Exports of Polish sugar way up
16:09
Sugar exports increased to 373,000 metric tons, and in value to PLN 784.9 million between January and October of 2016, the Agricultural Market Agency (the ARR) said on Thursday. Imports also rose during the period, to 202,000 tons, according to the ARR press release.
"Of our exports, 229,000 tonnes of sugar, which accounted for 61 percent of the volume of total exports, went [to other] European countries. In the framework of the EU market, domestic sugar was exported mainly to Germany, Lithuania, Latvia and Italy," the report read. It added that in October, exports to other EU countries were 3 percent higher than they had been in September, and 12 percent higher, y/y. The ARR operates under the auspices of the Ministry of Finance of Poland.
In terms of exports going outside of the EU, the main recipients of Polish sugar were Israel, Georgia, Russia and Kazakhstan. In terms of revenues, there had been an increase of 25 percent, y/y, to countries outside of the EU.