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Sugar Export of Russia Triples, Ranking World Top 7

Pubtime:2020-08-17Author:Source: Hits:


In accordance with global sugar supply/demand forecast of International Sugar Organization in May, Russia will export about 1.8 million ton sugar in the agriculture season from October 2019 to September 2020, ranking the 7th of global major sugar exporters. Sugar export of Russia will triple, and exceed that of Cuba and European Union. According to Russian Sugar Federation, the sugar export soared due to great harvest of beets in Russia; in 2019, the beet harvest in Russia increased 29% on year-on-year basis, reaching 54.3 million ton.

Russian experts pointed out low price and convenient transportation help Russian sugar plants expand sugar supply to Kazakhstan and Uzbekistan, and meanwhile open the former sugar market of Albania, Croatia and Serbia.