Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia (FOB) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia (CIF) - 2022
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia (FOB) - 2022
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $538 per ton in February 2022, picking up by 2% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in June 2021 an increase of 50% against the previous month. As a result, the export price attained the peak level of $760 per ton. From July 2021 to February 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($962 per ton), while the average price for exports to Guyana ($376 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia (CIF) - 2022
In February 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $595 per ton, waning by -4.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 14% against the previous month. The import price peaked at $621 per ton in January 2022, and then declined slightly in the following month.
Average prices varied noticeably amongst the major supplying countries. In February 2022, the highest price was recorded for prices from Peru ($669 per ton) and Ecuador ($652 per ton), while the price for Nicaragua ($554 per ton) and Guatemala ($580 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia
In 2022, approx. 454K tons of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose were exported from Colombia; rising by 14% compared with the year before. In general, exports, however, saw a slight decrease.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $254M in 2022. Over the period under review, exports, however, continue to indicate a slight decline.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 49.0 | 79.5 | 47.9 | 54.5 | 3.6% |
| United States | 48.8 | 67.1 | 47.3 | 53.7 | 3.2% |
| Peru | 59.7 | 62.2 | 32.1 | 47.3 | -7.5% |
| Germany | 14.4 | 16.8 | 10.2 | 12.8 | -3.9% |
| Trinidad and Tobago | 4.5 | 6.2 | 10.5 | 11.9 | 38.3% |
| France | 5.3 | 10.6 | 7.9 | 8.9 | 18.9% |
| Jamaica | 5.1 | 5.3 | 7.5 | 8.5 | 18.6% |
| Ecuador | 9.3 | 8.5 | 7.3 | 8.3 | -3.7% |
| Haiti | 0.8 | 3.2 | 7.1 | 8.0 | 115.4% |
| Dominican Republic | 0.6 | 2.6 | 3.6 | 4.0 | 88.2% |
| Others | 65.6 | 41.3 | 24.6 | 36.6 | -17.7% |
| Total | 263 | 303 | 206 | 254 | -1.2% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Colombia in 2022:
- Chile (120.3K tons)
- Peru (105.2K tons)
- United States (82.9K tons)
- Trinidad and Tobago (22.9K tons)
- Ecuador (16.6K tons)
- Jamaica (16.4K tons)
- Haiti (14.1K tons)
- Germany (13.6K tons)
- France (8.4K tons)
- Dominican Republic (7.4K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia
In 2022, approx. 226K tons of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose were imported into Colombia; with an increase of 25% against the previous year's figure. Over the period under review, imports, however, saw a perceptible setback.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $97M in 2022. Overall, imports, however, saw a abrupt contraction.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 38.9 | 40.6 | 39.0 | 42.8 | 3.2% |
| Peru | 45.9 | 32.5 | 15.2 | 25.2 | -18.1% |
| Brazil | 5.8 | 37.2 | 10.3 | 14.5 | 35.7% |
| Ecuador | 19.0 | 3.6 | 3.7 | 7.0 | -28.3% |
| Nicaragua | 0.9 | 1.0 | 4.2 | 4.7 | 73.5% |
| Guatemala | 2.5 | 2.6 | 2.3 | 2.6 | 1.3% |
| Others | 0.4 | N/A | 1.2 | N/A | 73.2% |
| Total | 113 | 117 | 76.0 | 96.7 | -5.1% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Colombia in 2022:
- Bolivia (93.2K tons)
- Peru (58.0K tons)
- Brazil (42.8K tons)
- Ecuador (16.7K tons)
- Nicaragua (10.4K tons)
- Guatemala (5.2K tons)
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