Business news from Ukraine

Business news from Ukraine

SUGAR PRODUCTION IN UKRAINE IN 2019/2020 MARKETING YEAR DECREASES BY 19%

Sugar production in Ukraine in the 2019/2020 marketing year (MY, September-August) decreased by 19% compared to the previous MY, to 1.48 million tonnes. According to the Ukrtsukor National Association of Sugar Producers, in total 33 sugar refineries were operating during the season, which processed 9.84 million tonnes of sugar beets, which is almost a third less than a year earlier.
“As we can see, a significant decrease in the amount of raw materials entailed a reduction in the operation of production capacities and, as a result, a decrease in sugar production in general,” the deputy chairman of the board of the association, Ruslana Yanenko, said.
According to her, such a result is quite predictable, because the global sugar surplus that has been observed over the past three years has also significantly affected the Ukrainian market – a 20% reduction in the area under sugar beets and a decrease in the amount of raw materials.
“In addition to the fact that nine processing plants did not start this year, the production season also decreased by almost a month, and this will certainly affect the cost of sugar production, because a sugar factory must work a minimum of 100 days to cover the launch costs,” she said.
The three leaders in sugar production in Ukraine remained Vinnytsia region with 331,900 tonnes, Khmelnytsky region with 192,800 tonnes, and Ternopil region with 186,400 tonnes.

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SUGAR PRODUCTION IN UKRAINE AMOUNTES TO 1.375 MLN TONNES

Sugar production in Ukraine as of December 17, 2019 amounted to 1.375 million tonnes.
According to the Ukrtsukor National Association of Sugar Producers, in the 2019/2020 season some 31 sugar plants were operating. To date, they have processed 9.11 million tonnes of sugar beets.
As reported, the sugar season in Ukraine started on September 1.
Sugar production in the 2018/2019 season decreased by 15% compared with the previous agricultural year, to 1.82 million tonnes.

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UKRAINE PRODUCES OVER 1 MLN TONNES OF SUGAR BY NOV 15

Sugar production in Ukraine as of November 14, 2019 amounted to 1.1 million tonnes.
According to the Ukrtsukor National Association of Sugar Producers, as of this date 31 sugar factories were operating in the country. To date, they have processed 7.3 million tonnes of sugar beets.
According to the information and analytical portal of the agro-industrial complex, as of November 12 farmers had harvested 9 million tonnes of sugar beets from 205,000 ha (93% of the forecast for the area).
As reported, the sugar production season in Ukraine started on September 1. According to the estimates of Ukrtsukor, sugar production in the 2019/2020 season may reach 1.1-1.2 million tonnes.
Sugar production in the 2018/2019 season decreased by 15% compared with the previous MY, to 1.82 million tonnes.

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UKRAINE PRODUCES 900,000 TONNES OF SUGAR

Sugar production in Ukraine as of November 4, 2019 amounted to 909,580 tonnes.
According to the Ukrtsukor National Association of Sugar Producers, as of this date 31 sugar factories were operating in the country. To date, they have processed 6.17 million tonnes of sugar beets.
According to the information and analytical portal of the agro-industrial complex, as of November 1 farmers had harvested 7.8 million tonnes of sugar beets from 178,000 ha (81% of the forecast for the area) with the average yield being 43.8 tonnes per ha.
As reported, the sugar production season in Ukraine started on September 1. According to the estimates of Ukrtsukor, sugar production in the 2019/2020 season may reach 1.1-1.2 million tonnes.
Sugar production in the 2018/2019 season decreased by 15% compared with the previous MY, to 1.82 million tonnes.

UKRAINE PRODUCES 641,000 TONNES OF SUGAR BY OCT 23

Sugar production in Ukraine as of October 23, 2019 amounted to 641,000 tonnes.
According to the Ukrtsukor National Association of Sugar Producers, as of this date 31 sugar refineries were operating in the country and they have refined 4.42 million tonnes of sugar beets.
According to the Ministry of Agricultural Policy and Food, farmers as of October 23 had harvested 6 million tonnes of sugar beets from an area of 137,000 ha, or 62% of the forecast with an average yield of 43.7 tonnes/ha.
As reported, the sugar production season in Ukraine started on September 1. According to the estimates of the Ukrtsukor association, the number of operating sugar factories in the 2019/2020 season will be reduced from 42 to 32, while sugar production is expected to reach 1.1-1.2 million tonnes.
Sugar production in the 2018/2019 season decreased by 15% compared with the previous season, to 1.82 million tonnes.

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UKRAINE IN 2018/2019 MARKETING YEAR EXPORTES 409,800 TONNES OF SUGAR FOR $144.3 MLN

Ukraine in the 2018/2019 marketing year (MY, September-August) exported 409,800 tonnes of sugar for $144.3 million, which is 27% less than in the previous MY, the Ukrtsukor National Association of Sugar Producers has reported
According to the association, during the reporting period there were changes in the geography of export deliveries.
“Although Uzbekistan remains the leader in imports, shipments to this country have significantly decreased from 210,000 to 96,000 tonnes. Azerbaijan ranked second with 74,000 tonnes, which ranked third last season (43,000 tonnes). Tajikistan ranks third with 36,000 tonnes (16,000 tonnes, the ninth place),” Ruslana Yanenko, the deputy chairman of the board of Ukrtsukor, said.
She noted that the share of deliveries to Uzbekistan in total exports decreased from 37% in the 2017/2018 MY to 24% in the 2018/2019 MY. The reasons for the reduction in shipments, in her opinion, are, first of all, changes in the tax policy of Uzbekistan, as well as a large number of logistic problems in the season related to the supply of Ukrainian sugar to Uzbekistan. In the 2018/2019 MY season, shipments to Israel and Libya increased, which ranked seventh and eighth in the overall ranking of Ukrainian sugar importers.
According to the association, sugar exports in the 2019/2020 MY will amount to approximately 300,000 tonnes.

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