Ukraine: Sugar exports jumped 1.5 times this season

Published 2021년 3월 13일

Tridge summary

The article highlights a significant decrease in Ukraine's sugar exports in the early months of the 2020/21 marketing year, with figures dropping tenfold to 2,060 tons compared to the same period last year. Despite this decline, the first half of the marketing year still saw substantial exports, totaling 70,870 tons, which marks a 1.5-fold increase from the previous year. The primary destinations for these exports included Israel, Germany, and Moldova, while Poland, France, and Lithuania were the main sources of imported sugar. Additionally, the report notes that beet sugar imports reached 6,200 tons, and over 8,200 tons of sugar were exported, with molasses exports and imports also being mentioned.

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Original content

The export of sugar in January-February 2021 amounted to 2.06 thousand tons, which is ten times lower than the indicator for the same period last year (25.9 thousand tons). This is reported by the Scientific and Practical Center for Sugar Beet Production with reference to the data of the State Customs Service of Ukraine. It is also noted that at the beginning of 2020/21 MY, sugar exports amounted to 70.87 thousand tons, which is 1.5 times higher than the same indicator for 2019/20 MY (47.8 thousand tons). It is specified that the value of sugar exports in the first two months of the year amounted to almost $ 1.1 million.The largest importers of Ukrainian sugar from all exports (in monetary terms) were Israel (47.47%), Germany (33.43%), Moldova (14 , 42%). Beet sugar imports in January-February 2021 amounted to 6.2 thousand tons (January - 876 tons, February - 5288 tons). The largest exporters of sugar to Ukraine from all imports ...

Source: AgroPortal.ua