Ukraine: Astarta optimizes sugar assets

Astarta is reporting on completion of sale of its two sugar plants in Kharkiv region – Savynskiy and Novoivanivskiy. As previously communicated, the company’s management was focusing on improving the profitability of the sugar segment and optimizing the corresponding asset base by concentrating production on its core sugar mills in 2020. Since Kharkiv region does…

Ukraine: coffee imports up over five years

Over the past five years, Ukraine’s coffee imports have grown by 63%. In 2020, they reached 48.4 thousand tons for a total amount of $166.1 million, according to the Ukrainian Agribusiness Club Association (UCAB). About 51% of coffee is imported unroasted and processed already in Ukraine. The main suppliers of coffee to Ukraine are European…

Ukraine: fat exports up in 2020

In 2020, Ukraine increased exports of vegetable and animal fats by 22% and remained the largest sunflower oil exporter to the European Union. “As for vegetable and animal fats, Ukraine increased exports of these products by 22%. This growth was achieved primarily due to the growth of sunflower production, domestic processing and increased sales of…