• December whites container exports totalled 136kmt;
  • On a cumulative basis it is the lowest volume in the past 13 years;
  • West African countries remain as top destinations;

Low Whites Exports

  • As expected, container exports saw a slowdown in pace over the past months;
  • December saw 136kmt of whites exported out of Brazil;
  • On a cumulative basis (since April) Brazil exported 1.33mmt – the lowest volume of the past 13 years;
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  • Q1 is the offseason in CS and therefore no whites production;
  • The tendency for the upcoming stats is further slowdown in pace;
  • Just a note on stats: container data has over 1 month delay which is why we are writing only now about December exports;
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  • Looking at quality of whites exports out of Brazil, the majority is of crystal sugar, with the remainder composed of small volumes of refined, organic and direct consumption raws; 

Destinations

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  • Togo and Angola remain one of the main offtakers of white Brazilian sugar;
  • Out of the destinations of December, Mauritania pops out importing 9.7kmt – the first volume since June;

White Sugar Export Profile

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  • The tendency of white sugar exports in CS has moved towards container shipments;
  • Break bulk exports has diminished significantly each year due to the size of the shipments and most significantly due to terminal availability;
  • Terminals in CS (specially Santos) prefer to work with bulk cargos that are more efficient;
  • Meanwhile, in NNE the majority of white sugar exports are made via break bulk due to the terminals higher idle capacity.

Ana Zancaner

Ana graduated from Insper University Sao Paulo in 2013, with a bachelor’s degree in business administration. She joined CZ as an intern in 2013 and is now our senior analyst in our Sao Paulo office. At CZ she is responsible mainly for analysis of the Brazilian sugar and ethanol sector but supporting other consulting requests as well.

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