Ukraine forecasts 1.55 million tons of sugar production in 2024/25

Published 2024년 9월 5일

Tridge summary

Ukraine's sugar production for the 2024/25 season is expected to reach 1.55 million tons, surpassing the domestic demand of 0.95 million tons. Acting Minister of Agrarian Policy and Food, Taras Vysotskyi, stated that 33 sugar factories are ready to process at least 11.5 million tons of sugar beets by the end of the year. Additionally, the transitional sugar stock at the start of the new season in September 2024 is projected to be 416,000 tons, marking a 30% increase from the previous season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The total production of sugar in Ukraine in the 2024/25 season will be about 1.55 million tons. Taras Vysotskyi, Acting Minister of Agrarian Policy and Food of Ukraine, announced this forecast. According to him, taking into account the transitional balances, the volume of sugar supply in Ukraine will more than double the needs of the domestic market, which are estimated at 0.95 million tons. T. Vysotsky also added that as of the beginning of August, 33 sugar factories in Ukraine were technically prepared for the work of the current season. "We hope that nothing will interfere with their work. Traditionally, in the first half of the season, sugar factories process the main part of the crop. We expect at least 11.5 million tons of sugar beets to be processed by the end of ...
Source: Agravery

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