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Sarajevo Times > Blog > BUSINESS > Lack of Sugar worldwide, BiH is currently the most stable Market
BUSINESS

Lack of Sugar worldwide, BiH is currently the most stable Market

Published September 24, 2022
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The war in Ukraine, in addition to contributing to a major geopolitical crisis in the world, also significantly affected a series of disruptions in supply chains both in Europe and in the rest of the world.

In addition to the rise in the prices of fuel and certain foodstuffs, some countries in the region also faced a shortage of sugar on the shelves of many stores.

When it comes to Serbia, at the end of August, the government of this country extended the provision limiting the price of basic foodstuffs until September 30th.

Among other things, this also applies to sugar, which can be found in Serbia at a price of 102 dinars (1.70 BAM). However, despite the government’s measures, stores have found themselves in big trouble considering that there has been a shortage of sugar on the shelves for several weeks.

The fact that the President of Serbia, Aleksandar Vucic, has also called on the secret services to launch a special investigation into the causes of the sugar shortage speaks volumes for the fact that the situation is serious, but the results of that investigation are not yet known.

How is the situation in Bosnia and Herzegovina (BiH)?

Although the area of the Balkans is such that the problem in one country is quickly reflected in another, it seems that for now there are no problems in BiH, at least when it comes to the sugar market.

Natasa Pucar, director of corporate communications of the “Bimal” company, spoke in an interview about the current situation in our market and the state of the largest sugar factory located in Brcko, which covers the entire BiH market.

”BiH has its own sugar production in Brcko and the STUDEN AGRANA Sugar Refinery has provided the most stable market without shortages with its capacities. We can say with certainty that, in terms of sugar, the BiH market is currently the most stable in the region, despite all the political and economic developments in the world,” Pucar stated, Biznis Info writes.

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