Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain (CIF) - 2023
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain (FOB) - 2023
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain (CIF) - 2023
The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $1,019 per ton in October 2023, flattening at the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in January 2023 when the average import price increased by 9.5% against the previous month. Over the period under review, average import prices reached the maximum in October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1,130 per ton), while the price for Morocco ($653 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Swaziland (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain (FOB) - 2023
In October 2023, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $1,393 per ton, increasing by 9.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.9%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices attained the maximum in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,894 per ton), while the average price for exports to Portugal ($1,194 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.8%), 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 Spain
Imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose into Spain rose sharply to 820K tons in 2022, with an increase of 7.1% on the year before. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 48%. As a result, imports reached the peak of 866K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $525M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 281 | 221 | 190 | 257 | -2.9% |
| Portugal | 46.8 | 49.9 | 60.9 | 89.2 | 24.0% |
| Germany | 53.5 | 28.0 | 34.5 | 29.4 | -18.1% |
| Netherlands | 11.2 | 17.3 | 22.2 | 29.0 | 37.3% |
| Brazil | 8.3 | 16.0 | 18.1 | 18.3 | 30.2% |
| Morocco | 3.7 | 5.7 | 8.4 | 17.9 | 69.1% |
| Mauritius | 21.2 | 37.3 | 34.0 | 17.8 | -5.7% |
| Belgium | 12.7 | 11.2 | 12.6 | 15.9 | 7.8% |
| Colombia | 7.8 | 5.9 | 3.4 | 9.8 | 7.9% |
| Guatemala | 10.5 | 18.0 | 11.1 | 6.8 | -13.5% |
| Algeria | 7.6 | 8.2 | 17.3 | 5.3 | -11.3% |
| Others | 28.4 | 26.1 | 11.3 | 28.9 | 0.6% |
| Total | 493 | 444 | 424 | 525 | 2.1% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Spain in 2022:
- France (423.5K tons)
- Portugal (115.5K tons)
- Germany (51.0K tons)
- Netherlands (44.7K tons)
- Mauritius (33.6K tons)
- Brazil (29.9K tons)
- Morocco (28.9K tons)
- Belgium (23.8K tons)
- Colombia (12.5K tons)
- Guatemala (10.8K tons)
- Algeria (10.6K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain
In 2022, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Spain expanded significantly to 78K tons, picking up by 9.2% compared with 2021 figures. In general, exports, however, saw a pronounced reduction.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $61M in 2022. The total export value increased at an average annual rate of +10.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 29.8 | 26.7 | 16.0 | 31.7 | 2.1% |
| France | 12.6 | 12.0 | 17.8 | 22.0 | 20.4% |
| Italy | 0.1 | 0.3 | 1.1 | 1.6 | 152.0% |
| United Kingdom | 1.1 | 0.1 | 9.0 | 0.3 | -35.2% |
| Others | 2.2 | 5.9 | 3.3 | 5.5 | 35.7% |
| Total | 45.8 | 44.9 | 47.1 | 61.2 | 10.1% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Spain in 2022:
- Portugal (47.0K tons)
- France (26.0K tons)
- Italy (2.2K tons)
- United Kingdom (0.4K tons)
330
This report provides an in-depth analysis of the refined cane sugar market in Spain.
411
This report provides an in-depth analysis of the market for refined white cane sugar in Spain.
157
This report provides an in-depth analysis of the sugar market in Spain.
318
This report provides an in-depth analysis of the raw cane sugar market in Spain.
282
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Spain.
848
This report provides an in-depth analysis of the sugar market in Spain.
601
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
639
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
151
This report provides an in-depth analysis of the global sugar market.
732
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
1349
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1718
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
324
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1366
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
1102
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
971
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1349
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1718
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
324
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1366
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
