Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland (CIF) - 2023
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland (FOB) - 2022
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland (CIF) - 2023
In December 2023, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $1,065 per ton, approximately equating the previous month. Over the period under review, the import price saw a measured increase. The pace of growth appeared the most rapid in January 2023 an increase of 212% month-to-month. As a result, import price reached the peak level of $2,552 per ton. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Swaziland ($1,304 per ton), while the price for Paraguay ($781 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland (FOB) - 2022
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $926 per ton in 2022, shrinking by -20.9% against the previous year. Over the period under review, the export price showed a pronounced reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 70%. The export price peaked at $2,802 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,671 per ton), while the average price for exports to Austria ($340 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 Egypt (+2.2%), while the prices for the other major destinations experienced a decline.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland
In 2022, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose into Switzerland expanded markedly to 84K tons, picking up by 9.2% compared with the year before. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $54M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 27%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.1 | 11.2 | 17.5 | 27.1 | 49.6% |
Poland | 5.2 | 8.9 | 6.3 | 7.6 | 13.5% |
France | 12.6 | 13.7 | 11.5 | 6.8 | -18.6% |
Paraguay | 3.6 | 4.2 | 3.9 | 5.3 | 13.8% |
Costa Rica | 1.5 | 2.1 | 2.7 | 2.8 | 23.1% |
Others | 3.9 | 4.0 | 4.8 | 4.8 | 7.2% |
Total | 34.9 | 44.2 | 46.7 | 54.5 | 16.0% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Switzerland in 2022:
- Germany (47.8K tons)
- Poland (13.8K tons)
- France (11.6K tons)
- Paraguay (5.9K tons)
- Costa Rica (3.1K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland
Exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Switzerland soared to 3.8K tons in 2022, rising by 38% compared with 2021 figures. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 321%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $3.5M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 149%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 236 | 691 | 1,037 | 1,158 | 69.9% |
France | 89.2 | 192 | 750 | 636 | 92.5% |
Spain | 0.5 | 38.9 | 183 | 523 | 915.1% |
Belgium | 3.0 | 244 | 416 | 359 | 392.8% |
Egypt | N/A | 48.5 | 200 | 180 | 92.6% |
Austria | 13.3 | 32.0 | 50.3 | 62.3 | 67.3% |
Italy | 24.3 | 37.8 | 19.3 | 35.0 | 12.9% |
Others | 234 | 211 | 552 | 551 | 33.0% |
Total | 600 | 1,496 | 3,208 | 3,504 | 80.1% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Switzerland in 2022:
- Germany (1385.8 tons)
- Spain (936.1 tons)
- France (697.2 tons)
- Belgium (214.7 tons)
- Austria (183.0 tons)
- Egypt (115.8 tons)
- Italy (67.9 tons)
This report provides an in-depth analysis of the refined cane sugar market in Switzerland.
This report provides an in-depth analysis of the market for refined white cane sugar in Switzerland.
This report provides an in-depth analysis of the sugar market in Switzerland.
This report provides an in-depth analysis of the raw cane sugar market in Switzerland.
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Switzerland.
This report provides an in-depth analysis of the sugar market in Switzerland.
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
This report provides an in-depth analysis of the global sugar market.
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
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.
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
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.