Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic - 2023
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic (CIF) - 2022
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic (FOB) - 2023
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic
Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic (CIF) - 2022
The average import price for sugars; fructose, chemically pure, in solid form stood at $1,052 per ton in 2022, increasing by 7.9% against the previous year. Overall, the import price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2021 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $1,426 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,332 per ton), while the price for Slovakia ($588 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+44.4%), while the prices for the other major suppliers experienced a decline.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic (FOB) - 2023
The average export price for sugars; fructose, chemically pure, in solid form stood at $2,033 per ton in September 2023, reducing by -3% against the previous month. Over the last nine months, it increased at an average monthly rate of +4.4%. The most prominent rate of growth was recorded in January 2023 an increase of 37% month-to-month. Over the period under review, the average export prices reached the peak figure at $2,479 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($14,299 per ton), while the average price for exports to the Netherlands ($1,619 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in overseas purchases of sugars; fructose, chemically pure, in solid form, which increased by 22% to 5.6K tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.3% 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 +78.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $5.9M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,548 | 1,493 | 1,296 | 2,261 | 13.5% |
| Ukraine | N/A | 331 | 582 | 1,054 | 78.4% |
| Israel | 534 | 474 | 566 | 1,009 | 23.6% |
| Finland | 264 | 375 | 584 | 371 | 12.0% |
| Germany | 41.3 | 100 | 144 | 371 | 107.9% |
| Belgium | 23.0 | 150 | 366 | 260 | 124.4% |
| Netherlands | 1.7 | 163 | 204 | 195 | 385.9% |
| Slovakia | 134 | 371 | 287 | 29.3 | -39.8% |
| Others | 228 | 294 | 456 | 376 | 18.1% |
| Total | 2,774 | 3,750 | 4,485 | 5,925 | 28.8% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to the Czech Republic in 2022:
- Turkey (2743.7 tons)
- Israel (783.3 tons)
- Ukraine (768.9 tons)
- Germany (456.2 tons)
- Finland (346.0 tons)
- Netherlands (178.0 tons)
- Belgium (111.4 tons)
- Slovakia (49.9 tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic
In 2022, exports of sugars; fructose, chemically pure, in solid form from the Czech Republic surged to 2.7K tons, rising by 43% on the previous year. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 429% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of sugars; fructose, chemically pure, in solid form skyrocketed to $3.5M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 334% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Sugars; Fructose, Chemically Pure, in Solid Form in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 825 | 528 | 1,307 | 1,072 | 9.1% |
| Poland | 116 | N/A | 391 | 990 | 104.4% |
| Austria | 103 | 95.9 | 688 | 755 | 94.3% |
| Romania | 15.3 | N/A | 63.4 | 253 | 154.8% |
| Hungary | N/A | 1.5 | 84.3 | 180 | 995.4% |
| Estonia | N/A | N/A | N/A | 88.8 | 0% |
| Germany | 24.9 | 0.1 | 162 | 76.9 | 45.6% |
| Others | 28.4 | 16.6 | 96.0 | 90.7 | 47.3% |
| Total | 1,113 | 642 | 2,791 | 3,506 | 46.6% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from the Czech Republic in 2022:
- Slovakia (774.3 tons)
- Austria (753.4 tons)
- Poland (731.4 tons)
- Romania (162.1 tons)
- Hungary (144.8 tons)
- Germany (68.8 tons)
- Estonia (58.3 tons)
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