Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter, other) amounted to $735 per ton, picking up by 6.8% against the previous year. Overall, the import price, however, faced a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 81%. As a result, import price reached the peak level of $4,216 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mauritius ($735 per ton) and India ($735 per ton), while the price for Belgium ($735 per ton) and Saudi Arabia ($735 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+27.6%), while the prices for the other major suppliers experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter, other) stood at $1,868 per ton in 2022, surging by 8.3% against the previous year. In general, the export price showed a moderate increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $1,951 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($3,012 per ton), while the average price for exports to Palestine ($744 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 Kuwait (-2.4%), while the prices for the other major destinations experienced a decline.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan
In 2022, overseas purchases of raw cane sugar (without flavoring or coloring matter, other) decreased by -37.2% to 98 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 165%.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) contracted rapidly to $72K in 2022. Over the period under review, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 32%.
Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 21.7 | 35.8 | 24.7 | 37.0 | 19.5% |
Belgium | N/A | N/A | 2.9 | 15.5 | 434.5% |
India | 13.7 | 11.3 | 27.2 | 13.2 | -1.2% |
Mauritius | 3.7 | 11.2 | 17.5 | 3.5 | -1.8% |
United States | 17.2 | 15.8 | 25.1 | 2.5 | -47.4% |
Thailand | N/A | 8.0 | N/A | N/A | 0% |
Others | 20.8 | 19.5 | 9.5 | N/A | -32.4% |
Total | 77.1 | 102 | 107 | 71.7 | -2.4% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Jordan in 2022:
- Saudi Arabia (50.3 tons)
- Belgium (21.1 tons)
- India (18.0 tons)
- Mauritius (4.8 tons)
- United States (3.4 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan
In 2022, after two years of decline, there was significant growth in shipments abroad of raw cane sugar (without flavoring or coloring matter, other), when their volume increased by 36% to 5.1 tons. In general, exports, however, recorded a precipitous decrease.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) soared to $9.6K in 2022. Over the period under review, exports, however, saw a abrupt descent.
Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 3.2 | 2.8 | 5.1 | 5.1 | 16.8% |
Netherlands | N/A | 1.3 | N/A | 1.5 | 7.4% |
Palestine | 8.4 | 2.9 | 1.3 | 1.4 | -45.0% |
Belgium | N/A | 2.2 | N/A | N/A | 0% |
Israel | 2.5 | N/A | N/A | N/A | 0% |
Others | 0.1 | 3.5 | 0.1 | 1.6 | 152.0% |
Total | 14.2 | 12.7 | 6.5 | 9.6 | -12.2% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Jordan in 2022:
- Palestine (1.9 tons)
- Kuwait (1.7 tons)
- Netherlands (0.7 tons)
This report provides an in-depth analysis of the sugar market in Jordan.
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This report provides an in-depth analysis of the sugar market in Jordan.
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In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.