Russia’ sugar output will rise in 2016/17

 

Russia’s sugar production is forecast to increase to 5.6 million tonnes in 2016, from 5.2 million tonnes last year, according to IKAR, a leading agriculture consultancy in Moscow.

This is due to a combination of expansion in beet acreage and favourable weather.

Russia has been seeking to ramp up sugar production in recent years as it aims to become self-sufficient.

IKAR sees Russia’s domestic consumption of sugar rising this year by 50,000 tonnes to 5.85 million tonnes due to higher demand in Crimea, annexed by Russia from Ukraine in 2014.

Russia was the world’s top raw sugar importer a decade ago but has imported less in recent years as domestic production rose. IKAR expects the country’s imports of raw sugar to fall to 100,000 tonnes during the next marketing year ending July 2017, from an expected 238,000 tonnes in the current marketing year.

 

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