Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $802 per ton, with an increase of 1.6% against the previous year. Over the period under review, the import price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by 77% against the previous year. Over the period under review, average import prices reached the maximum at $1,152 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -0.2% per year.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece (FOB) - 2022
In 2022, the average export price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $5,196 per ton, growing by 13% against the previous year. Overall, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2013 an increase of 84% against the previous year. As a result, the export price reached the peak level of $11,877 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($6,264 per ton) and Albania ($4,800 per ton), while the average price for exports to Cyprus ($4,356 per ton) and Bulgaria ($4,626 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+3.7%), while the prices for the other major destinations experienced a decline.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece
In 2022, purchases abroad of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -4.9% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 118% against the previous year. As a result, imports attained the peak of 2.3K tons, and then reduced in the following year.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) reduced to $1.8M in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 105% against the previous year. As a result, imports attained the peak of $1.8M, and then dropped in the following year.
Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 410 | 739 | 1,791 | 1,727 | 61.5% |
Belgium | N/A | 123 | N/A | N/A | 0% |
Others | 46.3 | 32.6 | 42.8 | 44.6 | -1.2% |
Total | 456 | 894 | 1,834 | 1,772 | 57.2% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Greece in 2022:
- France (2.2K tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece
In 2022, exports of refined cane or beet sugar (with added flavoring or coloring matter) from Greece shrank dramatically to 2.9 tons, which is down by -92.7% compared with the previous year. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,953%. As a result, the exports attained the peak of 40 tons, and then fell sharply in the following year.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) reduced remarkably to $15K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,269%. As a result, the exports attained the peak of $184K, and then contracted remarkably in the following year.
Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Albania | 5.6 | 0.1 | 12.7 | 10.8 | 24.5% |
Australia | N/A | N/A | N/A | 1.8 | 0% |
Cyprus | 2.4 | N/A | 170 | 1.1 | -22.9% |
Bulgaria | N/A | N/A | 0.5 | 0.6 | 20.0% |
Oman | N/A | 7.7 | 0.2 | N/A | -97.4% |
Others | 0.2 | N/A | N/A | 1.0 | 71.0% |
Total | 8.2 | 7.8 | 184 | 15.2 | 22.8% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Greece in 2022:
- Albania (2250.0 kg)
- Australia (280.0 kg)
- Cyprus (247.0 kg)
- Bulgaria (123.0 kg)
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