Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay (CIF) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay (FOB) - 2022
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $524 per ton, surging by 43% against the previous year. Overall, the import price, however, showed a mild curtailment. Over the period under review, average import prices attained the maximum at $633 per ton in 2012; however, from 2013 to 2022, 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 Brazil ($525 per ton), while the price for Argentina totaled $461 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.9%).
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay (FOB) - 2022
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $250 per ton in 2022, waning by -44.6% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $689 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($482 per ton), while the average price for exports to Chile stood at $232 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+29.4%), 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 Uruguay
In 2022, purchases abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -8.4% to 43K tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of 64K 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 soared to $23M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 18.7 | 22.5 | 13.8 | 20.0 | 2.3% |
| Argentina | 0.7 | 0.4 | 2.1 | 2.1 | 44.2% |
| Mexico | 0.6 | 1.3 | 1.1 | N/A | 35.4% |
| Others | 0.3 | 0.3 | 0.2 | 0.6 | 26.0% |
| Total | 20.3 | 24.5 | 17.2 | 22.6 | 3.6% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Uruguay in 2022:
- Brazil (38.0K tons)
- Argentina (4.4K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay
In 2022, after three years of growth, there was significant decline in shipments abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose, when their volume decreased by -23.8% to 4.5K tons. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 165% against the previous year.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose reduced sharply to $1.1M in 2022. Overall, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 167% against the previous year.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.1 | 4.7 | 3.1 | 969 | 2031.9% |
| Free Zones | 80.6 | 401 | 350 | 156 | 24.6% |
| Switzerland | N/A | 359 | 267 | N/A | -25.6% |
| Israel | 530 | 625 | 1,518 | N/A | 69.2% |
| Jamaica | 141 | 654 | 520 | N/A | 92.0% |
| Others | 19.1 | 14.7 | 7.2 | N/A | -38.6% |
| Total | 771 | 2,059 | 2,666 | 1,125 | 13.4% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Uruguay in 2022:
- Chile (4.2K tons)
- Free Zones (0.3K tons)
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