The Kabul Times.
Economic

Indonesia, Afghanistan account for 48% of Oct-March sugar exports from India

By: The Kabul Times

KABUL: Indonesia along with Afghanistan accounted for about 48 per cent of the total Indian sugar exports of 29.72 lakh tons shipped out during October 2020-March 2021, according to the Indian Sugar Mills Association (ISMA). Indonesia has, so far, imported about 11.5 lakh tons, while Afghanistan has imported 4.7 lakh tons from India.
Major sugar importers
Thailand used to be the largest exporter of sugar to Indonesia, a major importer of raw sugar along with China. With Thailand’s sugar production coming down by half, its exports to Indonesia have reduced. Therefore, India is getting a chance to enter the Indonesian market and we have grabbed the opportunity, said Abinash Verma, Director General of ISMA. In fact, Indonesia has extended the concessional import duty to India t a year-and-half ago. Thailand and Australia are the only other countries that enjoy Indonesia’s concessional import duty.
Exports
ISMA said about 29.72 lakh tons have been shipped out during October-March 2021 compared with 30.64 lakh tons in the same period a year ago. Mills have shipped out more than 25 lakh tons within three months of the 2020-21 export policy being announced on December 31, 2020. This is almost 42 per cent of the 60 lakh tons of export quota for the current year.
It is also reported that about eight lakh tonnes of sugar is in pipeline for export in April, ISMA said. Sugar production till April 15 stood at 24.82 million tons, about 4.26 million tons or 21 per cent higher than same period last year. About 170 sugar mills were still crushing cane as on April 15 compared with140 in the same period last year.
Sales up to March 2021 stood at 12.94 million tons against domestic sales quota of 12.5 million tons issued by the Government. Last year, during the same period sugar sales were estimated at 13.02 million tons as against sales quota of 12.6 million tons. Last year, post March, 2020, sugar sales got affected due to the country wide lockdown and consequent closure of restaurants, malls and movie halls that in turn impacted the demand for sugar sweetened products like ice cream, beverages, juices, confectionaries, sweets.
However, Verma said the disruption in supply chain is expected to the be minimal this year due to the night curfews and lockdowns being imposed by some States with certain limitations. This time the restrictions are more organized and directives including standard operating procedures are already in place, due to which supply chain disruption is expected to be minimal.

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The Kabul Times.