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

Contents:

1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Italy (CIF) - 2023
2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Italy (FOB) - 2022
3. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Italy
4. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Italy

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Italy (CIF) - 2023

In September 2023, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,777 per ton, with a decrease of -3.2% against the previous month. Over the last nine months, it increased at an average monthly rate of +3.3%. The growth pace was the most rapid in January 2023 an increase of 28% m-o-m. The import price peaked at $1,934 per ton in July 2023; however, from August 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 France amounted to +5.2% per month.

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

In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,588 per ton, jumping by 21% against the previous year. Overall, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 57%. Over the period under review, the average export prices attained the peak figure at $6,335 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,550 per ton), while the average price for exports to the Netherlands ($785 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 Spain (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of sugars; fructose, chemically pure, in solid form were finally on the rise to reach 12K tons after two years of decline. Overall, imports, however, continue to indicate a mild descent.

In value terms, imports of sugars; fructose, chemically pure, in solid form soared to $15M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Italy in 2022:

1. Turkey (9.2K tons)
2. Netherlands (0.9K tons)
3. Finland (0.9K tons)
4. Israel (0.7K tons)

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

In 2022, exports of sugars; fructose, chemically pure, in solid form from Italy skyrocketed to 827 tons, picking up by 86% compared with the previous year's figure. Over the period under review, exports continue to indicate significant growth. 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 surged to $1.3M in 2022. Overall, exports posted a significant expansion. 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 Italy in 2022:

1. Netherlands (315.3 tons)
2. Germany (239.6 tons)
3. Morocco (100.0 tons)
4. France (54.9 tons)
5. Switzerland (40.5 tons)
6. Spain (19.8 tons)
7. Croatia (13.9 tons)
8. Austria (8.5 tons)

Source: IndexBox Market Intelligence Platform