Price for Sugars; Fructose, Chemically Pure, in Solid Form in Serbia - 2024

Contents:

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

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

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,312 per ton, jumping by 64% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $1,392 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,086 per ton), while the price for Turkey ($1,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for sugars; fructose, chemically pure, in solid form stood at $1,664 per ton in 2022, picking up by 17% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 42%. The export price peaked at $2,220 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,311 per ton), while the average price for exports to Montenegro ($881 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 Albania (+7.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 207 tons of sugars; fructose, chemically pure, in solid form were imported into Serbia; declining by -45.5% on the previous year's figure. Over the period under review, imports faced a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 21%.

In value terms, imports of sugars; fructose, chemically pure, in solid form reduced to $272K in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.

Import of Sugars; Fructose, Chemically Pure, in Solid Form in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey353247301206-16.4%
DenmarkN/AN/AN/A27.70%
ChinaN/AN/AN/A20.70%
Israel8.9N/A0.514.417.4%
Others8.717.83.72.8-31.5%
Total370265305272-9.7%

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

  1. Turkey (167.4 tons)
  2. Denmark (19.9 tons)
  3. China (9.9 tons)
  4. Israel (7.2 tons)

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

In 2022, exports of sugars; fructose, chemically pure, in solid form from Serbia soared to 14 tons, picking up by 62% against the previous year's figure. Over the period under review, exports, however, faced a dramatic downturn.

In value terms, exports of sugars; fructose, chemically pure, in solid form skyrocketed to $23K in 2022. In general, exports, however, showed a abrupt downturn.

Export of Sugars; Fructose, Chemically Pure, in Solid Form in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AlbaniaN/A0.4N/A11.9445.4%
Bosnia and Herzegovina11.88.911.09.9-5.7%
Montenegro0.4N/A1.00.826.0%
SlovakiaN/A0.8N/AN/A0%
North Macedonia24.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total37.010.112.022.7-15.0%

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

  1. Albania (8.4 tons)
  2. Bosnia and Herzegovina (4.3 tons)
  3. Montenegro (1.0 tons)

Source: IndexBox Market Intelligence Platform

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