Tridge summary
By May 1, 2025, Ukraine had exported 494 thousand tons of sugar in the 2024-2025 marketing year, with 90% reaching the global market and 10% going to the EU. Major importers included Turkey, Libya, and the EU. The Ukrainian sugar industry is considered strategically important, prompting suggestions for diversification into agro-processing. However, the EU's intention to cut back on Ukrainian sugar imports due to pricing issues may lead to trade tensions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
As of May 1, 2025, Ukraine exported 494 thousand tons of sugar since the beginning of the 2024-2025 marketing year. This was reported by the Ukrsugar association. For the period January-April 2025, sugar exports amounted to 196.6 thousand tons. The main sales direction was the world market, which absorbed 90% of the volumes. The share of exports to EU countries is 10%. Turkey became the largest importer of Ukrainian sugar - 16% of the total volume. Libya was in second place (11%), and the European Union was in third place (10%). Minister of Agrarian Policy Vitaly Koval emphasized the strategic importance of the sugar industry for the economy of Ukraine, noting its potential in the production of value-added products. He called on sugar producers to more actively develop areas of agro-processing - biogas, bioethanol, biomethane, as well as livestock farming as a related industry. In the first six months of the 2024/25 marketing year, from September 2024 to February 2025, Ukraine ...
Source: Agropolit
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