Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $2,188 per ton in 2022, jumping by 45% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $2,350 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +2.4% per year.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $1,032 per ton in 2022, with a decrease of -6.2% against the previous year. Overall, the export price saw a noticeable decline. The growth pace was the most rapid in 2018 when the average export price increased by 58% against the previous year. The export price peaked at $2,124 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,563 per ton), while the average price for exports to the United States ($984 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 Germany (+22.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina
In 2022, overseas purchases of raw cane sugar (without flavoring or coloring matter) decreased by -98.3% to 576 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 3,920% against the previous year. As a result, imports attained the peak of 40 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) reduced notably to $1.3K in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 2,957%. As a result, imports reached the peak of $59K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 1.3 | 0% |
| Colombia | 1.7 | 57.4 | 46.9 | N/A | 425.2% |
| Chile | 0.1 | 0.9 | 3.3 | N/A | 474.5% |
| Others | 0.2 | 0.8 | 1.2 | N/A | 144.9% |
| Total | 1.9 | 59.1 | 51.4 | 1.3 | -11.9% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Argentina in 2022:
- Brazil (576.0 kg)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina
In 2022, shipments abroad of raw cane sugar (without flavoring or coloring matter) was finally on the rise to reach 65 tons after two years of decline. In general, exports, however, continue to indicate a abrupt curtailment.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) stood at $67K in 2022. Overall, exports, however, recorded a sharp reduction.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 146 | 61.3 | 59.9 | 63.7 | -24.2% |
| Others | 20.7 | 8.3 | 4.7 | 3.4 | -45.2% |
| Total | 167 | 69.6 | 64.6 | 67.1 | -26.2% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Argentina in 2022:
- United States (64.7 tons)
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