Ukraine: Sugar Annual

  |   Attaché Report (GAIN)   |   UP2022-0033

Marketing Year (MY) 2022/23 sugar production is forecast at 1.1 million metric tons (MMT), a 23 percent decrease compared to the previous MY estimate. Local sugar producers are constantly sandwiched between a gradually shrinking domestic market, which represents the lion’s share of their consumers, and fluctuating world prices requiring accumulation of stocks. 

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