Price for Sugars; Fructose, Chemically Pure, in Solid Form in Ethiopia - 2022

Contents:

  1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Ethiopia (CIF) - 2022
  2. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Ethiopia

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

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $461 per ton, reducing by -25.3% against the previous year. Over the period under review, the import price recorded a dramatic contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $5,356 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,000 per ton), while the price for Belgium ($633 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced a decline.

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

Imports of sugars; fructose, chemically pure, in solid form into Ethiopia dropped remarkably to 154 kg in 2022, waning by -51.4% on 2021 figures. In general, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 3.6% against the previous year.

In value terms, imports of sugars; fructose, chemically pure, in solid form rose modestly to $325 in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage.

Import of Sugars; Fructose, Chemically Pure, in Solid Form in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6163.0136277-23.4%
Belgium1371.02.019.0-48.2%
Germany1381.07.08.0-61.3%
United StatesN/AN/A153N/A0%
IndiaN/A289N/AN/A0%
Others1962.012.021.0-52.5%
Total1,087296310325-33.1%

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

  1. Spain (121.0 kg)
  2. Belgium (30.0 kg)
  3. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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