Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia (CIF) - 2022
In December 2022, the average import price for raw cane sugar (without flavoring or coloring matter, other) amounted to $511 per ton, dropping by -23.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 321% against the previous month. Over the period under review, average import prices hit record highs at $2,013 per ton in April 2022; however, from May 2022 to December 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From December 2021 to December 2022, the rate of growth in terms of prices for Brazil amounted to +1.0% per month.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter, other) stood at $412 per ton in 2022, waning by -45.5% against the previous year. In general, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices hit record highs at $3,419 per ton in 2012; however, from 2013 to 2022, 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 France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -19.1% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia
In 2022, purchases abroad of raw cane sugar (without flavoring or coloring matter, other) decreased by -41.5% to 104K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 95%. As a result, imports reached the peak of 282K 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 $51M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 88% against the previous year. As a result, imports attained the peak of $80M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 27.8 | 67.5 | 41.7 | 51.2 | 22.6% |
Mexico | 5.0 | N/A | N/A | N/A | 0% |
Guatemala | 9.6 | 12.3 | 16.5 | N/A | 31.1% |
Others | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
Total | 42.5 | 80.1 | 58.4 | 51.4 | 6.5% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Tunisia in 2022:
- Brazil (103.8K tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia
In 2022, the amount of raw cane sugar (without flavoring or coloring matter, other) exported from Tunisia soared to 15 tons, growing by 53% on 2021. In general, exports, however, faced a deep setback.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) fell rapidly to $6K in 2022. Overall, exports, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year.
Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Tunisia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 24.1 | 3.7 | 7.2 | 6.0 | -37.1% |
Burkina Faso | N/A | 1.1 | N/A | N/A | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 24.1 | 4.8 | 7.3 | 6.0 | -37.1% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Tunisia in 2022:
- France (14.6 tons)
This report provides an in-depth analysis of the sugar market in Tunisia.
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