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

Contents:

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

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

In August 2023, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,719 per ton, with a decrease of -9.9% against the previous month. Over the period under review, import price indicated a modest expansion from December 2022 to August 2023: its price increased at an average monthly rate of +1.4% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for sugars; fructose, chemically pure, in solid form decreased by -9.9% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 97% month-to-month. As a result, import price attained the peak level of $3,028 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($4,256 per ton), while the price for Hungary ($1,532 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,603 per ton, surging by 60% against the previous year. Over the period under review, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 105% against the previous year. As a result, the export price attained the peak level of $1,934 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($1,693 per ton), while the average price for exports to Croatia stood at $1,015 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+2.6%).

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

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 -2.6% to 2.1K tons. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of 2.2K tons, and then reduced slightly in the following year.

In value terms, imports of sugars; fructose, chemically pure, in solid form shrank sharply to $6.8M in 2022. In general, imports faced a sharp contraction. The smallest decline of -2.8% was in 2020.

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

1. Ireland (1061.8 tons)
2. Bulgaria (686.5 tons)
3. Turkey (246.4 tons)
4. Hungary (85.1 tons)
5. Slovakia (0.6 tons)

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

In 2022, the amount of sugars; fructose, chemically pure, in solid form exported from Romania surged to 114 tons, growing by 495% on the previous year. Overall, exports enjoyed 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 skyrocketed to $182K in 2022. Over the period under review, exports recorded 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 Romania in 2022:

1. Poland (97.3 tons)
2. Croatia (15.2 tons)
3. Bulgaria (0.1 tons)

Source: IndexBox Market Intelligence Platform