Sugar production in CIS countries to decrease in next season

Sugar production in CIS countries to decrease in next season

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Ukrinform
Total sugar production in the CIS countries will decrease by 6% in the next season compared to the current one.

Head of the analytical service Sucden Maryna Sidak said this during the conference on trade and export of sugar, an Ukrinform correspondent reported.

"Ukraine in the 2018/2019 marketing year (MY, September through August) could reduce sugar output by 5.5% and boost its exports by 13%, according to the National Sugar Producers Association Ukrtsukor. In the 2018/2019 season, Ukraine and Russia will see a decrease in sugar production – by 5.5% and 11%, respectively, but Belarus is expected to see growth by 13%. At the same time, sugar exports from Ukraine and Russia will increase by 13% and 7%, respectively, while Belarus will see a slight decrease – by 5%. In addition, tough competition for the sales markets will continue," she explained.

According to her, due to the negative demographic situation in Ukraine, there will be a decrease in domestic consumption.

In the previous season, in the CIS market Ukraine became the main supplier of sugar to Turkmenistan.

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