Ukraine season results, sugar exports fell by 30%

Published 2021년 9월 21일

Tridge summary

From January to August 2021, Ukraine experienced a significant shift in its sugar trade dynamics. Exports during this period saw a dramatic decrease of 31% compared to the previous season, totaling 2.225 thousand tons worth $1.264 million, with Israel, Germany, and Moldova being the primary importers. On the other hand, sugar imports surged to 163.2 thousand tons, marking a 2.6 times increase compared to the previous period, with Israel, Germany, and Belgium as the top suppliers. Additionally, the country also imported and exported other sugars in substantial amounts, and the trade of molasses saw Ukraine exporting 716 tons to Israel and importing 3.79 thousand tons from various countries.

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

Original content

The export of sugar (TN VED code 1701) for January-August 2021 is 2.225 thousand tons (in January-August 2020 - 81.8 thousand tons) in the amount of $ 1.264 million. This is reported by the Scientific and Practical Center for Sugar Beet Production with reference to the data of the State Customs Service. As noted, since the beginning of 2020/21 MY, sugar exports amounted to more than 71 thousand tons, which is 31% less than in the previous season (103.7 thousand tons). The largest importing countries of Ukrainian sugar from all exports (in monetary terms) in January-August 2021 were Israel (40.95%), Germany (28.93%), Moldova (15.97%). Sugar import (TN VED 1701) in January-August 2021 amounted to 163.2 thousand tons. The largest sugar-exporting countries in Ukraine from all imports (in monetary terms) in January-August 2021 were: Brazil (73, 30%), Poland ...

Source: AgroPortal.ua