Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $530 per ton in 2022, surging by 5.8% against the previous year. Over the period under review, the import price posted a noticeable expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 96% against the previous year. As a result, import price attained the peak level of $1,187 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,040 per ton), while the price for the UK ($145 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.5%), while the prices for the other major suppliers experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $359 per ton in 2022, surging by 3% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2017 an increase of 29% against the previous year. The export price peaked at $581 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($362 per ton), while the average price for exports to Afghanistan totaled $273 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (-0.8%).
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan
In 2022, imports of raw cane sugar (without flavoring or coloring matter) into Pakistan shrank rapidly to 2.5 tons, with a decrease of -37.7% against 2021. In general, imports, however, posted notable growth. The pace of growth appeared the most rapid in 2021 when imports increased by 214% against the previous year. As a result, imports attained the peak of 4 tons, and then declined remarkably in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) fell remarkably to $1.3K in 2022. Overall, imports, however, continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 215%. As a result, imports attained the peak of $2K, and then contracted notably in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,103 | 333 | 18.0 | 936 | -5.3% |
| United States | 114 | 27.0 | 24.0 | 261 | 31.8% |
| United Kingdom | 64.0 | 34.0 | 11.0 | 129 | 26.3% |
| India | N/A | N/A | 1,961 | N/A | 0% |
| Oman | N/A | 246 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,281 | 640 | 2,014 | 1,326 | 1.2% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Pakistan in 2022:
- United Arab Emirates (900.0 kg)
- United Kingdom (887.0 kg)
- United States (713.0 kg)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan
In 2022, exports of raw cane sugar (without flavoring or coloring matter) from Pakistan expanded rapidly to 3.9K tons, growing by 5.4% on the previous year. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 731% against the previous year. As a result, the exports reached the peak of 4.1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) rose notably to $1.4M in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 436% against the previous year. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 267 | 1,464 | 1,245 | 1,358 | 72.0% |
| Afghanistan | 11.6 | 36.1 | 34.3 | 31.3 | 39.2% |
| Others | 2.1 | 6.0 | 5.5 | 6.4 | 45.0% |
| Total | 281 | 1,506 | 1,285 | 1,395 | 70.6% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Pakistan in 2022:
- Ethiopia (3.7K tons)
- Afghanistan (0.1K tons)
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