International Sugar Journal

Abolition of the EU sugar quotas – what’s at stake? [Full subscriber]

The European Commission has recently suggested abolishing sugar quotas in 2015. In that case, competition inside the EU will intensify, but protection against import from the world market will continue to exist. In first instance, current out-of-quota production will be redirected to the food market. In second instance, efficient producers might increase their production. Both will put internal prices under pressure and drive less competitive EU producers as well as preferential importers out of the market. Despite an increase of internal production, the total revenue of the EU sugar industry will most likely fall. The size of these effects is…

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