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Ukraine rapidly increased its sugar exports

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The main countries that import Ukrainian sugar to the EU are Italy, whose share in the export of Ukrainian sugar to the EU is 19%, Bulgaria (18%), Romania and Hungary (14% each).

At the end of the 23/24 marketing year (September 2023-August 2024), Ukraine exported 691.8 thousand tons of sugar, of which 77% were sent to EU countries, 23% to the world market. This was reported by the National Association of Sugar Farmers of Ukraine Ukrsakhar.

This is reported to be about 60% more than in the past, when Ukraine had a temporary ban on sugar exports.

The main countries that import Ukrainian sugar to the EU are Italy, whose share in the export of Ukrainian sugar to the EU is 19%, Bulgaria (18%), Romania and Hungary (14% each).

The main export destinations outside the EU are Cameroon (17% of World Market exports), Libya (15%) and Turkey (11%).

We remind you that from July 2, the European Union introduced protective duties on eggs and sugar from Ukraine due to excessive import volumes.

It was earlier reported that the peak export volumes of wheat and mixed wheat and rye were agreed at a level of 16.2 million tonnes in 2024/2025 MY. The Ministry of Agrarian Policy and grain market participants signed an annex to the grain export memorandum.


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Source: korrespondent

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