Price for Sugars; Fructose, Chemically Pure, in Solid Form in Uruguay - 2023
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Uruguay (CIF) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Uruguay
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Uruguay (CIF) - 2022
In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $2,680 per ton, surging by 57% against the previous year. Overall, the import price saw a resilient increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 85%. As a result, import price attained the peak level of $3,021 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,204 per ton), while the price for China totaled $2,199 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Uruguay
In 2022, imports of sugars; fructose, chemically pure, in solid form into Uruguay amounted to 25 tons, growing by 7.2% on the year before. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of 25 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $55K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 91%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.4 | 44.0 | 17.4 | 38.7 | 39.0% |
| United States | 11.3 | 5.7 | 19.6 | 15.7 | 11.6% |
| Turkey | 1.9 | 3.2 | 1.1 | N/A | -23.9% |
| Others | 0.1 | 0.1 | 1.2 | 0.1 | 0.0% |
| Total | 27.7 | 53.0 | 39.3 | 54.6 | 25.4% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Uruguay in 2022:
- China (17.6 tons)
- United States (7.1 tons)
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