Ukraine in the 2018 calendar year exported 586,500 tonnes of sugar (2% less from 2017) for $217.09 million, the Ukrtsukor National Association of Sugar Producers has reported. “If to compare with the previous year, the export volume has not changed much, but its geography has changed. If last year the largest buyer of Ukrainian sugar was Sri Lanka (69,030 tonnes), then in 2018 it was Uzbekistan (285,300 tonnes.) They are followed by Azerbaijan and Libya with 44,700 tonnes and 43,800 tonnes respectively,” Ruslana Butylo, the deputy chairperson of the board of Ukrtsukor, said.
At the same time, according to the association, sugar exports for the four months of the current marketing year (September 2018 – August 2019) grew by 14.3%, to 198,900 tonnes. “Taking into account the market situation and still a surplus year, even despite the decrease in forecasts for sugar production in India, Ukrainian producers will have to work to improve product quality and establish long-term contracts,” she said.
In the 2017 calendar year, Ukraine exported 598,700 tonnes of sugar for $279.9 million.
Ovostar Union, one of the leading producers of eggs in Ukraine, will invest EUR85 million in egg production in Latvia until 2026, Arnis Veinbergs, the chairman of the board of Gallusman LLC from Ovostar Group, has said. According to him, Gallusman ordered equipment from Big Dutchman for EUR 26 million. This equipment will provide the company with opportunities for exports, as the demand for eggs laid by hens not in cages is growing.
The construction of the enterprise is scheduled for the second half of 2019, the likely location is Tukums or Ogre. It is planned to keep up to 8 million hens at the Gallusman enterprise, a feed production workshop and a biogas station are also envisaged.
Gallusman’s largest owner is Ovostar Union N.V. PLLC, a company registered in the Netherlands. Its beneficiaries are citizens of Ukraine Borys Belikov and Vitaliy Veresenko. The agro-industrial group of companies Ovostar Union is one of the leading manufacturers of eggs and egg products in Ukraine.
One troy ounce=31.10 grams
