The current situation
European sugar refiners can only import raw cane sugar from preferential origins, mainly ACP and LDCs countries. As a result, European sugar refiners cannot access sufficient raw material at competitive prices, forcing them to reduce their workforce or even temporarily or permanently end operations.
The EU’s external tariff for imports of raw cane sugar is prohibitive, set high enough to prevent any additional imports from other sources.
This mismanagement of the sugar market threatens the survival of the sugar refining sector as a legitimate player in the European sugar market.