The duty on import of raw sugar to the Eurasian Customs Union rise to $162/MT in May 2023. The average monthly price for raw sugar at the ICE stock exchange was $541,84/MT in April 2023, respectively, the import duty in June 2023 will dropped to $140/MT.
Up to December 31, 2023, sugar imported into the Russian Federation is exempted from import customs duty – for the total volume of not more than 100 thousand tons, Belarus - no more than 100 thousand tons as well, for Kazakhstan - no more than 350 thousand tons, for Kyrgyzstan - no more than 50 thousand tons.
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