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Guyana produced raw sugar at US$1 per pound above average world price in 2025 – Mustapha
(Kaieteur News) – Guyana produced raw sugar at almost US$1 per pound above the average world price in 2025, Minister of Agriculture Zulfikar Mustafa has said.
The minister made the revelation during last week’s sitting of the National Assembly. He shared that inclusive of labour and maintenance costs, each pound of sugar produced cost US$1.09.
The Minister was asked by the Shadow Minister of Agriculture and Member of Parliament (MP) for A Partnership for National Unity (APNU) Vinceroy Jordan to provide written responses to several questions.
Jordan asked the minister to provide the production cost for sugar made with in the first crop of 2025, including maintenance and labour costs, as well as the total production of sugar for the same period at the Blairmont, Albion, Rose Hall and Uitvlugt Estates.
Minister of Agriculture, Zulfikar Mustapha.
In his response the minister said that, “Production per pound for the first crop 2025 was US$1.09.” He also provided a breakdown of the amount of sugar per tonne produced at the above-mentioned estates.
He said that the Albion and Rose Hall Estates in Region Six produced 5579 and 3577 tonnes respectively while the Blairmont Estate in Region Five produced 2790 tonnes. The Uitvlugt Estate in Region Three produced 4,007 tonnes of sugar bringing the total to 15,954 tonnes produced for the first crop.
According to agrideriaindustrialllc.com and czapp.com in 2024-2025 Brazil, Thailand, EU+U.K, and China were responsible for 60% of the world’s total sugar production. Brazil was producing raw sugar at US $335 per tonne, which translates to 15.2 cents per pound.
“On as USD basis it looks like a 2% cost in production, however it is a consequence of the BRL weakening 13% from one season to the next. But overall, costs in BRL saw an increase with inflation, higher diesel prices as well as lower ag, yield in 2024/25 that affected average costs,” an article ‘Sugar cost of production across the world’ published by czapp.com stated.
The article noted that India was producing sugar for US$420 per tonne, which translates to 19 cents per lb for raw sugar. However, the price for sugar has been steadily on the rise in Indian Rupees and as a result of this the government has set, “Fair and Remunerative Price (FRP) that mills must pay farmers. The government increases the FRP each year, and a 4.5% increase has been announced for 2025/26. This follows the 8% increase we saw in 2024/25,” the said article said.
More competitive industries like the United Kingdom, France, Germany and Poland are able to produce sugar at US$ 750-850 per tonne, this translates to around US$ 34 cents per pound.
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