Price for Sugars; Fructose, Chemically Pure, in Solid Form in Brazil - 2024
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Brazil (CIF) - 2022
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Brazil (FOB) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Brazil
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Brazil
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Brazil (CIF) - 2022
The average import price for sugars; fructose, chemically pure, in solid form stood at $1,330 per ton in 2022, picking up by 53% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($2,082 per ton), while the price for the United States ($875 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Brazil (FOB) - 2022
The average export price for sugars; fructose, chemically pure, in solid form stood at $1,236 per ton in 2022, increasing by 42% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. Over the period under review, the average export prices reached the maximum at $1,534 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($4,270 per ton), while the average price for exports to Argentina stood at $1,173 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+7.9%), while the prices for the other major destinations experienced a decline.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Brazil
Imports of sugars; fructose, chemically pure, in solid form into Brazil shrank dramatically to 3.7K tons in 2022, falling by -25.7% against 2021. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 40%. As a result, imports attained the peak of 5K tons, and then declined sharply in the following year.
In value terms, imports of sugars; fructose, chemically pure, in solid form reached $4.9M in 2022. Overall, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.4% 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 increased by +77.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 1,814 | 729 | 1,470 | 2,172 | 6.2% |
| Turkey | 561 | 393 | 1,325 | 1,953 | 51.6% |
| United States | 1,512 | 1,182 | 1,035 | 481 | -31.7% |
| Finland | 331 | 56.9 | 210 | 261 | -7.6% |
| Slovakia | N/A | 379 | 257 | N/A | -32.2% |
| Others | 116 | 40.0 | 51.0 | 65.0 | -17.6% |
| Total | 4,334 | 2,780 | 4,348 | 4,932 | 4.4% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Brazil in 2022:
- Turkey (1570.4 tons)
- Israel (1406.6 tons)
- United States (549.8 tons)
- Finland (148.8 tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Brazil
In 2022, overseas shipments of sugars; fructose, chemically pure, in solid form decreased by -77.3% to 25 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 17,726%.
In value terms, exports of sugars; fructose, chemically pure, in solid form reduced sharply to $30K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,771%. As a result, the exports reached the peak of $94K, and then dropped markedly in the following year.
| Export of Sugars; Fructose, Chemically Pure, in Solid Form in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | 18.5 | 28.1 | 51.9% |
| Bolivia | N/A | 1.6 | 3.7 | 2.1 | 14.6% |
| Venezuela | N/A | 2.5 | N/A | N/A | 0% |
| Chile | N/A | N/A | 51.0 | N/A | 0% |
| United States | N/A | N/A | 19.5 | N/A | 0% |
| Others | 0.3 | 0.9 | 0.8 | N/A | 63.3% |
| Total | 0.3 | 5.0 | 93.5 | 30.3 | 365.7% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Brazil in 2022:
- Argentina (24.0 tons)
- Bolivia (0.5 tons)
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