Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden (FOB) - 2023
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden (CIF) - 2023
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden (FOB) - 2023
The average export price for raw cane sugar (without flavoring or coloring matter, other) stood at $4,609 per ton in October 2023, growing by 87% against the previous month. Overall, the export price, however, recorded a deep reduction. The export price peaked at $9,704 per ton in October 2022; however, from November 2022 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From October 2022 to October 2023, the rate of growth in terms of prices for Norway amounted to +4.5% per month.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden (CIF) - 2023
In October 2023, the average import price for raw cane sugar (without flavoring or coloring matter, other) amounted to $1,646 per ton, increasing by 32% against the previous month. In general, the import price continues to indicate a pronounced increase. The pace of growth was the most pronounced in November 2022 when the average import price increased by 107% against the previous month. The import price peaked at $2,373 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From October 2022 to October 2023, the rate of growth in terms of prices for Mauritius amounted to +8.3% per month.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden
In 2022, shipments abroad of raw cane sugar (without flavoring or coloring matter, other) was finally on the rise to reach 1.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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, other) surged to $3.5M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 520 | 550 | 506 | 1,634 | 46.5% |
| Denmark | 1,102 | 1,021 | 940 | 987 | -3.6% |
| Slovakia | 178 | 130 | 116 | 313 | 20.7% |
| Germany | 134 | 182 | 201 | 181 | 10.5% |
| Estonia | 144 | 131 | 107 | 142 | -0.5% |
| Norway | 69.0 | 64.5 | 61.1 | 90.9 | 9.6% |
| Lithuania | 103 | 78.1 | 81.5 | 63.3 | -15.0% |
| Others | 32.1 | 0.2 | 27.2 | 50.6 | 16.4% |
| Total | 2,284 | 2,157 | 2,040 | 3,461 | 14.9% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Sweden in 2022:
- Finland (848.5 tons)
- Denmark (444.2 tons)
- Slovakia (184.0 tons)
- Germany (82.0 tons)
- Estonia (77.0 tons)
- Lithuania (32.0 tons)
- Norway (28.0 tons)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden
In 2022, purchases abroad of raw cane sugar (without flavoring or coloring matter, other) was finally on the rise to reach 2.2K tons after two years of decline. Over the period under review, imports, however, showed a sharp decrease.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) surged to $2.8M in 2022. In general, imports, however, continue to indicate a significant decrease.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 0.4 | 0.4 | 0.5 | 1.2 | 44.2% |
| Malawi | 1.2 | 0.9 | 0.8 | 0.6 | -20.6% |
| Netherlands | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Germany | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Finland | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Slovakia | 0.5 | 0.2 | N/A | 0.2 | -26.3% |
| Paraguay | 12.1 | 7.5 | N/A | N/A | -38.0% |
| Brazil | 4.5 | 0.1 | N/A | N/A | -97.8% |
| Others | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Total | 19.8 | 10.2 | 2.4 | 2.8 | -47.9% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Sweden in 2022:
- Mauritius (957.0 tons)
- Malawi (693.0 tons)
- Netherlands (174.0 tons)
- Germany (161.0 tons)
- Finland (155.0 tons)
- Slovakia (53.0 tons)
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