Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium (FOB) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium (CIF) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $743 per ton, falling by -57.3% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 60%. As a result, the export price reached the peak level of $1,853 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($2,096 per ton), while the average price for exports to the UK ($543 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 Greece (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $2,012 per ton in 2022, picking up by 31% against the previous year. Over the period under review, the import price saw noticeable growth. The pace of growth was the most pronounced in 2021 an increase of 43%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
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 Germany ($2,500 per ton), while the price for Italy ($911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium
In 2022, exports of raw cane sugar (without flavoring or coloring matter) from Belgium soared to 2.4K tons, rising by 2,014% on 2021 figures. In general, exports showed a significant expansion. 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 $1.8M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 523 | 0% |
| Czech Republic | N/A | N/A | N/A | 516 | 0% |
| Poland | N/A | N/A | 4.7 | 193 | 4006.4% |
| Germany | 0.5 | N/A | N/A | 159 | 582.6% |
| Bulgaria | N/A | N/A | N/A | 154 | 0% |
| Greece | N/A | N/A | 0.3 | 123 | 40900.0% |
| Luxembourg | 64.7 | 135 | 107 | 68.6 | 2.0% |
| Netherlands | 62.4 | 90.6 | 47.9 | 37.0 | -16.0% |
| France | 128 | 108 | 23.3 | 21.8 | -44.6% |
| Others | 28.2 | 16.4 | 17.9 | 18.3 | -13.4% |
| Total | 284 | 350 | 201 | 1,814 | 85.5% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Belgium in 2022:
- Italy (926.5 tons)
- Czech Republic (764.5 tons)
- Germany (255.9 tons)
- Bulgaria (218.0 tons)
- Poland (130.6 tons)
- Greece (58.6 tons)
- Luxembourg (31.2 tons)
- France (28.0 tons)
- Netherlands (20.0 tons)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium
For the third year in a row, Belgium recorded decline in purchases abroad of raw cane sugar (without flavoring or coloring matter), which decreased by -42.7% to 501 tons in 2022. In general, imports saw a sharp curtailment. The smallest decline of -37.5% was in 2021.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) shrank notably to $1M in 2022. Overall, imports saw a precipitous curtailment. The smallest decline of -10.7% was in 2021.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 180 | 312 | 506 | 498 | 40.4% |
| France | 738 | 158 | 264 | 248 | -30.5% |
| Germany | 257 | 355 | 33.4 | 193 | -9.1% |
| Philippines | N/A | 89.7 | 39.3 | 42.9 | -30.8% |
| Italy | 337 | 289 | 369 | 15.1 | -64.5% |
| United Kingdom | 191 | 50.4 | 0.1 | N/A | -97.7% |
| Malta | 223 | N/A | 114 | N/A | -28.5% |
| Others | 46.5 | 246 | 13.9 | 11.4 | -37.4% |
| Total | 1,972 | 1,500 | 1,339 | 1,008 | -20.0% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Belgium in 2022:
- Netherlands (223.0 tons)
- France (158.6 tons)
- Germany (77.1 tons)
- Philippines (19.0 tons)
- Italy (16.6 tons)
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