Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland - 2023

Contents:

1. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland (CIF) - 2022
2. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland (FOB) - 2022
3. Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland
4. Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland

Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland (CIF) - 2022

The average import price for raw cane sugar (without flavoring or coloring matter) stood at $1,373 per ton in 2022, with a decrease of -13.7% against the previous year. In general, the import price, however, saw a mild expansion. The pace of growth appeared the most rapid in 2014 an increase of 54%. Over the period under review, average import prices reached the maximum at $2,943 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 ($3,356 per ton), while the price for Bolivia totaled $1,291 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+0.2%).

Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland (FOB) - 2022

The average export price for raw cane sugar (without flavoring or coloring matter) stood at $9,553 per ton in 2021, growing by 4% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2014 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,655 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($10,125 per ton) and Sweden ($10,000 per ton), while the average price for exports to France ($9,000 per ton) and Belgium ($9,318 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland

For the third consecutive year, Finland recorded decline in overseas purchases of raw cane sugar (without flavoring or coloring matter), which decreased by -12.8% to 15 tons in 2022. Overall, imports continue to indicate a sharp descent. The smallest decline of -0.5% was in 2020.

In value terms, imports of raw cane sugar (without flavoring or coloring matter) declined dramatically to $20K in 2022. In general, imports recorded a precipitous decline. The smallest decline of -11.6% was in 2020.

Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Finland in 2022:

1. Bolivia (14.4 tons)
2. Netherlands (0.1 tons)

Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Finland

In 2021, approx. 103 kg of raw cane sugar (without flavoring or coloring matter) were exported from Finland; with a decrease of -46.1% compared with the year before. Overall, exports continue to indicate a precipitous slump. The smallest decline of -26.8% was in 2020.

In value terms, exports of raw cane sugar (without flavoring or coloring matter) shrank remarkably to $984 in 2021. In general, exports recorded a dramatic descent. The smallest decline of -23.5% was in 2020.

Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Finland in 2022:

1. Germany (35.0 kg)
2. Belgium (22.0 kg)
3. Sweden (16.0 kg)
4. Spain (15.0 kg)
5. Netherlands (8.0 kg)
6. France (7.0 kg)

Source: IndexBox Market Intelligence Platform