Business news from Ukraine


1 September , 2021  

Sugar production in Ukraine in the 2021/2022 marketing year (MY, September-August) is expected to reach 1.4 million tonnes, which is 30% more than in the previous MY, the total sugar supply in the country will be sufficient to meet domestic demand, according to the Ministry of Economy.
According to a report on the agency’s website, taking into account the growth in sugar production in the current MY and its significant residues (420,000 tonnes), which are transferred from the last MY, the total sugar supply this season will amount to 1.74 million tonnes. The Ministry of Economy specified that these volumes will be quite enough to meet domestic demand, which is approximately 1.25 million tonnes.
“At present, the sugar industry of Ukraine allows producing up to 2 million tonnes of beet sugar per year, which fully meets the country’s internal needs,” the ministry explains.
The Ministry of Economy recalled that in the 2020/2021 MY sugar production in Ukraine decreased by a quarter compared to 2019/2020 MY, to 1.1 million tonnes due to unfavorable weather conditions.
In the current MY, 33 enterprises of the industry intend to produce sugar, which corresponds to the data for 2020, the report says.
“There is a gradual decrease in sugar consumption by Ukrainians. If in 2008 the average Ukrainian consumed about 41 kg of sugar and sugar-containing products during the year, then in 2020 – 28.5 kg. Such a decrease is also associated with a change in food culture and a decrease in sugar consumption in related industries,” the Ministry of Economy summed up, citing data from the State Statistics Service.