Business news from Ukraine

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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UKRAINE PRODUCES 121,500 TONNES OF SUGAR BY SEPT 24

Sugar production in Ukraine as of October 1, 2019 amounted to 217,200 tonnes. According to the Ukrtsukor National Association of Sugar Producers, as of this date 25 sugar factories were operating in the country, which have processed 1.6 million tonnes of sugar beets.
The Ministry of Agricultural Policy and Food of Ukraine said that 12 million tonnes of sugar beets from 45,000 ha or 20% of the plan was harvested as of September 26 with the average yield of 44.5 tonnes per ha.
As reported, the sugar season in Ukraine started on September 1. According to the Ukrtsukor association, the number of sugar factories in operation in the 2019/2020 season will be reduced from 42 to 32, and 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 MY, to 1.82 million tonnes.

UKRAINE PRODUCES 121,500 TONNES OF SUGAR BY SEPT 24

Sugar production in Ukraine as of September 24, 2019 amounted to 121,500 tonnes.
According to the Ukrtsukor National Association of Sugar Producers, as of this date 17 sugar factories were operating in the country, which have processed 934,200 tonnes of sugar beets.
As reported, the sugar season in Ukraine started on September 1. According to the Ukrtsukor association, the number of sugar factories in operation in the 2019/2020 season will be reduced from 42 to 32, and 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 MY, to 1.82 million tonnes

UKRAINE OPENS NEW SUGAR PRODUCTION SEASON

Ukraine officially opened a new sugar production season on September 1 with the production of sugar beet at Radekhivsky Tsukor LLC, the National Association of Sugar Producers Ukrtsukor has said. According to its website, this year the most part of sugar plants of Ukraine postponed a start of new season of beet refining for later terms.
“The reason is unfavorable weather conditions, because in most regions of Ukraine, soil crust has formed due to hot and dry weather, which complicates the technological process of harvesting. In other parts of the country, due to heavy rains, the sugar content of root crops decreased, so the farmers stopped field works, expecting higher quality indicators of the crops. These very factors influence the reduction of sugar beet digging,” the association quotes its deputy board chairman Ruslan Yanenko as saying.
Besides, Ukrtsukor expects better situation on the fields, and the most number of plants will start operating in the end of September. In total, 32 sugar plants will work in new season.
As reported, the production of sugar in the 2018/2019 marketing year decreased by 15%, to 1.82 million tonnes. Some 42 sugar refineries operated during that season.
According to estimates of Ukrtsukor, the number of operating sugar plants in 2019/2020 will drop from 42 to 32, when sugar production is predicted on the level of 1.1-1.2 million tonnes.

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WHOLESALE SUGAR PRICES IN UKRAINE WILL INCREASE BY 18%

Wholesale prices for sugar in the 2019/2020 marketing year (MY, September-August) will increase by 18%, to UAH 13,000 per tonne due to a decrease in production, the press service of the Ukrtsukor National Association of Sugar Manufacturers has said. According to the association, sugar production in the 2019/2020 MY will amount to 1.1-1.2 million tonnes.
“The decrease is primarily due to the reduction in the area under sugar beets and adverse weather conditions. The lack of moisture in the soil affected the development of sugar beets and as of August 1 sugar beets are massively losing the weight of the tops, which, in turn, will lead to low sugar content,” еhe press service said citing deputy chairman of the board of Ukrtsukor Ruslan Yanenko.
In addition, agronomists note common root diseases.
“According to our estimates, 32 sugar enterprises will work this season,” Yanenko said.
As reported, sugar production in the 2018/2019 MY decreased by 15%, to 1.82 million tonnes. In the season, 42 sugar factories worked.

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UKRAINE FULLY USES QUOTAS FOR DUTY-FREE EXPORTS OF AGRI PRODUCTS TO EU INCLUDING HONEY, SUGAR, CEREALS, GRAPE AND APPLE JUICE, WHEAT, CORN

Ukraine as of July 22 had fully used quotas for duty-free exports of agricultural products to the EU on nine groups of goods, including honey, sugar, cereals and flour, processed starch, processed tomatoes, grape and apple juice, wheat, corn, and butter. According to a press release from the Ukrainian Agribusiness Club (UAC), the pace of quota use and revival of trade with the EU is noticeably accelerating, as on the same date last year seven quotas for duty-free exports from Ukraine to the EU were used.
“Potentially, quotas for barley (79% are now used), poultry (75%), malt and wheat gluten (58%), and starch (53%) will be used by the end of the year,” the association noted.
The UAC said additional quotas for eight groups of goods come in force from October 2017 for a period of three years: for honey, flour and cereals, processed tomatoes, grape and apple juice, oats, corn, wheat, and barley. As of July 22, five of the additional quotas were used: for honey, cereals, juice, wheat, and corn.

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