Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan (CIF) - 2022
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $3,381 per ton in 2022, jumping by 51% against the previous year. In general, import price indicated a prominent increase from 2017 to 2022: its price increased at an average annual rate of +5.2% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($5,590 per ton), while the price for China ($977 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan (FOB) - 2022
In 2021, the average export price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,277 per ton, increasing by 45% against the previous year. Overall, export price indicated significant growth from 2020 to 2021: its price increased at an average annual rate of +45.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached 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 Kazakhstan.
From 2020 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +45.3% per year.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan
In 2022, imports of refined cane or beet sugar (with added flavoring or coloring matter) into Uzbekistan expanded markedly to 25 tons, growing by 11% against the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. As a result, imports attained the peak of 27 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) soared to $84K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 105%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.2 | 5.6 | 2.7 | 63.4 | 170.6% |
| China | 5.4 | 10.2 | 12.4 | 10.0 | 22.8% |
| Turkey | 10.7 | 21.3 | 5.5 | 8.8 | -6.3% |
| Serbia | N/A | 35.0 | N/A | N/A | 0% |
| Others | 17.4 | 3.2 | 29.5 | 1.7 | -53.9% |
| Total | 36.7 | 75.2 | 50.1 | 83.9 | 31.7% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Uzbekistan in 2022:
- Russia (11.3 tons)
- China (10.2 tons)
- Turkey (3.1 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan
In 2021, exports of refined cane or beet sugar (with added flavoring or coloring matter) from Uzbekistan declined dramatically to 65 kg, with a decrease of -27.8% on the previous year. In general, exports recorded a significant curtailment.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) expanded slightly to $148 in 2021. The total export value increased at an average annual rate of +5.0% from 2020 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uzbekistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Kazakhstan | 141 | 148 | 5.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 141 | 148 | 5.0% | ||
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Uzbekistan in 2022:
- Kazakhstan (65.0 kg)
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