Sugar exports from Ukraine in 2012

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Posted on: 5 May 2012

Sugar exports from Ukraine in 2012

The volume of sugar exports from Ukraine in March exceeded the volumes exported during the first six months of the current marketing year.

March 2012 became the most successful month for the export performance in the history of sugar beet industry in Ukraine. During March 2012 it was exported 16.42 tonnes of sugar, which is 50% more than in September-February 2011/12 marketing year (MY). In general, in the current marketing year, Ukraine exported 27.7 thousand tons of sugar.

The industry, despite the surplus year, continues to evolve, and the major players are looking for all possible ways to continue to improve the efficiency of the sugar business and to prevent stagnation of the industry. On the other hand, the increase in sugar exports also indicates that the sugar producers is difficult to find a market at affordable prices in the domestic market, which makes contact to seek export markets.

The main consumers of Ukrainian sugar for today are: Kazakhstan, Lebanon, Kyrgyzstan, the Syrian Arab Republic, Turkmenistan, Croatia, Slovakia, Georgia and others

At the beginning of 2012/13 MG in the absence of imports of raw sugar transient stocks of sugar will be about 550 thousand tons, taking into account the volume of sugar purchased by the Agrarian Fund. Production of sugar in the crop area of about 500 hectares and average yield of 2 million tons.

Copyright. Marketplace UkrRos LLC

Posted: 05 May 2012

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