Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $741 per ton in 2022, with a decrease of -4.2% against the previous year. In general, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 261%. As a result, import price reached the peak level of $1,828 per ton. From 2020 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 Mauritius ($756 per ton), while the price for India totaled $296 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+57.8%), while the prices for the other major suppliers experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia (FOB) - 2022
In 2021, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $1,789 per ton, waning by -17.6% against the previous year. Over the period under review, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2013 an increase of 65% against the previous year. As a result, the export price reached the peak level of $3,564 per ton. From 2014 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($3,121 per ton), while the average price for exports to Kyrgyzstan ($1,666 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia
In 2022, imports of raw cane sugar (without flavoring or coloring matter) into Russia contracted notably to 80 tons, falling by -45.7% against the year before. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2,970% against the previous year. As a result, imports reached the peak of 148 tons, and then shrank sharply in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) declined significantly to $60K in 2022. In general, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 2,298% against the previous year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | N/A | N/A | N/A | 57.6 | 0% |
| India | N/A | 0.4 | 21.4 | 1.2 | 73.2% |
| Peru | N/A | 0.5 | 25.9 | N/A | 5080.0% |
| Colombia | 210 | 3.8 | 64.8 | N/A | -44.5% |
| Others | N/A | N/A | 2.2 | 0.7 | -68.2% |
| Total | 210 | 4.8 | 114 | 59.5 | -34.3% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Russia in 2022:
- Mauritius (76.2 tons)
- India (4.0 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia
Exports of raw cane sugar (without flavoring or coloring matter) from Russia soared to 8 tons in 2021, increasing by 203% compared with the previous year's figure. Overall, exports posted a significant expansion. As a result, the exports reached 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) surged to $14K in 2021. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Kyrgyzstan | N/A | N/A | 7.4 | 0% | |
| Belarus | N/A | 0.3 | 5.6 | 1766.7% | |
| Ukraine | 4.2 | 5.4 | 0.9 | -53.7% | |
| Others | N/A | N/A | 0.3 | 0% | |
| Total | 4.2 | 5.7 | 14.3 | 84.5% | |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Russia in 2022:
- Kyrgyzstan (4.5 tons)
- Belarus (3.1 tons)
- Ukraine (0.3 tons)
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