Ukraine has significantly increased its sugar exports during the year

Published 2024년 9월 23일

Tridge summary

Ukraine has seen a significant increase in sugar exports, exporting over 690,000 tons in the 2023-2024 marketing season, which is about 60% more than the previous year. The majority of these exports, approximately 77%, were sent to EU countries, with Italy being the main recipient. Other significant export destinations included Cameroon, Libya, and Turkey. Despite the increased exports, Ukrainian sugar prices have seen a decrease due to export difficulties.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The export of sugar from Ukraine exceeded 690,000 tons for the year. This was reported by the national association of sugar producers of Ukraine "Ukrtsukor". Ukraine exported almost 692,000 tons of sugar in the 2023-2024 marketing season, which ended on August 31. It is reported that this is about 60% more than last year, when Ukraine had a temporary ban on sugar exports. 77% of Ukrainian sugar exports went to EU countries, primarily to Italy (19% of this volume), Bulgaria (18%) and Hungary and Romania (14% each). Outside the European Union, the main export destinations were Cameroon, Libya and Turkey. We will remind: On July 2, the EU activated the mechanism of protective tariffs for new names of Ukrainian goods - ...
Source: Epravda

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