Tridge summary
In 2023, Ukraine recorded its third largest sugar exports in history, with the European Union as the primary buyer. The leading exporters were Radekhiv-Sugar, Ukrprominvest-Agro, and Astarta. There was a significant increase in the acreage of sugar beets, which is the most profitable crop for Ukrainian farmers. The projected sugar production for the year is between 1.7 to 1.8 million tons, with a consumption of 1 million tons, suggesting that sugar exports will likely continue to be robust in the upcoming months.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Last year's sugar export volume was the third in history The largest sugar export volumes in the history of Ukraine occurred in 2017-18, with almost 600,000 tons exported in each of them. tons of product. This makes sugar exports in 2023 the third largest in history. According to preliminary customs statistics, sugar exports from Ukraine in December 2023 amounted to 69,000. tons compared to 73 thousand tons in the previous month and 76 thousand tons in October (which was the highest value in a calendar month in recent years). The EU is the largest buyer of Ukrainian sugar The main direction of Ukrainian exports is the European Union market, while the main exporters are the largest sugar producers in Ukraine - Radekhiv-Sugar, Ukrprominvest-Agro and Astarta. Sugar beets are the most profitable crop in Ukraine In 2023, the acreage of sugar beets in Ukraine increased significantly to almost 250,000. ha (a year ago 184 thousand ha). In the first half of the current ...
Source: Gospodarz
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