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

Contents:

  1. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Kazakhstan (CIF) - 2022
  2. Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Kazakhstan

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

In 2022, the average import price for raw cane sugar (without flavoring or coloring matter, other) amounted to $581 per ton, growing by 36% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 42% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($585 per ton), while the price for Mexico amounted to $499 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 275K tons of raw cane sugar (without flavoring or coloring matter, other) were imported into Kazakhstan; rising by 41% compared with the year before. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 174% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) skyrocketed to $160M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 291%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil34.114.262.315364.9%
MexicoN/AN/A11.86.5-44.9%
Cuba8.97.18.9N/A0.0%
OthersN/AN/AN/AN/A0%
Total43.121.383.016054.8%

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

  1. Brazil (262.3K tons)
  2. Mexico (13.0K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Raw Cane Sugar (without flavoring or coloring matter, other) - Kazakhstan