Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh (CIF) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh (FOB) - 2022
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $427 per ton, dropping by -5.4% against the previous year. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. The import price peaked at $680 per ton in 2012; however, from 2013 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 the United Arab Emirates ($2,329 per ton), while the price for Brazil ($385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.4%), while the prices for the other major suppliers experienced a decline.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh (FOB) - 2022
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $406 per ton in 2022, remaining stable against the previous year. Overall, the export price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2014 an increase of 2.3%. As a result, the export price attained the peak level of $593 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,924 per ton), while the average price for exports to Oman ($226 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 Germany (+43.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh
After three years of growth, overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -22.8% to 163K tons in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, imports reached the peak of 211K tons, and then declined markedly in the following year.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose shrank rapidly to $70M in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of $96M, and then reduced dramatically in the following year.
Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 19.8 | 38.5 | 88.0 | 62.1 | 46.4% |
Malaysia | 1.9 | 1.4 | 2.4 | 3.4 | 21.4% |
Australia | 2.9 | 2.4 | 2.6 | 1.8 | -14.7% |
Thailand | 7.5 | 0.4 | 0.8 | 0.9 | -50.7% |
Others | 1.1 | 1.4 | 1.7 | 1.5 | 10.9% |
Total | 33.1 | 44.1 | 95.5 | 69.8 | 28.2% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Bangladesh in 2022:
- India (150.2K tons)
- Malaysia (5.6K tons)
- Australia (3.1K tons)
- Thailand (2.1K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh
After three years of growth, shipments abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -4.4% to 315 tons in 2022. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 9.6% against the previous year. As a result, the exports attained the peak of 329 tons, and then declined modestly in the following year.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose contracted modestly to $128K in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 8.1% against the previous year. As a result, the exports reached the peak of $133K, and then dropped modestly in the following year.
Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | 14.5 | 47.6 | 228.3% |
Oman | N/A | 43.4 | 22.6 | 39.9 | -4.1% |
Canada | N/A | 38.2 | N/A | 28.3 | -13.9% |
United Kingdom | N/A | N/A | N/A | 9.5 | 0% |
Singapore | N/A | N/A | N/A | 1.2 | 0% |
New Zealand | 46.9 | N/A | N/A | N/A | 0% |
Saudi Arabia | N/A | N/A | 94.0 | N/A | 0% |
Bahrain | 66.6 | 40.4 | N/A | N/A | -39.3% |
Others | N/A | 0.6 | 1.4 | 1.1 | 35.4% |
Total | 113 | 123 | 133 | 128 | 4.2% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Bangladesh in 2022:
- Oman (176.4 tons)
- Italy (92.6 tons)
- Canada (34.4 tons)
- Singapore (5.4 tons)
- United Kingdom (5.0 tons)
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Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
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