The sugar-making season in Ukraine is in full swing, in 2021 farmers harvested 30% more sugar beets than in the previous year, and produced almost 3 million tons more sugar. And prices continue to rise. This was reported by Ukrinform, writes agronews.ua.
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How has the drought on the other side of the world affected the value of Ukrainian sugar? Has this price been affected by price fluctuations in the gas market? But why not expect lower prices for sweet products? Let's think about what to expect from the sugar market in 2022, and what it will be like - a "sweet life" during the crisis. Status quo-2021: sugar on the market - with a surplus, and prices have not fallen According to the State Statistics Service, in January-October 2021, sugar prices in Ukraine increased by 65.6%. In general, during the year its value increased from UAH 13.1 to UAH 27.5 per kilogram. And market experts warn: in 2022 we should expect a rise in price of sweet sand by at least another 20%. This is according to the most optimistic forecasts. After all, despite a rather successful season for sugar production, a sober analysis of the market situation does not give hope not only to reduce the cost of production for the final consumer, but also to quickly ...
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