Uzbekistan’s Ministry of Agriculture, addressing concerns regarding potential sugar scarcities due to Russian export restrictions, confidently asserts the nation’s sugar supply stability. Annual sugar consumption within Uzbekistan ranges from 650,000 to 700,000 tonnes, a demand comfortably surpassed by the country’s prolific sugar production infrastructure.
Leading entities like Angren Shakar and Xorazm Shakar elevate national output beyond 900,000 tonnes annually, not merely satisfying local requirements but also fortifying reserves against global market shifts.
These industrial powerhouses collectively dispatch around 2,100 tonnes of sugar into the marketplace daily, a stark contrast to the modest average sales tally of 300 tonnes. Such productive excess delineates Uzbekistan’s capability to navigate international supply chain uncertainties with ease.
Expanding its sugar procurement horizon, Uzbekistan leans on Brazil and India for the bulk of its sugar raw materials, with these nations fulfilling 98% of its import needs. The preceding year witnessed the acquisition of 762,000 tonnes of sugar from these pivotal trade allies, underscoring the strategic diversification of Uzbekistan’s sugar supply sources.
Foreseeing global market vicissitudes, the Ministry of Agriculture disclosed Uzbekistan’s strategic initiative of maintaining a sugar reserve ample for a four-month duration. This precautionary measure bolsters the country’s resilience against unforeseen global sugar market dynamics.
This reassurance unfolds against the recent announcement by Sugar . ru regarding Russia’s imposition of export caps on sugar by this year’s end, a development sparking supply concerns among importing nations.
Uzbekistan’s sugar industry, poised for expansion, benefits from significant foreign investment, notably a $500 million infusion from Egyptian entity Nile Sugar. This capital injection targets sugar production enhancement in the Jizzakh region, marking a new growth phase for Uzbekistan’s sugar sector.
Through a synthesis of heightened domestic production, strategic international alliances, and prudent reserve policies, Uzbekistan articulates its commitment to sustaining its sugar supply irrespective of external perturbations. These orchestrated efforts not only secure Uzbekistan’s sugar needs but also underscore its adaptability and foresight in the global sugar arena.
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