Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia (CIF) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia (FOB) - 2022
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia (CIF) - 2022
The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $565 per ton in 2022, picking up by 29% against the previous year. Over the period under review, the import price, however, saw a slight slump. Over the period under review, average import prices hit record highs at $675 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Saudi Arabia ($730 per ton) and Egypt ($641 per ton), while the price for the United Arab Emirates ($504 per ton) and India ($529 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia (FOB) - 2022
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $7,353 per ton in 2022, picking up by 1,030% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ireland.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -39.9% per year.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia
After two years of decline, purchases abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by 751% to 123K tons in 2022. Over the period under review, imports, however, faced a precipitous setback.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $69M in 2022. In general, imports, however, recorded a sharp decrease.
Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 49.9 | 7.3 | 2.0 | 44.2 | -4.0% |
Egypt | 1.9 | 0.2 | N/A | 14.0 | 94.6% |
Saudi Arabia | 0.2 | 0.1 | N/A | 5.3 | 198.1% |
United Arab Emirates | 59.1 | 18.8 | 2.4 | 3.9 | -59.6% |
Thailand | 32.6 | 8.9 | 1.0 | N/A | -82.5% |
Pakistan | 16.0 | 5.5 | 0.8 | N/A | -77.6% |
Others | 3.1 | 0.6 | N/A | 1.8 | -16.6% |
Total | 163 | 41.4 | 6.3 | 69.3 | -24.8% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Ethiopia in 2022:
- India (83.6K tons)
- Egypt (21.9K tons)
- United Arab Emirates (7.8K tons)
- Saudi Arabia (7.3K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia
After two years of growth, shipments abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by 99.9% to 34 kg in 2022. Over the period under review, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of 5.5K tons, and then dropped sharply in the following year.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose declined sharply to $250 in 2022. Overall, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $3.6M, and then declined rapidly in the following year.
Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Ethiopia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Ireland | N/A | N/A | N/A | 0% | |
Cote d'Ivoire | N/A | 3.6 | N/A | 0% | |
South Africa | 3.0 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 3.0 | 3.6 | N/A | 20.0% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Ethiopia in 2022:
- Ireland (34.0 kg)
This report provides an in-depth analysis of the sugar market in Ethiopia.
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
This report provides an in-depth analysis of the global sugar market.
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
This report provides an in-depth analysis of the sugar market in Ethiopia.
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
This report provides an in-depth analysis of the global sugar market.
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
Discover the top import markets for sugar worldwide and the key statistics behind these markets. Learn about the leading countries importing sugar and their import values. Stay informed about the global sugar trade trends.
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.
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
Discover the top import markets for sugar worldwide and the key statistics behind these markets. Learn about the leading countries importing sugar and their import values. Stay informed about the global sugar trade trends.