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

Contents:

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

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

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,453 per ton, increasing by 40% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sugars; fructose, chemically pure, in solid form increased by +91.2% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,394 per ton), while the price for Turkey ($1,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,356 per ton, growing by 51% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $1,384 per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($4,387 per ton), while the average price for exports to the Netherlands ($1,056 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 Austria (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of sugars; fructose, chemically pure, in solid form decreased by -59.4% to 554 tons, falling for the second year in a row after two years of growth. In general, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of sugars; fructose, chemically pure, in solid form declined remarkably to $795K in 2022. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 65%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Czech Republic (481.0 tons)
2. Turkey (19.8 tons)
3. Hungary (19.0 tons)
4. Netherlands (15.4 tons)
5. France (12.9 tons)

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

Exports of sugars; fructose, chemically pure, in solid form from Slovakia shrank notably to 112 tons in 2022, which is down by -88.3% compared with the previous year. In general, exports showed a dramatic setback. The smallest decline of -11.6% was in 2020.

In value terms, exports of sugars; fructose, chemically pure, in solid form reduced rapidly to $152K in 2022. Overall, exports continue to indicate a precipitous contraction. The smallest decline of -7.1% was in 2021.

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

1. Poland (47.7 tons)
2. Hungary (33.7 tons)
3. Netherlands (9.9 tons)
4. Italy (9.9 tons)
5. Austria (5.4 tons)
6. Germany (2.3 tons)
7. Czech Republic (2.0 tons)
8. Romania (1.0 tons)

Source: IndexBox Market Intelligence Platform