Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Agriculture

Mauritius: Sugar output to drop by 5, 000 tons in 2018

Wednesday, 23 May 2018 14:06

(Ecofin Agency) - Mauritius is expected to produce 350, 000 tons of sugar in the 2018 season, down 5, 000 tons from last season, the country’s Chamber of Agriculture reports.

This slight drop in production comes in a difficult context for the sugar sector. Indeed, as sugar quotas ended last October, the sector which has been benefiting from high guaranteed prices on the European market, has now lost its attractiveness to this market.

In addition, the nation’s main sugar companies Terra Mauricia and Omnicane are facing significant operational losses due to the decline in sugar cane supplies.

Let’s recall that sugarcane is grown over about 58, 000 hectares, representing about 31% of Mauritius’ total area. Sugar industry accounts for 2% of GDP, provides almost 16% of export earnings and generates 28, 500 direct jobs.  

Espoir Olodo

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.