Ukraine increased sugar export volumes by 17%

 

https://thenosugarcompany.ca/

In the first 5 months of 2024/25 marketing year (September 2024 - January 2025), Ukraine exported over 352 thousand tonnes of sugar, or 17% more than in the same period of 2023/24 marketing year.

The entire exported volume was directed to the Global market, while in September 2023 - January 2024 the share of exports to the Global market was only 9.5%.

The significant increase in the share of the Global market in sugar exports is the result of successful efforts of Ukrainian sugar producers to find alternative sales markets due to the restrictions imposed on Ukrainian sugar by the EU.

The main export destinations of Ukrainian sugar in the first 5 months of the 2024/25 marketing year were:

  • Turkey (19% of total exports)
  • Libya
  • Somalia
  • Sri Lanka
  • North Macedonia.

From January 1, 2025, the possibility of exporting sugar from Ukraine to the EU countries has been restored. In the first 5 months of 2025, Ukrainians will be able to export 107.3 thousand tonnes of sugar to the EU.

In the 2024 production season, Ukrainian sugar producers produced 1.8 million tonnes of sugar. The volume of the domestic market in Ukraine is currently estimated at 900 thousand tonnes per year.


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