or waiting to be loaded onto vessels.

Major buyers

AISTA Chairman Praful Vithalani said Bangladesh and Indonesia are the top buyers of Indian sugar purchasing 0.27 mt and 0.261 mt, respectively. Djibouti has imported 0.247 mt of Indian sugar, while Somalia has bought 0.246 mt.

The United Arab Emirates follows next purchasing 0.206 mt, Sudan has bought 0.166 mt and Saudi Arabia 0.165 mt. Malaysia, Sri Lanka, China (0.112 mt), Iraq, Afghanistan and Cameroon are other significant importers of Indian sugar, Vithalani said in a statement.

Source: The Hindu Business Line

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