Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece (CIF) - 2023
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece (CIF) - 2023
The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $935 per ton in October 2023, with a decrease of -2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in April 2023 an increase of 11% m-o-m. Over the period under review, average import prices reached the maximum at $995 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Bulgaria ($1,010 per ton), while the price for Mauritius ($898 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Colombia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $1,253 per ton, increasing by 16% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 23%. Over the period under review, the average export prices hit record highs at $1,264 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($1,366 per ton), while the average price for exports to Bulgaria ($861 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 Italy (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece
In 2022, approx. 7.6K tons of raw cane sugar (without flavoring or coloring matter, other) were imported into Greece; with an increase of 4.4% on the year before. Over the period under review, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 12%.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) surged to $5.6M in 2022. Overall, imports, however, recorded a noticeable descent.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 1,726 | 1,683 | 1,714 | 2,054 | 6.0% |
| El Salvador | 885 | 1,255 | 1,262 | 1,375 | 15.8% |
| France | 759 | 492 | 590 | 841 | 3.5% |
| Netherlands | 0.3 | 0.3 | 78.9 | 464 | 1056.5% |
| Malawi | N/A | 28.0 | N/A | 286 | 219.6% |
| Costa Rica | 257 | 416 | 675 | 176 | -11.9% |
| Colombia | 1,121 | 29.5 | 115 | 167 | -47.0% |
| Mozambique | 425 | N/A | N/A | N/A | 0% |
| Guatemala | 375 | N/A | N/A | N/A | 0% |
| Others | 530 | 326 | 399 | 235 | -23.7% |
| Total | 6,078 | 4,230 | 4,834 | 5,597 | -2.7% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Greece in 2022:
- Mauritius (2577.5 tons)
- El Salvador (2224.0 tons)
- France (1300.1 tons)
- Malawi (504.0 tons)
- Colombia (260.0 tons)
- Costa Rica (250.0 tons)
- Netherlands (245.9 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece
In 2022, the amount of raw cane sugar (without flavoring or coloring matter, other) exported from Greece shrank sharply to 59 tons, falling by -29.9% on the previous year. Overall, exports faced a precipitous descent.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) fell markedly to $74K in 2022. In general, exports saw a precipitous contraction.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 27.9 | 23.6 | 45.5 | 51.7 | 22.8% |
| Bulgaria | 15.8 | 26.6 | 23.2 | 7.0 | -23.8% |
| Romania | 0.7 | 20.5 | 9.6 | 6.8 | 113.4% |
| Albania | 1.2 | 3.7 | 3.5 | 3.7 | 45.5% |
| Slovenia | N/A | N/A | N/A | 1.9 | 0% |
| Italy | 406 | 238 | N/A | N/A | -41.4% |
| Others | 1.2 | 3.7 | 8.8 | 2.9 | 34.2% |
| Total | 453 | 316 | 90.7 | 74.0 | -45.3% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Greece in 2022:
- Cyprus (37.9 tons)
- Bulgaria (8.2 tons)
- Romania (6.3 tons)
- Albania (3.2 tons)
- Slovenia (2.2 tons)
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