Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands (CIF) - 2023
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands (FOB) - 2023
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands (CIF) - 2023
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $2,698 per ton in October 2023, picking up by 88% against the previous month. In general, import price indicated a resilient expansion from October 2022 to October 2023: its price increased at an average monthly rate of +8.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for raw cane sugar (without flavoring or coloring matter) increased by +87.7% against September 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Mauritius ($4,699 per ton), while the price for China stood at $1,258 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mauritius (+49.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands (FOB) - 2023
In October 2023, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $3,781 per ton, jumping by 62% against the previous month. In general, export price indicated a strong expansion from October 2022 to October 2023: its price increased at an average monthly rate of +6.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for raw cane sugar (without flavoring or coloring matter) increased by +72.9% against August 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($4,350 per ton), while the average price for exports to the UK amounted to $1,925 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands
In 2022, purchases abroad of raw cane sugar (without flavoring or coloring matter) decreased by -3.4% to 3.4K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, imports reached the peak of 9.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) expanded remarkably to $4.4M in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $7M. 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 the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,565 | 1,772 | 1,540 | 1,767 | 4.1% |
| Czech Republic | 772 | 559 | 958 | 1,369 | 21.0% |
| Malta | 1,103 | 339 | 320 | 280 | -36.7% |
| Colombia | 169 | 117 | 504 | 221 | 9.4% |
| Germany | 194 | 425 | 380 | 213 | 3.2% |
| Costa Rica | 421 | 447 | 150 | 148 | -29.4% |
| Paraguay | 63.6 | 40.2 | 40.6 | 113 | 21.1% |
| France | 716 | 2,562 | 55.2 | 19.1 | -70.1% |
| Austria | 903 | 462 | 70.2 | 7.5 | -79.7% |
| Others | 269 | 229 | 120 | 285 | 1.9% |
| Total | 6,177 | 6,952 | 4,138 | 4,422 | -10.5% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to the Netherlands in 2022:
- Belgium (1290.0 tons)
- Czech Republic (1217.0 tons)
- Malta (191.9 tons)
- Germany (156.3 tons)
- Colombia (126.0 tons)
- Paraguay (121.8 tons)
- Costa Rica (83.0 tons)
- France (43.8 tons)
- Austria (3.6 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands
For the third year in a row, the Netherlands recorded decline in shipments abroad of raw cane sugar (without flavoring or coloring matter), which decreased by -11.4% to 656 tons in 2022. In general, exports faced a dramatic shrinkage.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) declined significantly to $1.2M in 2022. Overall, exports recorded a significant curtailment. The smallest decline of -21.5% was in 2021.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 369 | 310 | 296 | 433 | 5.5% |
| Germany | 585 | 607 | 367 | 305 | -19.5% |
| Austria | 208 | 205 | 126 | 132 | -14.1% |
| France | 1,697 | 334 | 180 | 99.5 | -61.2% |
| United Kingdom | 655 | 439 | 230 | 59.6 | -55.0% |
| Italy | 82.7 | 32.9 | 25.9 | 48.1 | -16.5% |
| Czech Republic | 84.9 | 9.3 | 17.4 | 28.8 | -30.3% |
| Others | 91.8 | 65.3 | 330 | 93.9 | 0.8% |
| Total | 3,774 | 2,002 | 1,572 | 1,199 | -31.8% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from the Netherlands in 2022:
- Belgium (250.2 tons)
- Germany (171.6 tons)
- Austria (70.5 tons)
- France (47.6 tons)
- United Kingdom (28.6 tons)
- Italy (25.9 tons)
- Czech Republic (13.0 tons)
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