The sugar market in Ukraine is stable, but with the opening of the European Union market in 2025, it opens up new prospects for Ukrainian producers, according to the analytical cooperative Pusk, created within the framework of the All-Ukrainian Agrarian Council.
The analysts reminded that since January 1, 2025, Ukrainian producers have gained access to the EU market thanks to new agreements on trade liberalization. This step has opened up the possibility for Ukraine to export large volumes of sugar to the European market without additional duties, which previously hindered the growth of supplies.
“The opening of the EU market is an important event for our industry. Currently, we are just starting to sign contracts for exports to Europe, but we expect a significant revival in this area in February-March. In January, we actively exported sugar to Turkey and African countries, but the European market is gradually becoming a priority,” the experts said.
According to them, the selling prices for sugar in Ukraine are 23-24.5 thousand UAH/t. This level is relatively stable, but seasonal factors and export expansion may lead to a gradual increase in prices in the near future.
“January-May is usually a period of seasonal growth in sugar prices. Probably, the current price level is one of the lowest, and the cost will continue to grow. The opening of the European market will also contribute to this dynamic,” experts predict.
In the coming months, the share of European supplies in the export structure will increase, which, in turn, will have a positive impact on the Ukrainian economy, Pusk summarized.
