Business news from Ukraine

UKRAINE INCREASES SUGAR PRODUCTION BY 6.5%

20 February , 2018  

Sugar production in Ukraine in the 2017/2018 marketing year (MY, September-August) increased by 6.5% compared to the previous season, to 2.14 million tonnes, the Ukrtsukor National Association of Sugar Producers has reported.
According to the report, for the same period last year this figure was 2.01 million tonnes.
The rise in production is due to the expansion of areas under sugar beets and the launch of four more sugar refineries in addition to last year’s 42 plants.
“The production season is completed. Some 46 sugar plants manufactured 2.14 million tonnes of sugar, which is 6.5% more than last year. It should be noted that the increase in sugar production could be even higher, but weather conditions during the growing season did not contribute to the increase in the yield of sugar beets,” the association notes.
The leader in production remained Vinnytsia region with 445,600 tonnes of sugar. The second position was held by Khmelnytsky region with 290,200 tonnes, the third one by Ternopil region with 283,500 tonnes.
As reported, with reference to the data from Ukrtsukor, exports of sugar from Ukraine for the 2016/2017 MY (September-August) amounted to 769,300 tonnes, which is 6.8 times more than a year earlier (112,960 tonnes).