Price for Sugars; Fructose, Chemically Pure, in Solid Form in Greece - 2023

Contents:

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

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

The average import price for sugars; fructose, chemically pure, in solid form stood at $935 per ton in 2022, falling by -9.1% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the peak figure at $1,626 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,125 per ton), while the price for Austria ($522 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for sugars; fructose, chemically pure, in solid form stood at $1,493 per ton in 2022, dropping by -9.7% against the previous year. Over the period under review, the export price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of 27% against the previous year. Over the period under review, the average export prices attained the maximum at $2,359 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($2,609 per ton), while the average price for exports to Poland ($1,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (-0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was decline in purchases abroad of sugars; fructose, chemically pure, in solid form, when their volume decreased by -0.8% to 2.1K tons. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports reached the peak of 2.1K tons, leveling off in the following year.

In value terms, imports of sugars; fructose, chemically pure, in solid form expanded modestly to $2.2M in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

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

1. Turkey (1637.2 tons)
2. Bulgaria (173.9 tons)
3. Hungary (120.0 tons)
4. Israel (92.5 tons)
5. Austria (11.9 tons)

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

For the fourth year in a row, Greece recorded growth in shipments abroad of sugars; fructose, chemically pure, in solid form, which increased by 280% to 77 tons in 2022. Over the period under review, exports enjoyed significant growth. 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 soared to $115K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Poland (47.5 tons)
2. Albania (27.1 tons)
3. Cyprus (2.6 tons)

Source: IndexBox Market Intelligence Platform