In 2020, sugar exports from Ukraine fell by more than 86 thousand tons

Published Jan 25, 2021

Tridge summary

Ukraine's sugar exports saw a significant decrease in both the previous year and the start of the 2020/2021 marketing year. The country exported 150.6 thousand tons of beet sugar from January-December 2020, a decrease of 2 thousand tons from the previous year, and only 68.8 thousand tons from the start of the 2020/2021 marketing year. The largest recipients of these exports were Turkey, Uzbekistan, and Armenia. Interestingly, Ukraine also imported sugar during the same period. Additionally, the article mentions the country's imports and exports of other types of sugars and molasses.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sugar exports from Ukraine continue to decline rapidly. According to the Scientific and Practical Center for Sugar Beet Production with reference to the State Customs Service of Ukraine, in January-December 2020, sugar exports under the code TNZED 1701 (beet sugar) amounted to 150.6 thousand tons worth $ 59.35 million. 2 thousand tons less than the previous year - in January-December 2019, 236.8 thousand tons of product were exported. At the same time, from the beginning of the 2020/2021 marketing year, exports amounted to 68.8 thousand tons. Separately for December 2020, sugar exports amounted to 10.52 thousand tons worth $ 4.2 million (in December 2019 - 6.9 thousand tons). The largest volumes of sugar in monetary terms from Ukraine were sent to Turkey (15.46%), Uzbekistan (12.46%) and Armenia (7.56%). Read: Turkey cancels the results of the tender for wheat due to high prices Interestingly, at the same time Ukraine has imports of sugar - during January-December 2020 it amounted ...

Source: Landlord