Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Chile - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Chile (CIF) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Chile
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Chile (CIF) - 2022
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $5,358 per ton in 2022, surging by 272% against the previous year. Overall, the import price posted a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($6,302 per ton), while the price for the United States stood at $3,361 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.0%), while the prices for the other major suppliers experienced a decline.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Chile
In 2022, overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -99.5% to 707 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 17%.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) dropped notably to $3.8K in 2022. Over the period under review, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 0.3 | 1.0 | 3.0 | 216.2% |
| United States | N/A | N/A | N/A | 0.8 | 0% |
| Argentina | N/A | 179 | N/A | N/A | 0% |
| India | 120 | 2.5 | 214 | N/A | 33.5% |
| Others | 27.5 | 1.8 | 4.7 | N/A | -58.7% |
| Total | 148 | 184 | 220 | 3.8 | -70.5% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Chile in 2022:
- Brazil (480.0 kg)
- United States (227.0 kg)
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