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

Contents:

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

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

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,105 per ton, with an increase of 26% against the previous year. In general, the import price, however, showed a deep slump. Over the period under review, average import prices reached the peak figure at $4,037 per ton in 2013; however, from 2014 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 China ($1,627 per ton), while the price for the United Arab Emirates ($169 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for sugars; fructose, chemically pure, in solid form stood at $281 per ton in 2022, jumping by 28% against the previous year. In general, the export price, however, saw a deep slump. The export price peaked at $574 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to -6.9% per year.

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

In 2022, supplies from abroad of sugars; fructose, chemically pure, in solid form decreased by -34.2% to 36 tons, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. As a result, imports reached the peak of 278 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of sugars; fructose, chemically pure, in solid form dropped dramatically to $28K in 2022. Overall, imports saw a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 69% against the previous year. As a result, imports attained the peak of $254K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. United Arab Emirates (11.7 tons)
2. Germany (11.4 tons)
3. Turkey (10.2 tons)
4. China (3.2 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of sugars; fructose, chemically pure, in solid form, when their volume decreased by -49.7% to 60 tons. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 240% against the previous year. As a result, the exports reached the peak of 120 tons, and then contracted sharply in the following year.

In value terms, exports of sugars; fructose, chemically pure, in solid form shrank markedly to $17K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 136% against the previous year. As a result, the exports attained the peak of $26K, and then fell rapidly in the following year.

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

1. Iraq (60.3 tons)

Source: IndexBox Market Intelligence Platform