The export of Ukrainian sugar has grown substantially

Ukrainian sugar demand in the world

Manufacturers in 2017 put sugar is 64% more than in the same period last year.

The sugar producers have supplied to foreign markets 551 tees. ton of product, which is 64% higher than the same period last year. On Thursday, December 7, reported the press service of Ukrtsukor.

Head of analytical Department of the NATIONAL Association Ruslan Budilo noted that this increase was attributable to the favorable price situation on the world market in the beginning of the year and the significant increase in sugar production.

“In 2016/2017 MG year, sugar production reached 2.02 million tons, despite the fact that domestic consumption is shrinking every year. In addition, the favourable situation at the beginning of the year the world market has allowed the realization of surplus, and relieve tension from the inside. Now, world market is somewhat subsided, but the future supply of sugar will continue,” said Butila .

Note that in November of exported of 67.2 thousand tons of sugar, which is 59% more than last year . Major deliveries were carried out in Turkmenistan (14%), Sri Lanka (14%), Switzerland (12%), Azerbaijan (11%) and Turkey (10%).

We will remind, earlier it was reported that the export of Ukrainian sugar for the first three quarters of 2017 increased compared to the same period last year by 2.7 times.

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