Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Brazil - 2024
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Brazil (FOB) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Brazil
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Brazil (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $2,014 per ton, growing by 37% against the previous year. In general, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 215% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($7,037 per ton), while the average price for exports to Guyana ($775 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Brazil
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter) decreased by -41.1% to 456 tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 252%. As a result, the exports reached the peak of 2.1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) contracted rapidly to $917K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 78%. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.6 | 5.5 | 3.0 | 374 | 424.0% |
| Japan | 0.9 | 1.2 | 1.0 | 201 | 506.7% |
| Venezuela | N/A | 3.0 | 0.6 | 147 | 600.0% |
| Netherlands | 0.7 | 1.3 | 1.3 | 107 | 434.7% |
| United States | 0.1 | 0.3 | 0.2 | 49.7 | 692.1% |
| Guyana | N/A | N/A | N/A | 12.1 | 0% |
| United Arab Emirates | 1,078 | 1,919 | 1,131 | N/A | 2.4% |
| Others | 0.9 | 1.2 | 0.2 | 26.2 | 207.6% |
| Total | 1,083 | 1,932 | 1,137 | 917 | -5.4% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Brazil in 2022:
- Germany (200.4 tons)
- Japan (114.1 tons)
- Venezuela (71.8 tons)
- United States (24.1 tons)
- Guyana (15.6 tons)
- Netherlands (15.2 tons)
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