Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands (FOB) - 2023
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands (CIF) - 2023
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands (FOB) - 2023
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $787 per ton in October 2023, shrinking by -26.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in June 2023 an increase of 30% m-o-m. The export price peaked at $1,069 per ton in September 2023, and then dropped dramatically in the following month.
Average prices varied somewhat for the major export markets. In October 2023, the countries with the highest prices were Israel ($1,084 per ton) and the UK ($1,059 per ton), while the average price for exports to Egypt ($727 per ton) and Turkey ($742 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands (CIF) - 2023
In October 2023, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $1,094 per ton, growing by 5.3% against the previous month. In general, import price indicated a notable increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by +74.8% against October 2022 indices. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 18% against the previous month. The import price peaked in October 2023.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Colombia ($1,135 per ton) and the UK ($1,118 per ton), while the price for Brazil ($759 per ton) and India ($792 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands
In 2022, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from the Netherlands was estimated at 557K tons, surging by 9.3% compared with 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $366M in 2022. The total export value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 37.2 | 72.5 | 53.4 | 102 | 40.0% |
Belgium | 38.7 | 43.9 | 53.6 | 56.2 | 13.2% |
Spain | 14.4 | 27.2 | 34.7 | 42.0 | 42.9% |
Germany | 51.2 | 67.2 | 54.7 | 41.3 | -6.9% |
France | 27.8 | 28.1 | 37.5 | 30.3 | 2.9% |
Israel | 22.0 | 21.9 | 20.5 | 13.5 | -15.0% |
Luxembourg | 0.1 | 0.2 | 3.0 | 12.2 | 396.0% |
Ireland | 3.6 | 5.9 | 10.0 | 12.0 | 49.4% |
Greece | 4.0 | 3.0 | 8.2 | 10.5 | 37.9% |
Egypt | 8.2 | 5.0 | 2.0 | 7.1 | -4.7% |
United Kingdom | 22.0 | 12.4 | 1.0 | 5.3 | -37.8% |
Others | 44.7 | 40.1 | 32.8 | 33.0 | -9.6% |
Total | 274 | 327 | 311 | 366 | 10.1% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from the Netherlands in 2022:
- Italy (172.6K tons)
- Belgium (84.9K tons)
- Spain (64.1K tons)
- Germany (59.8K tons)
- France (28.7K tons)
- Israel (25.3K tons)
- Luxembourg (20.2K tons)
- Ireland (19.9K tons)
- Greece (13.4K tons)
- Egypt (12.2K tons)
- United Kingdom (8.5K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands
After two years of decline, overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by 5.2% to 210K tons in 2022. Over the period under review, imports, however, continue to indicate a pronounced curtailment.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose rose notably to $140M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 33.8 | 40.0 | 41.3 | 58.4 | 20.0% |
Germany | 28.5 | 33.2 | 36.7 | 31.6 | 3.5% |
France | 15.1 | 17.2 | 11.6 | 13.7 | -3.2% |
Colombia | 7.0 | 8.2 | 7.8 | 8.0 | 4.6% |
United Kingdom | 7.2 | 3.6 | 1.6 | 4.4 | -15.1% |
Brazil | 7.8 | 6.5 | 6.3 | 4.3 | -18.0% |
Poland | 0.8 | 0.9 | 3.1 | 3.9 | 69.6% |
Others | 15.4 | 15.7 | 15.9 | 15.3 | -0.2% |
Total | 116 | 125 | 124 | 140 | 6.5% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to the Netherlands in 2022:
- Belgium (98.4K tons)
- Germany (49.9K tons)
- France (22.1K tons)
- Colombia (7.5K tons)
- Brazil (6.1K tons)
- United Kingdom (5.7K tons)
- Poland (5.2K tons)
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