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$147m raw sugar sales

Shayal Devi
Saturday, February 24, 2018

THE sale of raw sugar raked in about $147 million in foreign exchange earnings last year.

The Fiji Sugar Corporation (FSC) has confirmed that a total of 151,089 tonnes of sugar was shipped to the United Kingdom, the US, Spain and the Netherlands, among other countries.

FSC chief executive officer Graham Clark said a bulk of the exports had been taken up by the European market.

"In terms of export, it was the last year we supplied the European Union, so Europe took up most of our exports," he said.

"We also supplied the USA and we started to resupply the Pacific Islands market and then we increased our volumes in the local market.

"Going forward, that will change. Instead of supplying Europe, we will be supplying to China, Korea, Taiwan as well as the Pacific Islands and the local market, so that's the plan."

The end of the EU's preferential sugar quota in 2017 meant the sugar industry had to look for new markets. Mr Clark added that apart from the trade in raw sugar, FSC would continue to look for new markets for Fairtrade sugar.

"So Fairtrade, it's quite a small thing now, but we've got a new market in Austria which has just been secured now and then we are going to be looking for new markets in Asia as well.

"In fact, we are just launching a study now to go and try for new Fairtrade markets so we're hopeful."

Presently, there are as many as 11,635 active canegrowers in the country.

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