Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,186 per ton, with a decrease of -3.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs at $3,200 per ton in 2015; however, from 2016 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 Russia ($3,800 per ton), while the price for Kyrgyzstan stood at $63 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.7%), while the prices for the other major suppliers experienced a decline.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $529 per ton in 2022, approximately reflecting the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 75%. As a result, the export price reached the peak level of $1,229 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +0.1% per year.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan
After three years of growth, overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -26.8% to 109 tons in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 118%.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) dropped rapidly to $239K in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 97% against the previous year. As a result, imports attained the peak of $370K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 108 | 209 | 264 | 233 | 29.2% |
| Kyrgyzstan | N/A | N/A | N/A | 3.0 | 0% |
| Hungary | 12.5 | 39.4 | 24.4 | N/A | 39.7% |
| Germany | 7.9 | 24.8 | 15.4 | N/A | 39.6% |
| United States | 44.5 | 76.8 | 24.3 | N/A | -26.1% |
| Others | 15.1 | 20.4 | 10.0 | 3.2 | -40.4% |
| Total | 188 | 370 | 338 | 239 | 8.3% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Kazakhstan in 2022:
- Russia (61.3 tons)
- Kyrgyzstan (47.3 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan
In 2022, after two years of decline, there was significant growth in shipments abroad of refined cane or beet sugar (with added flavoring or coloring matter), when their volume increased by 12% to 29 tons. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) expanded significantly to $15K in 2022. In general, exports, however, continue to indicate a deep contraction.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 21.2 | 17.0 | 13.6 | 15.3 | -10.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.3 | 17.0 | 13.6 | 15.3 | -10.4% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Kazakhstan in 2022:
- Afghanistan (29.0 tons)
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