Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $564 per ton in 2022, growing by 2.7% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2018 an increase of 6.7%. The import price peaked at $625 per ton in 2012; however, from 2013 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 Japan ($2,114 per ton), while the price for the United Arab Emirates ($473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $561 per ton in 2022, picking up by 3.9% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 42% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,349 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,875 per ton), while the average price for exports to South Sudan ($424 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 Burundi (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya
In 2022, supplies from abroad of raw cane sugar (without flavoring or coloring matter) decreased by 99.9% to 11 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 14%. As a result, imports attained the peak of 97K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) declined remarkably to $6.1K in 2022. Over the period under review, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of $54M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.2 | 8.7 | 2.5 | N/A | -44.8% |
| Swaziland | 2.0 | 1.0 | 0.1 | N/A | -77.6% |
| Zimbabwe | 2.1 | 7.9 | 0.2 | N/A | -69.1% |
| India | N/A | N/A | N/A | N/A | 0% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 24.2 | 29.0 | 9.3 | N/A | -38.0% |
| Egypt | 8.7 | 5.4 | 0.2 | N/A | -84.8% |
| Others | 1.8 | 1.8 | 0.3 | N/A | -59.2% |
| Total | 47.0 | 53.9 | 12.7 | N/A | -48.0% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Kenya in 2022:
- United Arab Emirates (8.7 tons)
- India (1.8 tons)
- Japan (0.2 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter) were finally on the rise to reach 7.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw modest 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) soared to $4K in 2022. Overall, exports, however, recorded a noticeable descent.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 196 | 1,332 | 734 | 2,547 | 135.1% |
| Niger | N/A | N/A | N/A | 118 | 0% |
| Democratic Republic of the Congo | 176 | 122 | 48.0 | 15.0 | -56.0% |
| Uganda | N/A | 132 | N/A | N/A | 0% |
| Yemen | 3,763 | N/A | N/A | N/A | 0% |
| Others | 165 | 252 | 381 | 1,360 | 102.0% |
| Total | 4,300 | 1,838 | 1,163 | 4,040 | -2.1% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Kenya in 2022:
- South Sudan (6.0 tons)
- Niger (0.2 tons)
194
This report provides an in-depth analysis of the sugar market in Kenya.
2223
This report provides an in-depth analysis of the sugar market in Kenya.
814
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
168
This report provides an in-depth analysis of the global sugar market.
627
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
622
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
660
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
2599
This report provides an in-depth analysis of the global sugar market.
194
This report provides an in-depth analysis of the sugar market in Kenya.
2223
This report provides an in-depth analysis of the sugar market in Kenya.
1388
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 ...
1752
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
372
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.
1528
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.
1151
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
991
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1388
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 ...
1752
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
372
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.
1528
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.
