Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belgium - 2023
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belgium (CIF) - 2023
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belgium (FOB) - 2023
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Belgium
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Belgium
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belgium (CIF) - 2023
The average import price for sugars; fructose, chemically pure, in solid form stood at $1,824 per ton in September 2023, remaining relatively unchanged against the previous month. Over the last nine-month period, it increased at an average monthly rate of +5.5%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 36% m-o-m. Over the period under review, average import prices hit record highs at $1,877 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Israel ($1,850 per ton), while the price for Turkey amounted to $1,729 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belgium (FOB) - 2023
The average export price for sugars; fructose, chemically pure, in solid form stood at $1,836 per ton in September 2023, therefore, remained relatively stable against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +5.8%. The pace of growth appeared the most rapid in January 2023 an increase of 39% m-o-m. The export price peaked in September 2023.
As there is only one major export destination, the average price level is determined by prices for the UK.
From December 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +6.7% per month.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Belgium
In 2022, approx. 8.2K tons of sugars; fructose, chemically pure, in solid form were imported into Belgium; growing by 27% against 2021 figures. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 289% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $8.6M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 181%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 0.1 | 1.4 | 2.0 | 3.8 | 236.2% |
| Turkey | 0.5 | 2.1 | 2.2 | 3.6 | 93.1% |
| Netherlands | 0.7 | 0.6 | 0.5 | 0.5 | -10.6% |
| Bulgaria | N/A | 0.2 | 0.3 | 0.3 | 22.5% |
| Others | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
| Total | 1.6 | 4.6 | 5.2 | 8.6 | 75.2% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Belgium in 2022:
- Israel (3.8K tons)
- Turkey (3.6K tons)
- Bulgaria (0.4K tons)
- Netherlands (0.2K tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Belgium
For the fourth consecutive year, Belgium recorded growth in overseas shipments of sugars; fructose, chemically pure, in solid form, which increased by 21% to 6.6K tons in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,787% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of sugars; fructose, chemically pure, in solid form soared to $6.9M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,338%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Sugars; Fructose, Chemically Pure, in Solid Form in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 47.1 | 2,755 | 3,792 | 6,350 | 412.8% |
| France | 64.8 | 729 | 355 | 126 | 24.8% |
| Netherlands | 71.3 | 63.5 | 155 | 107 | 14.5% |
| United Kingdom | 31.6 | 59.0 | 95.1 | 96.4 | 45.0% |
| Others | 40.8 | 68.3 | 76.3 | 249 | 82.7% |
| Total | 256 | 3,675 | 4,474 | 6,929 | 200.2% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Belgium in 2022:
- Germany (6.2K tons)
- United Kingdom (0.1K tons)
- France (0.1K tons)
- Netherlands (0.1K tons)
624
This report provides an in-depth analysis of the fructose market in Belgium.
455
This report provides an in-depth analysis of the maltodextrine market in Belgium.
403
This report provides an in-depth analysis of the caramel market in Belgium.
524
This report provides an in-depth analysis of the glucose market in Belgium.
413
This report provides an in-depth analysis of the lactose market in Belgium.
237
This report provides an in-depth analysis of the caramel market in Belgium.
277
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Belgium.
2029
This report provides an in-depth analysis of the global fructose market.
721
This report provides an in-depth analysis of the global maltodextrine market.
1704
This report provides an in-depth analysis of the global caramel market.
146
Discover the top import markets for fructose around the globe and learn about the key countries driving the demand for this natural sweetener. Find out the latest import values and trends in the industry.
582
Global imports of fructose and fructose syrup rose by +8.6% y-o-y to 4M tons in 2020. China has extraordinarily increased fructose purchases sixfold, driving out the leading importer, Mexico, from the first to the second place in the global import ranking. Thailand, Vietnam and Myanmar remain the key suppliers of fructose to China. Outside these countries, Indonesia saw the highest growth rate in terms of supplies to China.
135
Explore the top import markets for maltodextrine in 2023, including China, Germany, Netherlands, and others. Learn about key statistics and trends driving the global trade of this versatile ingredient.
736
The global caramel market revenue amounted to $3.8B in 2018, picking up by 12% against the previous year. This figure refl...
350
Explore the top import markets for glucose worldwide, including Germany, United States, Mexico, Netherlands, and United Kingdom. Discover key statistics and market insights provided by the IndexBox market intelligence platform.
611
Explore the top import markets for caramel worldwide, including China, Germany, the United States, the Netherlands, and Indonesia. Get key statistics and data from the IndexBox market intelligence platform.
146
Discover the top import markets for fructose around the globe and learn about the key countries driving the demand for this natural sweetener. Find out the latest import values and trends in the industry.
582
Global imports of fructose and fructose syrup rose by +8.6% y-o-y to 4M tons in 2020. China has extraordinarily increased fructose purchases sixfold, driving out the leading importer, Mexico, from the first to the second place in the global import ranking. Thailand, Vietnam and Myanmar remain the key suppliers of fructose to China. Outside these countries, Indonesia saw the highest growth rate in terms of supplies to China.
135
Explore the top import markets for maltodextrine in 2023, including China, Germany, Netherlands, and others. Learn about key statistics and trends driving the global trade of this versatile ingredient.
736
The global caramel market revenue amounted to $3.8B in 2018, picking up by 12% against the previous year. This figure refl...
