Ukraine exported 6 times less sugar

Published 2022년 1월 17일

Tridge summary

Ukraine's sugar exports in 2021 were nearly six times less than the previous year, totaling 25.5 thousand tons with a value of $13.77 million. The largest importers of Ukrainian sugar were Israel, Armenia, and Azerbaijan. On the other hand, sugar imports into Ukraine were significantly higher, with Brazil as the largest supplier. Other sugars and molasses also saw trade activity, with Hungary, Lithuania, and Poland being the main importers of molasses from Ukraine.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of sugar (HS code 1 701) for January-December 2021 amounted to 25.5 thousand tons, which is almost 6 times less than a year earlier (150.6 thousand tons). In monetary terms, exports amounted to $ 13.77 million. This was reported by the Scientific Research Center of Sugar Beet Production with reference to the data of the State Customs Service of Ukraine. As noted, since the beginning of the 2021/22 MY, the supply of sugar to foreign markets amounted to 23.3 thousand tons (in 2020/21 MY - 68.8 thousand tons). "The largest countries-importers of Ukrainian sugar (in monetary terms) in January-December 2021 were: Israel (18.68%), Armenia (18.58%), Azerbaijan (13.96%)," experts said. Imports of sugar (TN FEA 1701) for January-December 2021 amounted to 163.7 thousand tons (December - 128 tons). The largest suppliers of sugar to Ukraine (in monetary terms) during the reporting period were: Brazil (72.84%), Poland (17.15%), Belgium (2.74%). Imports of other sugars last year (HS ...

Source: AllRetail.ua