Tourists crowd the Old Town area on the resort island of Phuket. An increase in foreign tourist arrivals is expected to drive beverage sales, boosting demand for sugar. (Photo: Achadtaya Chuenniran)
The hot season and recovery of the tourism sector are increasing demand for sugar as people buy more food and beverages.
Thai sugar consumption in 2023 is expected to grow as the country welcomes more foreign tourist arrivals, possibly reaching 25-30 million, said Boontin Kotesiri, adviser to the state-run Thai Cane and Sugar Corporation (TCSC).
The number of foreign visitors has continued to increase since the full reopening of the country in July last year as Covid-19 infections eased.
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