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Post forecasts marketing year (MY) 2025/26 sugar production at 1.5 million metric tons, a 17 percent decrease from Post's previous MY estimate. The main factor is uncertainty over the EU’s trade policy toward Ukraine past June 2025.
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.
The Polish National Sugar Company S.A. (KSC), a state-owned enterprise (SOE), opened a new port terminal in the Port of Gdansk specifically for sugar exports.
Ukrainian sugar production is estimated at 1.3 MMT based on production area reports as of May 2019.
EU sugar production in MY 2019/20 is forecast at 19.4 million MT, up from 18.2 million MT in MY 2018/19 in which an enduring summer drought took a significant toll on beet growth....
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.