Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan (FOB) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan (CIF) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $484 per ton, picking up by 3.2% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the maximum at $807 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($501 per ton), while the average price for exports to Romania amounted to $464 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+19.1%), while the prices for the other major destinations experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $341 per ton in 2022, waning by -13.2% against the previous year. In general, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $483 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($505 per ton), while the price for Brazil ($266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter, other) were finally on the rise to reach 24K tons after two years of decline. Overall, exports, however, showed a pronounced shrinkage.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) rose remarkably to $11M in 2022. Over the period under review, exports, however, showed a abrupt curtailment.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 7.5 | 6.7 | 5.9 | 6.4 | -5.1% |
| Romania | 6.3 | 5.5 | 4.7 | 5.0 | -7.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.8 | 12.1 | 10.7 | 11.4 | -6.2% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Sudan in 2022:
- Poland (12.7K tons)
- Romania (10.8K tons)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan
In 2022, the amount of raw cane sugar (without flavoring or coloring matter, other) imported into Sudan dropped modestly to 31K tons, with a decrease of -2.6% compared with the previous year. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 5.4%.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) fell markedly to $11M in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $13M, and then declined sharply in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.5 | 1.1 | 0.7 | 5.4 | 29.3% |
| Brazil | 8.9 | 6.4 | 10.5 | 4.3 | -21.5% |
| Egypt | 0.9 | 1.1 | 1.3 | 0.6 | -12.6% |
| South Africa | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 12.4 | 8.7 | 12.5 | 10.6 | -5.1% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Sudan in 2022:
- Brazil (16.0K tons)
- India (13.0K tons)
- Egypt (1.4K tons)
- South Africa (0.6K tons)
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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.
