In the written statement made by the Russian government, it was stated that measures were taken regarding sugar exports to maintain stability in the country's food market.
Accordingly, the statement stated that sugar exports were banned until August 31, 2024, and that certain amounts of exemption were granted to exports to Kazakhstan, Belarus, Kyrgyzstan and Armenia.
According to the data of the Russian Ministry of Agriculture, 6 million tons of sugar is consumed annually in the country, and approximately 6.9 million tons of sugar is expected to be produced this year.
