Ukrainian sugar producers are looking for new sales markets

In less than 5 months, Ukrainian sugar producers have already exhausted the annual quota for sugar deliveries to the EU. Ukrtsukor proposes to stop exports to the EU until 2025, and the government is introducing a zero quota for sugar exports to Europe from June 1, although other markets are open for exports. This is reported by GrainTrade analysts. It is noted that the export potential, however, is approximately 1 million tons, so it is necessary to look for new buyers, especially since farmers have significantly increased the area of sugar beet sowing. In the current year, Ukraine delivered 283,000 tons of sugar to the EU against a quota of 262,000 tons. As a result of exceeding the quota, the National Association of Sugar Growers of Ukraine called on the Cabinet of Ministers to set a zero quota for 2024 so that the country fulfills its obligations under the trade agreement with the EU . "Ukraine did not enter the European sugar market very well - the uncoordinated work of ...