Price for Sugars; Fructose, Chemically Pure, in Solid Form in France - 2023
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in France (CIF) - 2023
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in France (FOB) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in France
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in France
Price for Sugars; Fructose, Chemically Pure, in Solid Form in France (CIF) - 2023
The average import price for sugars; fructose, chemically pure, in solid form stood at $1,882 per ton in September 2023, with a decrease of -4.9% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +3.7%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 41% m-o-m. Over the period under review, average import prices hit record highs at $2,327 per ton in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to September 2023, the rate of growth in terms of prices for Bulgaria amounted to +10.7% per month.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in France (FOB) - 2022
The average export price for sugars; fructose, chemically pure, in solid form stood at $1,495 per ton in 2022, remaining stable against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($4,172 per ton), while the average price for exports to Germany ($1,088 per ton) was amongst the lowest.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+57.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in France
In 2022, approx. 6.6K tons of sugars; fructose, chemically pure, in solid form were imported into France; which is down by -4.7% compared with the previous year. In general, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 0.8%.
In value terms, imports of sugars; fructose, chemically pure, in solid form rose notably to $7M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sugars; Fructose, Chemically Pure, in Solid Form in France (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | N/A | 190 | 1,293 | 2,189 | 239.4% |
Turkey | 2,824 | 1,269 | 1,040 | 2,144 | -8.8% |
Netherlands | 628 | 1,953 | 2,296 | 1,325 | 28.3% |
Finland | 907 | 438 | 475 | 425 | -22.3% |
Germany | 765 | 934 | 218 | 317 | -25.4% |
Slovakia | 968 | 1,078 | 805 | 110 | -51.6% |
Israel | 133 | 68.0 | 147 | 101 | -8.8% |
Spain | 135 | 208 | 143 | 79.3 | -16.3% |
Others | 151 | 116 | 173 | 351 | 32.5% |
Total | 6,510 | 6,255 | 6,591 | 7,043 | 2.7% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to France in 2022:
- Bulgaria (2690.1 tons)
- Turkey (2253.1 tons)
- Netherlands (818.6 tons)
- Finland (276.8 tons)
- Germany (160.5 tons)
- Slovakia (104.6 tons)
- Israel (100.0 tons)
- Spain (69.9 tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in France
Exports of sugars; fructose, chemically pure, in solid form from France soared to 289 tons in 2022, growing by 161% on 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of sugars; fructose, chemically pure, in solid form soared to $433K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Sugars; Fructose, Chemically Pure, in Solid Form in France (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Italy | 6.3 | 173 | 2646.0% | ||
Portugal | 6.8 | 67.0 | 885.3% | ||
Spain | 1.0 | 53.1 | 5210.0% | ||
Netherlands | 109 | 38.4 | -64.8% | ||
South Korea | 0.1 | 36.3 | 36200.0% | ||
United Kingdom | 0.5 | 8.5 | 1600.0% | ||
Germany | 3.2 | 7.5 | 134.4% | ||
Belgium | 15.6 | 5.6 | -64.1% | ||
Others | 20.3 | 43.0 | 111.8% | ||
Total | 163 | 433 | 165.6% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from France in 2022:
- Italy (123.3 tons)
- Portugal (52.4 tons)
- Spain (42.0 tons)
- Netherlands (28.5 tons)
- South Korea (15.6 tons)
- Germany (6.9 tons)
- United Kingdom (6.1 tons)
- Belgium (1.3 tons)
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From October 2023 to December 2023, the growth of Glucose exports remained stagnant, with a significant drop in value to $34M in December 2023.
The pace of growth for Glucose appeared to be the most rapid in September 2023 with a 61% month-on-month increase. In terms of value, Glucose exports experienced a rapid decline to $10M in October 2023.
In November 2022, the glucose price stood at $636 per ton (FOB, France), growing by 1.6% against the previous month.
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