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

Contents:

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

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

The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $404 per ton in 2022, falling by -1.9% against the previous year. Overall, the import price recorded a pronounced decline. The growth pace was the most rapid in 2016 an increase of 5.8%. The import price peaked at $659 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($408 per ton), while the price for Guatemala totaled $390 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (-0.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $470 per ton in 2022, shrinking by -13.2% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 28%. The export price peaked at $1,009 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -6.2% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose, when their volume decreased by -15% to 29K tons. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 35K tons, and then contracted in the following year.

In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose declined sharply to $12M in 2022. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% 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 increased by +24.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $14M, and then fell markedly in the following year.

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

1. Colombia (20.6K tons)
2. Guatemala (8.9K tons)

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

After two years of decline, overseas shipments of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by 29% to 9.5K tons in 2022. Overall, exports, however, recorded a sharp shrinkage.

In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose expanded markedly to $4.4M in 2022. In general, exports, however, showed a dramatic shrinkage.

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

1. Colombia (9.5K tons)

Source: IndexBox Market Intelligence Platform