Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Qatar - 2023

Contents:

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

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

The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $614 per ton in 2022, which is down by -10.9% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by 100% against the previous year. Over the period under review, average import prices reached the peak figure at $3,863 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Mauritius ($2,075 per ton), while the price for India ($527 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of raw cane sugar (without flavoring or coloring matter, other) into Qatar skyrocketed to 7.8K tons, growing by 261% compared with the year before. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) soared to $4.8M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.20.50.93.8166.8%
Mauritius0.80.80.40.80.0%
Others0.10.20.10.10.0%
Total1.01.61.54.868.7%

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

  1. India (7.3K tons)
  2. Mauritius (0.4K tons)

Source: IndexBox Market Intelligence Platform

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