Ukraine, as of May 5, imported 26,200 tonnes of raw cane sugar imported within the tariff quota of 260,000 tonnes, the Ministry of Economic Development, Trade and Agriculture of Ukraine reported on the website, citing data from the State Customs Service.
The agency clarified that the average cost of imported raw materials will be $480 per tonne, and the estimated cost of processed cane sugar, taking into account logistics costs and after paying mandatory payments, will be UAH 22,000-23,000 per tonne on the Ukrainian market. According to the Ministry of Economy, as of May 5, importers were issued licenses to import raw sugar from cane into Ukraine with a total volume of 170,000 tonnes.
The ministry specified that since the beginning of the 2020/2021 marketing year, imports of white sugar amounted to 67,000 tonnes with an average cost of $512 per tonne.
