Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Bangladesh - 2022

Contents:

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

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

The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $311 per ton in 2022, reducing by -8.9% against the previous year. In general, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21% against the previous year. The import price peaked at $547 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($326 per ton), while the price for Brazil amounted to $305 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-5.8%).

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

In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $845 per ton, shrinking by -12.1% against the previous year. In general, the export price, however, recorded a mild expansion. The pace of growth was the most pronounced in 2021 an increase of 65%. As a result, the export price reached the peak level of $961 per ton, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to +1.2% per year.

Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Bangladesh

Imports of raw cane sugar (without flavoring or coloring matter, other) into Bangladesh amounted to 2.3M tons in 2022, surging by 2.9% on 2021. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 13%. As a result, imports attained the peak of 2.4M tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) declined to $727M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 15%.

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

1. Brazil (1662.6K tons)
2. India (676.9K tons)

Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Bangladesh

Exports of raw cane sugar (without flavoring or coloring matter, other) from Bangladesh dropped dramatically to 41 tons in 2022, declining by -27.7% compared with 2021. Overall, exports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2021 with an increase of 124% against the previous year. As a result, the exports attained the peak of 56 tons, and then shrank remarkably in the following year.

In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) shrank dramatically to $34K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 269%. As a result, the exports reached the peak of $54K, and then contracted significantly in the following year.

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

1. Nepal (40.8 tons)

Source: IndexBox Market Intelligence Platform