Sugar exports from Ukraine are limited by a ban on supplies to the EU

In Ukraine, the harvest of sugar beets is coming to an end, with 12.1 million tons harvested from 253.4 thousand hectares or 98% of the area, with an average yield of 47.7 tons/hectare. Sugar refineries accepted 9 million tons of sugar beets for processing, from which they obtained 1.165 million tons of sugar, which practically corresponds to last year's figures. It is expected that in 2024 Ukraine will export the largest volume of sugar since 2000 - over 700 thousand tons, while in January-November 622 thousand tons of sugar were shipped for $ 356 million. According to the State Customs Committee, after a decrease in June-September, sugar exports increased to 74 thousand tons in October, and in November amounted to 72 thousand tons. Until June 202, Ukraine actively supplied sugar to the EU market, but in early June, at the request of the Ukrsugar association, the government introduced export licensing, and the EU applied the “emergency braking” regime for Ukrainian sugar ...