Sugar industry in pakistan 2021 It notes that Pakistan is the 5th largest sugarcane producer globally and sugar is the 2nd largest agro-industry. Pakistan remains a power deficitnation and Pakistan's sugar production in 2024/25 is expected to increase 3% from 2023/24 to 6. 9 MMT. The Pakistan Sugar Mills Association (Punjab Zone) has denied reports of increases in sugar prices in the country, adding that “baseless rumors” were being spread by speculators, reports Sugaronline. 03 million tonnes, and the global consumption also went up by 1. Third-Quarter-Ended-June-30-2022. INVESTOR RELATIONS. It considers relevant laws, case law, The sugar industry is Pakistan's second largest industry after textiles, and the country ranks fifth in sugarcane production of the wor ld, with 88. 1% compared with 2021 figures. Sugar consumption for Top Suppliers of Sugar to Pakistan in 2022: India (224. ) argues how the report’s almost-complete exclusion Sugar production is forecast at 7. 2 0. 21 to work to curb sugar hoarding and increase revenue collection from the sugar industry, according to Arab News. ) argues how the report’s almost-complete exclusion of water showcases negligence towards Pakistan’s existential water crisis. 00 per share of Rs. 2 million metric tons. 9% of the total value added in agriculture. The primary data were collected from sugarcane growers and sugar industry using a well structured pre-tested questionnaire from Sindh, Punjab and In a statement, the Association has said that the sugar industry of Pakistan has been under severe crisis for past many years and sugar manufacturers are constantly compelled to conduct business in an Note: Stocks include only milled sugar, as all khandsari sugar produced is consumed within the marketing year. Prime Minister of Pakistan will inaugurate the Track and Trace system of the Federal Board of Revenue (FBR) for the sugar industry on 23rd November, 2021 at PM House, Islamabad. 4 Punjab KPK 5-6 Mn Tons Domestic Pakistan’s sugar production could hit a five-year high in 2021/22. It is of ample importance for sugar-related industries and is the second largest agro 29-Jan-2021 BBB+ A2 Stable Upgrade - 07-Apr-2020 BBB A2 Positive Maintain - Rating Rationale and Key Rating Drivers Pakistan s sugar industry is the country's 2nd largest agro-based industry, comprising 90 mills with an annual crushing capacity estimated ~65 70mln MT. Sugarcane is a native of tropical Indian and Pakistan subcontinent then to Southeast Asia. Sugarcane, on average, accounts for nearly 80% of global sugar production. 9 MMT, Strategic Alliance within the Sugar Industry of Pakistan: A Resource Dependence Perspective Rameesha AMAN 1, Abdul Rehman KHAN 2 March 05, 2021. Bulk sugar consumers such as bakeries, candy, ice cream, and soft drink manufacturers account for about 60 percent of total sugar demand. (2021) assessed the impacts of major macroeconomics, Sugar. 333% of total import flow to Pakistan (in 2021, total imports to Pakistan amounted to $ 72 billion). Carswell’s study was limited to 20 smallholder sugarcane farmer households on the second main island, The sugar industry in the country is the second The Pakistan Sugar Mills sugarcane cultivation as a percentage of the total cropped area increased from 4. , Pakistan) using the NEIO paradigm. 15th May 2024. Aurangzeb Mohsin CEO 3. Pakistan remains a power deficitnation and the opportunity to produce power remains huge. Following the Establishment of the fabric industry, the sugar Driven by more area and better yields, centrifugal sugar production in 2021/22 is forecast at 6. 1 In Driven by more area and better yields, centrifugal sugar production in 2021/22 is forecast at 6. Some of the landmark judgments discussed includes Fauji Sugar Mills v The Province of Punjab, achieve a completely deregulated sugar industry, Pakistan needs to pro-actively amend the law, Policy Brief 2 overcome the gaps in the legal framework, establish a single regulator, Validate and upload datasets (e. The sugar industry has year has been a challenging one for the sugar industry. 36 kg Filter Mud. 8 million metric tons by 2026. 4M) and United Arab Emirates ($14. 8 million metric tons (MMT), up 14 percent from the current year’s revised estimate, due to significant increases in area and sugarcane yields. of alcohol, 2021. 2 1. 7 76. Sugar consumption for the same year is forecast at 5. Company Registration Number (GST): 04-05 -2302-006-91 Company NTN Corporate Briefing Session 2021-2022. 2, according to Dawn. 5 million people. 9 million tons higher than last Ministry of Food Security has recently released the statistics of total sugar production in Pakistan, according to which, 7,905,564 metric tonnes of sugar was produced during 2021-22. It is a commercial crop sown in tropical and subtropical climates of the world. CHAPTER 2 Current State of Sugar Sector of Pakistan 2. Read more. 4 MY12 MY13 MY14 MY15 MY16 MY17 MY18 MY19 MY20 Source: Pakistan Sugar Mills Association Annual Report, Pakistan Bureau of Statistics, International Sugar Organization Depressed international sugar prices due to excess sugar supply emanating from whereas the sugar prices have increased by 100% during the same period. Table 1: Sugar Cane Production 2020/2021 2021/2022 2022/2023 Market Year Begins Oct 2020 Oct 2021 Oct 2022 Pakistan New Post USDA PAKISTAN SUGAR SECTOR D. The industry is trying to overcome the supply challenges. 8 million metric tonnes, due to a slight expansion in cane area and production, according to the US Department of Agriculture's Foreign Agricultural Service (FAS) post in On 16 December, 2021, the SSRC released a comprehensive report comprises of three key drivers “deregulation, documentation, and enhancing competition among sugar industries”. The report is proposing several policy interventions Authority on 03-03-2021 after the finalized by the Sugar Industries Technical Committee had been approved by the National Standards Committee for Agriculture & Food Products. Sugar prices in Pakistan's major cities have fallen at the start of the sugarcane crushing season, according to Pakistan Today. 5% and 18. The report is proposing several policy interventions Sugarcane production for 2021/22 (October/September) is forecast by USDA at 84. Factory Location. PAKISTAN: Sugar mills in Faisalabad directed to clear dues with farmers . 5% of world sugar A study was conducted at Technology Transfer Institute, Tandojam, Pakistan during 2008-09 to analyse sugar industry competitiveness in Pakistan. 50% (2025-2029) resulting in a market volume of US$8. 38 Kg Molasses. DIVERSIFICATION IN LOCAL SUGAR INDUSTRY 2021 175 169 2020 175 168 2019 185 180 2018 186 180 . The sugar industry is the 2nd largest agro based industry which The Sugar Market. Second and has an honor of being one of the pioneer sugar mills of Pakistan. Virtually no centrifugal sugar is utilized for alcohol, feed, or other non-human consumption. Operational Highlights December 2022 December 2021 Crushing - M. 529 mn t of sugarcane. g. 5M). According to data released by the Pakistan Bureau of Statistics, sugar cane production in Pakistan fell from 67. The smallest decline of -35% was in 2020. Lahore and Islamabad Chamber of Commerce and Industry, and Pakistan Sugar Mills Association. Since 1966, production has declined by 2. 7 million tonnes, to bring in sugar, especially from countries such as Brazil, Pakistan and Thailand. More. Pakistan Exports of sugars and sugar confectionery - data, historical chart and statistics - was last updated on January of 2025. 2 MMT of sugar, 90 percent of which is sourced domestically. While the shareholders’ equity increased by 15. üùóï7‰[u¢ ½»7Ï™&µ¤Ýé vKá Ê®3K¡ o÷Ó¼¸ø j °mˆ * ŠŠS¡ “8ß8‹ Þä'šx_IÎ‡Š³©àly“‡~–~âdN9iekç÷#5"íðN° ä€ èçU E„6 UXE[”u¯Ë¦ 8QÓñ|¶ ŽæV: V€ÞÛc8Åua#ûÛ>]’O$×ˆkUaÉG ?ÿ² Á’ª ‚JK0 ˜núÔeÍ½¨ D˜ “dMÇ æ–T m MVu˜ ² ‹§4”hH†ëÀ(PE 0QJ¦)PßC) f€:ˆ4 Z šwY74 h ]»~ T industry is 18% and 1. 1 Sugar Industry in Ghana imports to Ghana stood at about 600K MT in 2021 whilst raw sugar imports stood at Thailand and Pakistan. He also stressed the protection of sugar consumers along with the cane growers and the sugar industry. 2000-2021 Pakistan: Sugar Annual. It considers relevant laws, case law, Sugar. 7. The sugar and ethanol industries are particularly Sugar cane cutting. 3. 3pc in 2011 to 5pc in 2021. Quaid-e-Azam Industrial The sugar industry in Pakistan is the second largest agro-based industry. 1 points for May 2024. 4% per year on average, starting from 6. PAKISTAN: Court suspends decision to allow operations of new sugar factory . COMPANIES In 2023, leading companies such as Jo-Ann Stores (828), Sobel Westex (590), and Adidas (490) were at the forefront of shipping Raw sugar, cane from Pakistan to the United States. At the same year, Raw Sugar was the 45th most imported product in Pakistan. Farmers have planted more cane with record returns up for grabs. The research methodological framework applied to this study builds on Carswell’s 1996–1997 ethnographical methodological framework (2000, 2003), whereby she studied the role of gender and familial relations to produce sugarcane crops in Fiji. ALSO READ Pakistan Assembled Nearly 11 Million Mobile Phones in First 4 Months of 2024 Sugar exports exceed 10 million tons for the first time Sugar exports rise by 64. The trend pattern, however, indicated The Sugar Advisory Board has conditionally allowed to export 150,000 metric tons of sugar. Will the Mafia Source: Pakistan Sugar Mills Association Annual Report, Pakistan Bureau of Statistics, International Sugar Organization Depressed international sugar prices due to excess sugar supply emanating from India and Thailand Domestic Sugar prices are higher owing to lower yields, high recovery rates and high cost of production The ICAR-Sugarcane Breeding Institute, Coimbatore in collaboration with South Indian Sugar Mill Association (SISMA), Chennai and Directorate of Sugar, Chennai has been evaluating early maturing Global sugar creation is just about 166. 18 million metric tons, in the year 2020/2021 182 million metric tons is expected. Even this year in Sindh presents an alarming picture. Investor Relations. Relationships in Challenging timeS. Sugar consumption will continue to grow modestly and is projected at 5. 6 show the total yield and average recovery of sugarcane in the Punjab province of Pakistan. Sugar, Centrifugal 2020/2021 2021/2022 2022/2023 Official USDA New Post USDA New USDA New Beginning Stocks (1000 MT) 1,625 1,685 2,245 2,752 0 3,512 Beet Sugar Production (1000 MT) 60 60 60 60 0 60 Cane Sugar Production (1000 MT) 5,960 6,445 6,615 7,080 0 7,120 Sugarcane is a high value cash crop in Pakistan, and the country is currently the fifth largest producer in the world. Association, P. 15 billion from Rs 239. Sugar industry. While we at Mehran have tapped sugar production and ethanol production, the opportunity to produce power remains a huge one. For this purpose data were collected both from primary and secondary sources. Tons 14,048 9,280 Pakistan can get Indian sugar cheaper and faster if trade reopens. The empirical estimates indicate that the demand for sugar is inelastic and that the consumption of sugar peaks during the winter season but declines in the summer. It contributes about 0. government agencies from 1947-2021. During May-18, United Group, represented by the Essarani Know about the Sugar industry in India and its types. The combined impact of the coronavirus pandemic, the war in Ukraine, and high inflation 2. Annual Report 2021 . Crushing capacity on the basis of operating days 560,000 Metric tons. 33% Sugar Production-M. The sugar industry supply chain system is related to the coordination between business interests in managing stock, quality, and price stability in an even distribution system, which is The case of the Pakistan sugar industry is well-known and it is common knowledge that the alliance or the cartel within it is responsible for frequent price hikes and sugar supply shortages in the country. Pakistan’s sugar industry is going through a difficult time of survival due to the high price of sugarcane, low sugar content in cane, low price of sugar, strict control by the government, and environmental regulations. 2 Sugar 11 Performance at a Glance The balance sheet size of sugar sector increased by 25. This study estimates market power in the sugar industry of Pakistan using data from 2005 (Q1) to 2014 (Q2). Sugar exports in 2023/24 are expected to be 800,000 tons, slightly less than 2022/23, as the government Pakistan is the 7th largest producer of sweetener in the world, and sugarcane is the country’s second most important cash crop after cotton. 4% compared to last year. It considers relevant laws, Find the most important statistics and facts about the sugar industry Thailand, and Pakistan rounded off the five leading sugar Retail price for granulated sugar in the U. Urban legend has got the sugar industry, or rather the ‘barons’ who are supposed to run it, as responsible for the woes of the country. www. The average yield of sugar beet in Pakistan stood at 40 tons per ha in 2022, remaining stable against the previous year. Revised: April 02, 2021. Sugar production employs over 1. 16th December 2024. Pakistan’s MY 2021/22 sugar production is forecast at 6. To convert raw value to refined/crystal white sugar, divide by a factor of 1. The sugar industry in Pakistan and especially in Sindh where we are located has faced an unprecedented crisis of low cane crop. 7 Financial Year 2021-22 Annual Report Year Ended September 30, 2022. Variety development to date has largely focused on MY 2021/22 sugar consumption is projected at 5. This article explores the historical development of the sugar industry in Pakistan, focusing on the legislative framework that has shaped it up to 2021. The All India Sugar Trade Association (AISTA) Fast economic growth coupled with an increasing population, economic development and energy demand has pushed the Government of Pakistan to explore cost-effective, clean, and alternative energy sources to respond to the PAKISTAN: PM directs officials to act against hoarding in sugar sector . KEY FIGURES 7,416,618,258 Turnover (Rs. 2022). 9 million tons of sugar was produced during the 2021-22 crushing season. The study’s primary purpose is to explain the role of market power in the sugar industry of a developing economy (i. Overall, the yield continues to indicate a relatively flat trend The Pakistan Credit Rating Agency Limited Sugar Profile Legal Structure SGM Sugar Mills Limited ( "SGM" or "the Company") is a public unlisted company. Furthermore, the results of conduct parameter suggested that the sugar mill prices Delayed decision making on exportable surplus arising out of 2021-22 and 2023-24 The Sugar Industry has great potential for exports and the Sugar industry of Pakistan can achieve annual PAKISTAN: Board of Revenue to deploy officials to monitor sugar mills . View list of latest vacancies in Sugar Industry 2025 for fresh students and experienced job seekers. 62 percent during 2022, reaching Rs 301. Sugarcane is a major industrial and high-valued cash crop of Pakistan (Afghan et al. 250 kg Bagasse. (2020). Refined sugar is the main product of sugarcane industry in Pakistan. simultaneous emphasis on sugar and ethanol production helps reduce the overall cost of sugar production and, as a result, the gains made are passed to the farmers. C. In 2022, approx. 07. 7 million tons, up 11 percent over the current year’s revised estimate. 022 p. This paper adopts a multidisciplinary approach to analyses the law governing the sugar industry in Pakistan and its implications. 2 million metric tons (MMT), a marginal increase over the good 2021/22 crop. 23% The global industrial sugar March 2021: “Dalmia Bharat Sugar”, a well A modern sugar complex is a sugar, ethanol and power producer. Maj. Currently, about 110 countries produce sugar from either cane or beet, and eight countries produce sugar from both cane and beet. Revenue officials will be deployed at sugar mills in Punjab and Sindh following reports of misuse of the track-and-trace system, according to Pakistan Today. It produces about 67 million tonnes of cane annually. 1 Political Economy of the Sector Sector As mentioned in the preceding chapter (Table 2A), growth in the sugar industry in Pakistan started in 2 Quarterly Report Decemb 022 DIRECTORS’ REPORT On behalf of the Board, I am pleased to present financial results for the first quarter ended December 31, 2022. 717 million in 2020 and is expected to grow at a CAGR of 3. Imports In 2022, Pakistan imported $247M in Raw Sugar, becoming the 40th largest importer of Raw Sugar in the world. the opening stock at the start of the 2021-22 sugar season from October is anticipated to be nearly 8. [1] In India, sugarcane is planted thrice a year in October, March and July depending on part of the country. 2022 Baba Farid Sugar Mills. 60 kg Straw. com. They evade excise by fudging production figures, and blackma Sugar and Water in Pakistan Following the release of a government report on the trade of sugar in Pakistan and its links to corruption, Uzair Sattar (Research Intern, Wilson Center, Washington D. Pakistan is a nation-state that is rich in natural resources and specifically renowned for having a government devoted to agricultural amusement. Officials at the Faisalabad district have been directed by Divisional Commissioner Silwat Saeed to ensure the full payment of pending dues to sugarcane growers by taking action against defaulter sugar mills, according to Urdu Point. April 8, 2024 | Attaché Report (GAIN) | PK2024-0006 Contact: Office of Agricultural Affairs, Islamabad | (011-92-51) 208-2275. PAKISTAN: Sugar industry group denies reports of sugar price hike . These mills are mainly located in Punjab and Sindh, Pakistan’s sugar industry is one of the largest REPORT USDA Sugar Reports. The beverage industry annually consumes about 1. Pakistan was in eighth place in 2021, with Russia overtaking them with 6. Sugar Industry | Exports. , crop surveys, sugar industry data, agronomic views). This is an increase of 1. jamapunji. 3rd January 2025. 9% from the internet population of the country in 2021. The company is publicly listed on the Pakistan Stock Exchange under the "TSML" symbol. Last October/September season the top ten producing countries (Brazil, India, EU-27, China, USA, Thailand, Russian Fed. The sales of the sector increased YoY by According to the Pakistan Sugar Mills Association (PSMA), 87 sugar mills were operating in the country as of 2021. Average yield of sugarcane is 44 tons against the world average of 60 tons per hectare. Rahman et al. In 2023, the Pakistani sugar cane market decreased by -11% to $40. ) Due to slight increases in area and sugarcane yields, sugar production in 2022/23 is forecast to reach 7. Toggle navigation. Prime Minister Shehbaz Sharif directed authorities on Dec. Ch. year ended September 30, 2021. Pakistan's sugar industry is working to align sugarcane bagasse prices with coal prices in order to increase them by five to eight times, according to Dawn, citing unnamed sources. REPORTS TO: Pakistan Quality Assurance Manager. M. Pakistan is the 15th largest producer of sugar in the world, 5th largest in terms of area under sugar cultivation and 60th in yield. The sugar industry, comprising of eighty-eight sugar processing units, is the second larg-est agro-based manufacturing industry after the textile sector, accounting for 0. Sugarcane is the main ingredient of sugar industry of Pakistan and hence the 80% of the total cost of production Pakistan is the 15th largest producer of sugar in the world, 5th largest in terms of area under sugar cultivation and 60th in yield. season 2021-2022. Figures 17. At the time, various PSMA (Pakistan Sugar Mills Association) members said that the 2021-22 As noted above, the Sugar Mill Association has requested export approval, and there is an exportable supply, so it is expected that the government will approve the sugar industry’s desire to export in 2022/23. Akhtar Mehmood (Rtd). The country produced 7. The share of commodity group 17 in total imports to Pakistan decreased by 0. Table 2. Ansari, I. Sugar Pakistan’s MY 2021/22 sugar production is forecast at 6. In a study conducted in Pakistan, animals suffered different diseases and, in some cases, death was recorded due to consumption of sugar industry e uents discharged in to drains nearness of the The Confectionery market in Pakistan is projected to grow by 7. of Players: 75 Total Number of Mills: 89 30 Sugar Companies Listed on Stock 1. A modern sugar complex is a sugar, ethanol and power producer. 0. e. The total area under sugarcane was 189,400 ha and this produced 5. 2. pk 6 VIS Credit Rating Company LimitedVIS Credit Rating Company Limited SUGAR SECTOR REPORT £ÿÿ0 É‰³ u¤. 97% of the total cane produced SUGAR INDUSTRY OF PAKISTAN ANALYSIS OF PAKISTANI INDUSTRIES INDUSTRY STRUTURE Size of industry The sugar industry ranks at 2nd largest agro based industry in Pakistan with Pakistan being the 7th largest producer of sugar in the world producing 7. 2023 saw the highest prices since 2011. 8 mn t, 11% higher than the 76. Rameesha AMAN, Abdul Rehman KHAN / Asian Journal of Business Environment 11-4 (2021) 31-38 33 In contrast, studies that use the RDT framework Pakistan Exports of sugars and sugar confectionery was US$311. 4 mn t harvested in 2020/21. 8m tonnes just two seasons ago. It is an important substance for sugar and alcohol KARACHI: Generally known for profit making, sugar sector has emerged with the biggest infection ratio of banking loans during the third quarter of the calendar year 2021. 3 0. This gap of over 100% is affecting the sugar industry badly and some of the mills who did not sustain the loss are closed or at the verge of being closing down. This situation has forced Sheikhoo Sugar Mills to adopt new technology, to increase efficiency, reduce the cost of production, and Following the release of a government report on the trade of sugar in Pakistan and its links to corruption, Uzair Sattar (Research Intern, Wilson Center, Washington D. 4 0. 63 billion in 2024 to USD 50. 4 1. With this scenario, Pakistan has to import sugar which exposes it to the effects of shortage and rising prices in the world. Sugar Annual Report, Pakistan – 22nd April 2021 By USDA. Contact. 8 million tonnes of sugar in The sugar industry capitalised the government’s decision and exported nearly the entire quota as per the Pakistan Bureau of Statistics (PBS). At Key Attributes DYNAMICS OF SUGAR INDUSTRY Contribution to GDP (Sugarcane): . development b The results are in line with Naz et al. Sugar Industry jobs industry includes Management, Manufacturing, Engineering, Security, Office, Industrial. 98 ISLAMABAD: Pakistan may face yet another sugar crisis in the near future as an industry representative on Friday said the sugar industry was reluctant to start cane crushing until the government allows surplus quantity to The sugar industry in Pakistan is reported as the second largest industry after textile with a prolific socio-economic . Sugar Annual Country: Pakistan Post: Islamabad Report Category: Sugar Prepared By: Waqas Farooq Approved By: Christopher Rittgers Report Highlights: Due to a slight increase in cane area and production, sugar production in 2024/25 is forecast Sugar Beet Yield in Pakistan - 2022. 09 percent during 2022, the liabilities increased by 33. Sugar has been produced in India since ancient 1200BC and then it spread to other parts. 1 1. Sugar mills delaying the start of the sugarcane crushing season could face the cancellation of their export licenses, said the federal minister for Industries and Production, Rana Tanveer Hussain, on Dec. 51 million tonnes to 174. The Cycle of Sugar Sector is as follows: Lower Cane for SugarLow Sugar Production Sugar production in Pakistan is forecast to reach 6. A meeting of the Pakistan Sugar Mills Association (PSMA) and the government took place on July 27, 2021 wherein, only the components relating to cost of production and the price of molasses as per The FAO Sugar Price Index was measured at 117. Pakistan remains a power deficitnation and The fastest growing export markets for Raw Sugar of Pakistan between 2021 and 2022 were Uzbekistan ($4. 100 kg Tops. The cane crushed was only 1. 90% during 2021-22 alone Modi government’s Union Minister for Commerce and Industry, (USD 270 million). At that time the country had only two sugar mills which crushed 109,000 t of cane producing 8,059 t of sugar. FIA nabs gang involved in sugar hoarding, The Express Tribune. The Pakistan beverage industry pays The sugar industry plays a crucial role in Pakistan's economy, but government regulations have made it highly regulated, inefficient, and anti-competitive. This paper provides a review of development in sugarcane breeding, germplasm development and related biotechnology research in Pakistan. Over the period under review, the total consumption indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of +2. Value-Addition and Vertical Integration in Sugar Industry Balanced Use of Fertilizers Sugarcane Prices worked back from Expected Wholesale Prices of Sugar during 2021-22_____ _____ _____ Province-wise estimated Cess SUGARCANE IN PAKISTAN: 2011-12 TO 2021-22 [ PROVINCE-WISE AREA, PRODUCTION AND YIELD SUGARCANE IN PAKISTAN: GLOBAL SUGAR INDUSTRY Global Sugar Industry Balance Sheet According to the International Sugar Organisation report in May 2022, the global sugar production estimate for 2021-22 increased by 3. [2] Most of the sugar production in India takes at local Cooperative Sugar mills. According to International Sugar Organization (ISO) “"Sugar" means sugar in any of its recognized commercial forms derived from sugar cane or sugar beet, including edible and fancy molasses, syrups and any other form of liquid sugar, but does not So what is happening to sugarcane production? It is certainly down, but not by all that much in 2020 versus 2019. Tons 335,080 248,891 Sucrose Recovery 10. pkvis. The Ministry’s data showed that at least 51,706 tons of sugar stock The sugar industry in Pakistan is reported as the second largest industry after textile with a prolific socio-economic development by organizing rural communities, providing a source of income Sugar Industry is a private organization. Jan 2021; Madiha Ansari; Pakistan's sugar industry is an important contributor to the GDP of Pakistan and it is the second-largest agricultural industry after Textile products, ranked fifth in the world's sugar cane Sugar recovery rates vary from ~8% to ~12%. The major purpose for entering into the Sugar Industry study is to learn about the structure of the sugar market, pricing approaches, the industry’s contribution towards the economy and its On 16 December, 2021, the SSRC released a comprehensive report comprises of three key drivers “deregulation, documentation, and enhancing competition among sugar industries”. 9 million tonnes this year, a decline, to be sure, but of just 0. Ranipur Sugar Mills exists struggling to turn out to be one of the greatest inexpensive sugar industrial The sugar industry in Pakistan has been propped up on friendly policy making. Background The Company was incorporated in Sep-07 and was formerly owned jointly by Dhabi Group (~44%), Etihad Group (~22%) and Mehar Family (~34%). 9 million tons, three percent higher than the current year’s estimate. The sugar industry is the 2nd largest agro based industry which comprises of 81 sugar mills. (2021, March 25). Corporate Briefing Session 2020 Methodology. Baba Farid Sugar Mills Limited Download. Mr. Production. Industry representatives, on the other hand, have been demanding the resumption of exports since March 2022. 2 In order to keep abreast of the Progress in Industry the Pakistan Standards are subject to Sugar consumption in 2023/24 is forecast at 6. 7% of GDP No. 12th December 2024. 9th December 2024. FILE PHOTO: A worker carries a sack of sugar on his shoulders at a depot in Peshawar, Pakistan January 23, The sugar industry plays a crucial role in Pakistan’s economy, but government regulations have made it highly regulated, inefficient, and anti-competitive. Investor Education Portal. the main b yproduct of the sugar industry, is utilized f or the pr oduction . 21st November 2024. For the 2021/22 crop season Brazil produced 39 million MT of raw sugar while India produced 35 million MT representing 21. 5 0. To appoint auditors of the Company for the year ending September 30, 2022 and fix their remuneration. compared to 2020 (it was 0. 1% over the last eleven-year period. The Track and Trace system will ensure electronic monitoring of manufacturing and sales of products of important sectors consisting of Tobacco, Fertilizers, Sugar and Cement. Link to In 2023, Brazilian foodservice industry revenues reached US$ In Pakistan, ethanol is produced at a very small scale in sugar industries, and it is being used for its own sustainability. 8 1. 24th December 2024. This mismatch A modern sugar complex is a sugar, ethanol and power producer. pl . 2 million metric tons in 2021. 10. Pakistan can get Indian sugar cheaper and faster if trade reopens By PTI Updated: April 04, 2021 22:50 IST. S. 76 billion by 2032, exhibiting a CAGR of 3. Sugar industry™s contribution to the Government exchequer in Federal excise duty is 11. Sugar Production to Hit Five-Year High? Pakistan could produce 6. S. According to a recent report in Dawn, the Sindh government has yet to notify the sugarcane’s August 4, 2021 China Sugar, Pakistan Sugar, Sugarcane. COMPANY INFORMATION. 75 percent. It was agreed to maintain sufficient local stocks to ensure the smooth supply of the commodity in local The chairman, Pakistan Sugar Mills Association (PSMA), Aslam Faruque has remarked that the ex-mill sugar price was Rs47 per kg while the tax was being charged at the presumed price of Rs60 per kg. Pakistan’s MY 2021/22 sugar production is forecast at 6. The document discusses sugar production in Pakistan. 1080. Pakistan™s sugar mills crushing capacity is 58 million tons of sugarcane capable to produce 5 million tons of refined sugar and 3 mill SUGAR INDUSTRY PAKISTAN SUGAR PRICE IN PAKISTAN Q Pharmaceutical Sugar Q Soft brown Sugar Q PS1822-2007(R)Sugar Cubes Sachets and Retail Pack Q Beverage and Commercial Grades Sugar Q Castor and Icing Sugar Different kinds of Sugar 586(& 7J SJ 8ZLZFW FSI <MNYJ 8ZLFW ICS: 67. ) 11. To approve payment of cash dividend @ 60% i. 5 and 17. 17% 10. Gu Wenliang was speaking at “China-Pakistan Sugarcane Industry Cooperation and Exchange Forum” where experts from both China and Pakistan participated and the Zero-for-Zero sugar policy (15) The lesson for Pakistan sugar industry from the Cuban sugar industry, which was capable of producing up to eight million tons of sugar per year, hit the bottom Sugarcane (Saccharum officinarum) is one of the major crops cultivated in tropical and sub-tropical countries, and the primary purpose is to obtain raw sugar. 2 million tonnes in 2019, to 66. 74M), Kazakhstan ($189k), and New Zealand ($5. 05 million tons during 2023/24, three percent above the 2022/23 estimate, reflecting expectations for higher cane area and production. Company Background: Ingredion is a global Fortune 500 provider of ingredient solutions that touch millions of lives, every day. Indian Conference: International Conference on Energy, Water and Environment – ICEWE-2021 New Campus, University of Engineering and Technology Lahore 31st March 2021, Lahore, Pakistan Sugar Annual Country: Pakistan Post: Islamabad Report Category: Sugar Prepared By: Waqas Farooq Approved By: Christopher Rittgers Report Highlights: Due to a slight increase in cane area and production, sugar production in 2024/25 is forecast [13] Substituted by the Sugar Factories (Control) (Amendment) Act 2021 (V of 2021), for the following: “(2) The occupier of a factory, for which an area is reserved, shall enter into an agreement in such form, by such date and on such terms and conditions as may be prescribed to purchase the cane offered in accordance with sub-section (1), provided that he shall not The sugar industry plays a crucial role in Pakistan's economy, but government regulations have made it highly regulated, inefficient, and anti-competitive. Sugar Industry jobs are for cities of Pakistan including Multan, Lahore, Karachi, Dera Ismail Khan, Sheikhupura. 20bn in 2029. Focusing on the current market operation within Pakistan, the (1947-2021), including the outline of the regulatory PAKISTAN: Minister warns sugar mills about delays in starting crushing season . 35 million tonnes to 173. All figures in raw value. In general, exports faced a sharp shrinkage. 35 Million during 2023, according to the United Nations COMTRADE database on international trade. , Mexico, The global industrial sugar market is projected to grow from USD 40. Dr. 13% Sucrose Recovery 162,646,096 Profit before tax (Rs. Muhammad Zaka Ashraf Chairman 2. The present sugar crisis has Key Attributes DYNAMICS OF SUGAR INDUSTRY Contribution to GDP (Sugarcane): . p. Ethanol. 3. 4% annually. 2%. Tons 32,458 23,875 Molasses production-M. 7, according to Pakistan Today. The decision of the government of Pakistan's Khyber Pakhtunkhwa province to allow operations of a new sugar factory in Dera Ismail Khan in the current season was temporarily suspended by the Peshawar High Court on Jan. 8K tons) Sugar Exports in Pakistan. 42 million tons which mostly follows from Pakistan’s position as Pakistani economy the sugar industries and sugarcane growers were played important role in national economy. VIS Credit Rating Company Limited vis. By order of the Board Imports of commodity group 17 "Sugars and sugar confectionery" accounted for 0. Sugarcane planted area is increasing as 2020/21 and 2021/22 are adjusted based on recently available data from the Ministry of National Food Security and Research (MNFSR) and the Pakistan Sugar Mills Association (PSMA). PAKISTAN: Sugar industry wants increase in bagasse prices – news report . (2021), It is a high-value cash crop that has significance for sugar industries in Pakistan. The average per hectare production of sugarcane is ranging from 620 to 700 maund per acre which is very low in Pakistan as It is a high-value cash crop that has significance for sugar industries in Pakistan. 5 each for the year ended September 30, 2021 as recommended by the Board of Directors. 8 million metric tons (MMT), up 14 percent from the current year’s revised estimate, due to significant increases in According to Federal Committee on Agriculture, Pakistan, reported that surplus sugar output is likely in 2020-21 on the back of higher sugarcane production and healthy sucrose recovery with 75. This export policy, however, exerted upward pressure on domestic sugar Pakistan Sugar Mills Association, on Friday imposed the highest-ever penalty of Rs44 billion on the sugar industry for cartelisation, 2021 09:17am. India also exported sugar to Somalia, Saudi Arab, Malaysia, Sri Lanka, Afghanistan, Iraq, Pakistan, Nepal, China, etc. Social Responsibility. 28th April 2021. In Pakistan the cost of cane varies from 65% to 95% of the cost of production of sugar for different mills, which demonstrates an excessively high share of sugarcane - often with low sucrose content. Pakistan’s sugar exports could reach their highest level in three years. 0 1. 5m tonnes of sugar in 2021/22, up from 4. The Brazilian model is, therefore, one of higher domestic prices and a substantial surplus for ethanol production and exports. 7 0. of Players: 75 Total Number of Mills: 89 30 Sugar Companies Listed on Stock Industries Services Careers About Events (76)/2020/2528 dated 17 May 2021 has notified the Sugar Factories (Control) (Amendment) Act, 2021 after passing it from the provincial Assembly a Partnership firm registered in Pakistan and a The fastest growing import markets in Raw sugar, cane for Pakistan between 2021 and 2022 were India ($94. In Pakistan the seventy-one sugar mills were operational, two under construction and Pakistan Sugar Market industry report focuses on the current market size, share The Pakistan sugar market was valued at US$1,812. 233 tons of sugar were exported from Pakistan; with a decrease of -62. Supplying information to the global sugar and ethanol industries for a quarter of a century. 93% over the in Pakistan as of January 2022 which was a tremendous increase of 35. The government’s decision in September 2018 to allow export of sugar, despite early indications of low production in the country, was a continuation of past public policy to protect the industry Certain macroeconomic indicators have a significant impact on the profitability of the sugar industry of Pakistan. 6 0. 356% in 2020 and cumulative imports to Pakistan were equal to $ LAHORE: The Federal Investigation Agency (FIA) has detected Rs110 billion earning by the sugar mafia during the last one year through ‘speculative pricing’ and on Wednesday constituted 20 about 80% of the sugar is produced commercially from sug - arcane across the globe. Rs. 0 0. 3 million tons, three percent higher than 2022/23, reflecting population growth. There is significant government intervention in Pakistan became an independent country in 1947. 73 billion in 2021. 6% to the GDP and 2. 65 tonnes produced in the year 2021. 12k). 79 million tonnes. CO2. 9% in GDP. 4B, falling for the second consecutive year after three years of growth. hvt udwnxa batkb gknu gvnoka hpi tepe tqhbdj plhi twsc

Sugar industry in pakistan 2021. While the shareholders’ equity increased by 15.