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

Contents:

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

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

The average import price for sugars; fructose, chemically pure, in solid form stood at $1,739 per ton in September 2023, declining by -4.5% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in January 2023 an increase of 19% month-to-month. Over the period under review, average import prices reached the peak figure at $2,025 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 the Czech Republic amounted to +6.1% per month.

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

The average export price for sugars; fructose, chemically pure, in solid form stood at $1,419 per ton in 2022, picking up by 16% against the previous year. Overall, the export price, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,717 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,403 per ton), while the average price for exports to the Czech Republic ($1,163 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 Croatia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 3.9K tons of sugars; fructose, chemically pure, in solid form were imported into Poland; surging by 17% compared with 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $4.7M in 2022. In general, imports saw significant growth. 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 Poland in 2022:

1. Turkey (1243.0 tons)
2. Czech Republic (578.9 tons)
3. Netherlands (565.0 tons)
4. Bulgaria (409.1 tons)
5. Belgium (325.8 tons)
6. Finland (186.0 tons)
7. Ireland (140.6 tons)
8. Germany (94.8 tons)

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

Exports of sugars; fructose, chemically pure, in solid form from Poland reached 285 tons in 2022, increasing by 4.1% against 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,928%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of sugars; fructose, chemically pure, in solid form skyrocketed to $404K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,967%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Austria (85.7 tons)
2. Germany (57.4 tons)
3. Lithuania (27.5 tons)
4. Czech Republic (27.4 tons)
5. Netherlands (24.7 tons)
6. Belarus (21.4 tons)
7. Italy (16.1 tons)
8. United Kingdom (14.4 tons)

Source: IndexBox Market Intelligence Platform