Browse Data and Analysis

Ukraine established a self-limiting trade measure for sugar to create long term trust with its neighbor.

MY2024/25 sugar production is forecast at 1.8 MMT, similar to FAS/Kyiv's previous MY estimate. Sugar beet production area will remain steady across MY2023/24 and MY2024/25, which could be an indicator that the sugar industry is adjusting to a “new normal.”

MY2023/24 sugar production is forecast at 1.5 MMT, a 13 percent increase compared to the previous MY estimate, as Ukraine returns to pre-war (CY2021) production areas of sugar beets.

The MY 2022/23 sugar production forecast is down 23 percent from the previous estimate. Producers face a shrinking domestic market and fluctuating world prices, as well as the strain of conflict with Russia in terms of ensuring production and exports.

Marketing Year (MY) 2021/22 sugar production is forecast at around 1

MY2020/21 sugar production is forecast down to over 1.5 million metric tons, representing another step in a downward trend that has continued over the last three years.

Ukrainian sugar production is estimated at 1.3 MMT based on production area reports as of May 2019.

In Marketing Year (MY) 2017/18 Ukrainian sugar exports were lower than expected, resulting in an accumulation of significant ending stocks.

The Government of Ukraine (GoU) abolished the existing sugar quota regime, which was coupled with price supports in the form of minimum prices for both refined sugar and sugar beets.

This report contains revised PSDs for sugar beet and sugar for MY2018/19 based on planting data.

The Ukrainian sugar industry is stabilizing production volumes to avoid accumulation of stocks and subsequent price drops.

Sugar beet and sugar production in Ukraine peaked in marketing year 2016/17. It is expected to continue growth in marketing year 2017/18, stimulated by increasing exports of sugar....