Post forecasts sugar cane production in Eswatini will increase by 1.5 percent to 5.6 million MT in MY 2023/24, based on increased available irrigation water, expanded planted area, and a return to trend yields. Post forecasts sugar production will increase by 4 percent, to 652,057 MT in MY 2023/24, based on an expected rebound in the volume of sugar cane deliveries to mills and improvement in the recovery rate. Post expects Eswatini will fully utilize its allocated U.S. tariff rate quota in MYs 2023/24 and 2022/23.

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