Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Russia's Sugar Consumption Seen at Highest in Six Years

May 14 (Bloomberg) -- Russia’s sugar usage this year may be the highest since 2008 as the country’s expanding population consumes more domestically-produced food and home-brewed alcohol, market researcher Ikar said.

Consumption may climb 1.2 percent to 5.68 million metric tons from 5.61 million tons last year, Ikar said today in e-mailed statements.

“It’s an important change,” Evgeny Ivanov, an analyst at Ikar in Moscow, said by phone. “We’ve been declining for a few years.”

Population growth was boosted by the annexation of Crimea from Ukraine in March, according to the statements. Local food has become more popular after the ruble declined since the start of the year, making imports less affordable, Ikar said. A ban on sweets from Ukrainian producer Roshen last year provided space for Russian rivals to expand sales, it said. An annual increase in excise duties on alcohol has pushed up prices for drinks at stores, encouraging sugar-intensive home brewing, it said.

To contact the reporter on this story: Anatoly Medetsky in Moscow at

To contact the editors responsible for this story: Claudia Carpenter at John Deane, Dan Weeks

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.