Maputo, Mozambique, 31 May – Mozambique’s sugar exports brought in revenues of US$58.3 million in 2009, 10 percent less than in 2008, indicate figures from the 2009 Economic and Social Plan of the Agriculture Promotion Centre (Cepagri).
Cited by the Maputo newspaper Noticias, that report explains that the drop in exterior sales was due to lower sugar production in Mozambique, where only 122,000 tonnes of brown sugar was exported, versus the initially forecasted 200,000 tonnes.
Note that for the first time since Mozambique resumed its position as a net exporter, sugar was not exported to the free international market. All sugar was exported to the European Union’s preferential markets under the Everything But Arms (EBA) Initiative and complementary quotas.
The year 2009 was marked by the entrance into force in the European Union of a new sugar system implying elimination of the ACP/EU (Africa, Caribbean, Pacific/European Union) Sugar Protocol.
Under the EBA Initiative, the European Union grants less developed countries the right to export unlimited amounts of sugar to that market duty-free.
According to the 2009 Economic and Social Plan, 14,000 tonnes of sugar remain to be exported to the United States, an amount corresponding to the quota for financial year 2009/10 which ends in October 2010. (macauhub)