Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina (FOB) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina (CIF) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $516 per ton, waning by -18.9% against the previous year. Over the period under review, the export price saw a slight decline. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. As a result, the export price reached the peak level of $636 per ton, and then reduced remarkably in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($537 per ton), while the average price for exports to Chile totaled $387 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.0%), while the prices for the other major destinations experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $1,288 per ton in 2022, falling by -3.1% against the previous year. In general, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2014 an increase of 57% against the previous year. As a result, import price reached the peak level of $2,930 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -1.6% per year.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter, other) were finally on the rise to reach 64K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a significant decrease.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) surged to $33M in 2022. Overall, exports, however, faced a abrupt decline.
Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.1 | 41.2 | 22.8 | 29.5 | 0.5% |
Chile | N/A | 0.3 | N/A | 3.4 | 236.7% |
Uruguay | 12.6 | 2.2 | N/A | N/A | -82.5% |
Canada | 7.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 48.9 | 43.7 | 22.8 | 32.9 | -12.4% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Argentina in 2022:
- United States (54.9K tons)
- Chile (8.8K tons)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina
In 2022, the amount of raw cane sugar (without flavoring or coloring matter, other) imported into Argentina skyrocketed to 485 tons, growing by 57% compared with the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 124%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) surged to $625K in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 148% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Paraguay | 81.5 | 160 | 407 | 624 | 97.1% |
Others | N/A | 5.8 | 2.5 | 0.9 | -60.6% |
Total | 81.5 | 165 | 410 | 625 | 97.2% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Argentina in 2022:
- Paraguay (484.5 tons)
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