Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria (FOB) - 2023
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $1,792 per ton, declining by -10% against the previous year. Overall, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 22%. Over the period under review, average import prices attained the maximum at $2,464 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,962 per ton), while the price for the Czech Republic ($1,274 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria (FOB) - 2023
In October 2023, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $8,029 per ton, rising by 319% against the previous month. In general, the export price recorded a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Switzerland ($9,080 per ton), while the average price for exports to Norway stood at $7,846 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.9%), 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 Austria
Imports of raw cane sugar (without flavoring or coloring matter) into Austria contracted remarkably to 283 tons in 2022, waning by -43.9% on the year before. Overall, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 504 tons, and then dropped markedly in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) fell markedly to $507K in 2022. In general, imports faced a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of $1M, and then declined remarkably in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 217 | 591 | 726 | 362 | 18.6% |
| Netherlands | 95.6 | 51.0 | 103 | 95.2 | -0.1% |
| Czech Republic | 18.4 | N/A | 12.0 | 42.1 | 31.8% |
| Argentina | 114 | 6.7 | 3.6 | N/A | -82.2% |
| Switzerland | 153 | 10.4 | 0.1 | N/A | -97.4% |
| Brazil | 241 | 134 | 46.7 | N/A | -56.0% |
| Others | 23.4 | 14.8 | 114 | 8.2 | -29.5% |
| Total | 862 | 808 | 1,005 | 507 | -16.2% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Austria in 2022:
- Germany (184.3 tons)
- Netherlands (61.5 tons)
- Czech Republic (33.1 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria
In 2022, the amount of raw cane sugar (without flavoring or coloring matter) exported from Austria soared to 413 tons, growing by 47% compared with 2021 figures. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) skyrocketed to $258K in 2022. Overall, exports, however, continue to indicate a abrupt decrease.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 314 | 274 | 183 | 252 | -7.1% |
| Others | 76.1 | 62.7 | 13.7 | 5.6 | -58.1% |
| Total | 390 | 337 | 197 | 258 | -12.9% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Austria in 2022:
- Germany (411.0 tons)
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