More than 70% of Ukrainian sugar exports are bought by Israel and Germany

Published 2021년 5월 16일

Tridge summary

Ukraine's sugar exports have significantly decreased by 25 times in the first four months of 2021 compared to the same period last year, totaling 2.18 thousand tons. The country's sugar exports for the 2020/21 marketing year reached 70.987 thousand tons, a 7.2% decrease from the previous season. The main destinations for Ukrainian sugar were Israel, Germany, and Moldova. On the other hand, sugar imports into Ukraine in the first four months of 2021 amounted to 40.1 thousand tons, with Poland being the largest supplier. Additionally, the report indicated a slight decrease in molasses exports and imports, primarily to and from Israel.

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

Original content

The export of sugar (TN VED code 1701) in January-April 2021 from Ukraine amounted to 2.18 thousand tons, which is 25 times lower than the figure for the same period last year (54.6 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. As noted, the supply of Ukrainian sugar to foreign markets since the beginning of 2020/21 MY amounted to 70.987 thousand tons, i.e. 7.2% lower than in the previous season (76.5 thousand tons). The largest importing countries of Ukrainian sugar from all exports (in monetary terms) in January-April 2021 were Israel (43.26%), Germany (30.63%), Moldova (14.81%). "In April 2021, sugar exports amounted to 12 tons (worth $ 16 thousand), although in April 2020 there were 9.1 thousand tons," experts say. Sugar imports (TN VED 1701) in January-April 2021 amounted to 40.1 thousand tons. The largest sugar-supplying countries to Ukraine from total ...

Source: AgroPortal.ua