Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria (FOB) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria (CIF) - 2022
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $757 per ton in 2022, declining by -11.6% against the previous year. In general, the export price recorded a noticeable downturn. The growth pace was the most rapid in 2015 an increase of 76%. As a result, the export price reached the peak level of $1,678 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($785 per ton), while the average price for exports to Niger totaled $598 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+5.6%), while the prices for the other major destinations experienced a decline.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $3,242 per ton, rising by 7.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 48% against the previous year. As a result, import price reached the peak level of $4,727 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($6,700 per ton), while the price for China ($533 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria
In 2022, overseas shipments of refined cane or beet sugar (with added flavoring or coloring matter) were finally on the rise to reach 190 tons after two years of decline. Overall, exports, however, continue to indicate a abrupt shrinkage.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) soared to $144K in 2022. Over the period under review, exports, however, showed a sharp setback.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 295 | 175 | 101 | 123 | -25.3% |
| Niger | 13.2 | 5.9 | 3.6 | 19.3 | 13.5% |
| Others | 1.1 | 0.7 | 0.9 | 0.7 | -14.0% |
| Total | 310 | 181 | 106 | 144 | -22.6% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Algeria in 2022:
- Ghana (157.3 tons)
- Niger (32.3 tons)
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria
In 2022, after two years of decline, there was significant growth in overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter), when their volume increased by 234% to 2.8 tons. Over the period under review, imports, however, showed a dramatic slump.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) soared to $9.2K in 2022. Overall, imports, however, saw a dramatic downturn.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 33.4 | 13.2 | 2.1 | 7.2 | -40.0% |
| South Korea | 3.7 | 1.7 | 0.3 | 1.4 | -27.7% |
| China | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 2.1 | 0.9 | 0.1 | 0.6 | -34.1% |
| Total | 39.3 | 15.8 | 2.6 | 9.2 | -38.4% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Algeria in 2022:
- Spain (1435.0 kg)
- South Korea (1233.0 kg)
- China (107.0 kg)
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