Sugar in Ukraine is more expensive than in Europe, the reasons given

The price of sugar in Ukraine is 10-20% higher than European prices. Svetlana Lytvyn, an analyst of the Ukrainian Agricultural Business Club Association, said this in a commentary to Ukrainian News. “This year, indeed, in some European countries, sugar prices are lower than in Ukraine, but not in all. If we take countries where prices are traditionally lower in the European Union (Poland, Hungary), then sugar on supermarket shelves is 10-20% lower than in Ukraine, ”she said. According to Lytvyn, the main reason for the higher cost of sugar in Ukraine is the shortage that arose on the sugar market this year due to a 34% reduction in the production of this product due to poor yield and low sugar content of sugar beet. In addition, according to her, the taxation ...