Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan - 2022

Contents:

1. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan (CIF) - 2022
2. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan (FOB) - 2022
3. Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan
4. Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan (CIF) - 2022

The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $721 per ton in 2022, increasing by 23% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 29%. The import price peaked at $739 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($721 per ton) and Saudi Arabia ($721 per ton), while the price for Thailand ($721 per ton) and Algeria ($721 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan (FOB) - 2022

In 2022, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $597 per ton, picking up by 12% against the previous year. Overall, the export price, however, showed a mild decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $892 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($597 per ton), while the average price for exports to Free Zones ($597 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 Iraq (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan

In 2022, purchases abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -12.9% to 227K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 6.9%. As a result, imports reached the peak of 294K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose rose remarkably to $163M in 2022. The total import value increased at an average annual rate of +11.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Jordan in 2022:

1. Saudi Arabia (108.9K tons)
2. India (60.5K tons)
3. Algeria (54.7K tons)

Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Jordan

Exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Jordan surged to 1.8K tons in 2022, growing by 78% on the year before. Over the period under review, exports enjoyed slight growth. The growth pace was the most rapid in 2021 with an increase of 1,002%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose skyrocketed to $1.1M in 2022. Overall, exports posted a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 1,053%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Jordan in 2022:

1. Syrian Arab Republic (866.2 tons)
2. Free Zones (856.4 tons)
3. Iraq (43.9 tons)
4. Qatar (17.8 tons)

Source: IndexBox Market Intelligence Platform