Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine - 2023

Contents:

  1. Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine (CIF) - 2022
  2. Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine (FOB) - 2022
  3. Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine
  4. Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine

Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine (CIF) - 2022

In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,540 per ton, dropping by -27.8% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 39%. The import price peaked at $4,342 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,803 per ton), while the price for Romania ($1,596 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine (FOB) - 2022

In 2022, the average export price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,134 per ton, dropping by -17.6% against the previous year. Overall, the export price showed a noticeable reduction. The growth pace was the most rapid in 2016 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $5,074 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($10,000 per ton), while the average price for exports to Azerbaijan ($1,716 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 Moldova (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine

Imports of refined cane or beet sugar (with added flavoring or coloring matter) into Ukraine expanded rapidly to 194 tons in 2022, surging by 5.8% compared with the year before. Over the period under review, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year. As a result, imports reached the peak of 263 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) contracted notably to $492K in 2022. In general, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, imports reached the peak of $665K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16625348.52026.8%
Romania1041721131163.7%
FranceN/A2.127087.1544.0%
Germany32.988.487.653.417.5%
Czech Republic4.815.310.812.136.1%
Mauritius65.260.064.5N/A-0.5%
Others55.874.549.820.6-28.3%
Total4296656444924.7%

Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Ukraine in 2022:

  1. Poland (101.8 tons)
  2. Romania (72.7 tons)
  3. France (5.2 tons)
  4. Czech Republic (4.6 tons)
  5. Germany (4.3 tons)

Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine

After three years of growth, shipments abroad of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -43.8% to 22 tons in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year.

In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) contracted sharply to $48K in 2022. Over the period under review, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2020 with an increase of 112%.

Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan7.844.723.132.060.1%
Moldova14.116.420.29.2-13.3%
Georgia0.10.312.25.5280.3%
Belarus10.54.727.6N/A62.1%
Others1.35.320.31.2-2.6%
Total33.771.410347.912.4%

Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Ukraine in 2022:

  1. Azerbaijan (18.6 tons)
  2. Moldova (3.0 tons)
  3. Georgia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Refined Cane or Beet Sugar (with added flavoring or coloring Matter) - Ukraine