Agro-industrial holding Astarta, Ukraine’s largest sugar producer, reduced its revenue from sales of key products by 14.6% in January-June 2025 compared to the same period in 2024: growth in milk sales did not offset the decline in sales across all other product groups.
According to data published by the holding company on the Warsaw Stock Exchange, in January-June 2025, the company sold a total of UAH 9.11 billion worth of its main products, compared to UAH 10.67 billion in the first half of 2024.
In particular, sugar sales in the first half of 2025 decreased by 29% in real terms compared to the same period in 2024, to 149,425 thousand tons, while the average selling price decreased by 5% to UAH 23,503 thousand (hereinafter per ton).
Astarta’s wheat sales in the first half of the year decreased by 92% to 80.33 thousand tons, while the average price increased by 4% to 8.822 thousand UAH.
Astarta did not sell any rapeseed in January-June 2025, although last year during the same period, 20.32 thousand tons were sold at a price of 18.52 thousand UAH.
Corn sales in the first half of the year decreased by 55% to 151.48 thousand tons, with a 20% increase in price to 9.722 thousand UAH.
In addition, Astarta reduced sales of sunflower seeds in January-March by 20% to 15,965 tons, while their selling price increased by 117% to UAH 28,697.
Sales of soybean oil in the first half of the year decreased by 13% to 23.72 thousand tons, while the price of the product also increased by 46% to UAH 44.7 thousand. Sales of soybean meal remained similar to the previous year at 87.76 thousand tons, while prices fell by 14% over the year to UAH 15.65 thousand.
The agricultural holding’s milk sales in January-June 2025 increased by 2% to 60.95 thousand tons, while the price of the product increased by 19% to UAH 19.28 thousand.
Overall, Astarta reduced sales of its main products by 11% in January-June: the decline in sales of wheat, corn, sunflower seeds, and soybean oil was partially offset by higher prices. The milk segment continues to show positive dynamics, with both sales volumes and product prices on the rise.
