Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina (FOB) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina (CIF) - 2022
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $1,524 per ton in 2022, picking up by 19% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for refined cane or beet sugar (with added flavoring or coloring matter) increased by +96.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 46% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +8.2% per year.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $976 per ton, with a decrease of -12.7% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of 39% against the previous year. The import price peaked at $2,846 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($2,817 per ton), while the price for South Korea ($275 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 States (-5.7%), while the prices for the other major suppliers experienced a decline.
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina
In 2022, shipments abroad of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -99.8% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 285%.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) shrank remarkably to $1.9K in 2022. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 335%.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 3.0 | 222 | 120 | 1.9 | -14.1% |
| Malaysia | 43.2 | 105 | 323 | N/A | 173.4% |
| Singapore | N/A | 18.2 | N/A | N/A | 0% |
| Canada | 50.2 | 74.5 | 39.9 | N/A | -10.8% |
| Others | 0.3 | 0.3 | 329 | N/A | 3211.6% |
| Total | 96.7 | 420 | 812 | 1.9 | -73.0% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Argentina in 2022:
- Chile (1.3 tons)
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina
In 2022, overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter) increased by 46% to 19 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep setback.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) skyrocketed to $19K in 2022. In general, imports, however, showed a abrupt decline.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 11.6 | 12.1 | 8.2 | 8.2 | -10.9% |
| United States | 0.8 | 1.4 | 1.6 | 5.7 | 92.4% |
| South Korea | 3.7 | 3.4 | 2.0 | 1.8 | -21.4% |
| Taiwan (Chinese) | 5.4 | 3.7 | 1.2 | 1.7 | -32.0% |
| China | 1.1 | 1.2 | 1.1 | 0.9 | -6.5% |
| Brazil | 0.7 | 0.7 | 0.4 | 0.4 | -17.0% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 24.2 | 22.6 | 14.5 | 18.6 | -8.4% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Argentina in 2022:
- South Korea (6.4 tons)
- Taiwan (Chinese) (3.6 tons)
- United States (3.5 tons)
- South Africa (2.9 tons)
- China (2.3 tons)
- Brazil (0.3 tons)
347
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Argentina.
251
This report provides an in-depth analysis of the sugar market in Argentina.
410
This report provides an in-depth analysis of the raw cane sugar market in Argentina.
415
This report provides an in-depth analysis of the refined cane sugar market in Argentina.
420
This report provides an in-depth analysis of the market for refined white cane sugar in Argentina.
637
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
201
This report provides an in-depth analysis of the global sugar market.
821
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
630
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
664
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
93
Discover the top import markets for sugar worldwide and the key statistics behind these markets. Learn about the leading countries importing sugar and their import values. Stay informed about the global sugar trade trends.
1399
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1760
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
395
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1546
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
1163
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
1000
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
93
Discover the top import markets for sugar worldwide and the key statistics behind these markets. Learn about the leading countries importing sugar and their import values. Stay informed about the global sugar trade trends.
1399
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1760
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
