Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $265 per ton in 2022, picking up by 4.7% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices reached the maximum at $565 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,022 per ton), while the price for India amounted to $265 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $801 per ton in 2022, declining by -25.2% against the previous year. Overall, the export price, however, posted a strong expansion. Over the period under review, the average export prices reached the maximum at $1,070 per ton in 2021, and then declined significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +21.0% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh
In 2022, supplies from abroad of raw cane sugar (without flavoring or coloring matter) increased by 1.3% to 43K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a mild shrinkage.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) rose markedly to $11M in 2022. Overall, imports, however, showed a abrupt shrinkage.
Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 13.4 | 11.8 | 10.6 | 11.3 | -5.5% |
Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
Total | 13.4 | 11.9 | 10.6 | 11.3 | -5.5% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Bangladesh in 2022:
- India (42.5K tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh
In 2022, the amount of raw cane sugar (without flavoring or coloring matter) exported from Bangladesh soared to 5.6 tons, growing by 508% on 2021 figures. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) surged to $4.5K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Singapore | 0.1 | 4.5 | 4400.0% | ||
United Arab Emirates | 0.5 | N/A | 0% | ||
Bahrain | 0.4 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 1.0 | 4.5 | 350.0% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Bangladesh in 2022:
- Singapore (5.6 tons)
This report provides an in-depth analysis of the sugar market in Bangladesh.
This report provides an in-depth analysis of the sugar market in Bangladesh.
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This report provides an in-depth analysis of the sugar market in Bangladesh.
This report provides an in-depth analysis of the sugar market in Bangladesh.
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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 ...
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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.