Ukraine season results in sugar exports fell by 30%

Published 2021년 9월 22일

Tridge summary

The article provides an analysis of Ukraine's sugar and molasses trade performance for the period from January to August 2021, as reported by the State Service and the Scientific and Practical Center for Sugar Beet Production. It highlights a significant decrease in sugar exports by 31% compared to the previous season, with the total export volume being 2,225 tons and valued at $1.264 million. The primary destinations for these exports were Israel, Germany, and Moldova, while the main countries exporting sugar to Ukraine were Brazil, Poland, and Belgium. Additionally, the period saw a decline in molasses exports and an increase in imports, with Israel being the main importer.

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Original content

Exports of sugar (HS code 1 701) for January-August 2021 amounted to 2.225 thousand tons (in January-August 2020 - 81.8 thousand tons) in the amount of $ 1.264 million. This was reported by the Scientific and Practical Center for Sugar Beet Production with reference to the State Service. As noted, at the beginning of 2020/21 MY sugar exports amounted to more than 71 thousand tons, which is 31% less than the previous season (103.7 thousand tons). The largest importers of Ukrainian sugar from all exports (in monetary terms) in January-August 2021 were: Israel (40.95%), Germany (28.93%), Moldova (15.97%). Imports of sugar (TN FEA 1701) in January-August 2021 amounted to 163.2 thousand tons. The largest exporters of sugar to Ukraine from all imports (in monetary terms) in January-August 2021 were: Brazil (73.30) %), Poland (17.26%), Belgium (2.76%). Imports of ...

Source: Agroconf