Belarus' Sugar Export Proceeds Down 15.2% in January 2014
OREANDA-NEWS. Belarus' sugar export proceeds reduced 15.2% year on year in January 2014 to USD 20.678 million, a source in the profile ministry told.
In January 2014 Belarus exported 36,070 tonnes of sugar in Jan 2014, down 5.9% year on year. The price of sugar exports stood at USD 573 per tonne in Jan 2014 to compare with USD 636 per tonne in Jan 2013.
Belarus exported USD 310.93 million worth of sugar in January-December 2013, up 6.5% year on year, while in physical terms sugar exports grew 24.4% to 561,100 tonnes.
There are four sugar plants in Belarus (based Gorodeya, Zhabinka, Skidel, Slootsk), which process 28,000 tonnes of sugar beet a day. The sugar capacity of Belarus' home market totals 350,000 tonnes, while the rest is exported to foreign states, mostly Russia and Ukraine.
Belarus is expected to produce 720,000 tonnes of white sugar in 2015.