Guyana: More on the global sugar market

This week’s column wraps up my presentation on the long-term situation of the global sugar industry, which as I have argued stands in stark contrast to that of Guyana’s. I shall concentrate today’s discussion on global consumption and the world market price for raw sugar.

 

Global consumption

Like global output, world consumption of sugar (and other sweeteners) has also enjoyed a period of vigorous expansion. Overall,