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The Ukrainian Agrarian Business Club association (UCAB) predicts that there will be no shortage of sugar in Ukraine this year, but against the backdrop of growing demand for basic food products, it may rise in price.
The UCAB has said this in a statement, Ukrainian News Agency reports.
The association notes that over the past 5 years, Ukraine's annual fund of sugar consumption is about 1.2 million tons.
At the same time, in the 2020/21 marketing year (MY), Ukraine had certain problems with its own sugar production due to adverse weather conditions, which led to low sugar beet yields and low sugar content.