Country Highlights

Fiji & Its Sugar Industry

Fiji Sugar Industry displays that sugar has long played an important role in Fiji’s economy and communities. According to recent statistics, the industry contributes approximately 2.2% to national output while supporting over 200,000 livelihoods across the nation. Sugar production and processing also accounts for around 22% of Fiji’s total GDP.

Fiji is renowned globally for its high-quality sugarcane, with the United States being a major export market. The country receives premium prices of 25-30% above the average world sugar price for its exports to America. This is a testament to Fijian farmers’ expertise and the industry’s reputation for quality standards. Sugar production was a major economic driver for Fiji, with exports to the UK and EU being significant revenue sources. However, challenges like declining crop production and international market changes have impacted the industry’s profitability.

The FSC, a government-owned entity, is the largest sugar milling company in Fiji, operating four sugar mills across the country. It employs thousands of individuals and plays a crucial role in supporting rural livelihoods. The sugar industry in Fiji faces sustainability challenges, including high production costs compared to global peers and changes in international sugar markets. Efforts are needed to address these issues and ensure the industry’s viability.

As a strategic consulting firm, Ruskin Felix Consulting (RFC) can work extensively with Fiji Sugar Corporation and local growers’ associations. RFC consultants can provide guidance on areas like sustainable production techniques, market diversification strategies, and community development programs.

RFC can also assist with initiatives to strengthen domestic value-addition. This includes a sugarcane biorefinery project currently in the feasibility stage. Once operational, it would produce renewable energy and high-value co-products from bagasse in addition to sugar.

Looking ahead, RFC remains dedicated to supporting the long-term viability of this socioeconomically vital industry. Upcoming areas of focus include climate adaptation, workforce planning, and opportunities within the growing bioeconomy sector regionally and globally. With RFC’s guidance, Fiji’s sugar industry is well positioned for continued success.

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Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

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Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

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