Price for Sugars; Fructose, Chemically Pure, in Solid Form in Egypt - 2024

Contents:

1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Egypt (FOB) - 2022
2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Egypt (CIF) - 2022
3. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Egypt
4. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Egypt

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Egypt (FOB) - 2022

In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,063 per ton, with an increase of 41% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $1,133 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($1,063 per ton) and Romania ($1,063 per ton), while the average price for exports to Tunisia ($1,063 per ton) and Morocco ($1,063 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 Kenya (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Egypt (CIF) - 2022

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,253 per ton, growing by 37% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $2,059 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,300 per ton) and India ($1,253 per ton), while the price for China ($1,253 per ton) and Turkey ($1,253 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced a decline.

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Egypt

In 2022, approx. 782 tons of sugars; fructose, chemically pure, in solid form were exported from Egypt; increasing by 71% on 2021. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sugars; fructose, chemically pure, in solid form surged to $832K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Egypt in 2022:

1. United Arab Emirates (622.5 tons)
2. Morocco (40.8 tons)
3. Tunisia (33.4 tons)
4. Kenya (32.5 tons)
5. Iraq (31.6 tons)
6. Romania (15.3 tons)

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Egypt

Imports of sugars; fructose, chemically pure, in solid form into Egypt soared to 563 tons in 2022, rising by 1,614% compared with 2021. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sugars; fructose, chemically pure, in solid form skyrocketed to $706K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Egypt in 2022:

1. China (240.6 tons)
2. India (165.8 tons)
3. Finland (132.9 tons)
4. Turkey (24.0 tons)

Source: IndexBox Market Intelligence Platform