Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania - 2023

Contents:

  1. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania (CIF) - 2022
  2. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania (FOB) - 2022
  3. Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania
  4. Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania

Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania (CIF) - 2022

The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $523 per ton in 2022, surging by 22% against the previous year. In general, the import price, however, saw a noticeable contraction. Over the period under review, average import prices reached the maximum at $684 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($657 per ton) and Swaziland ($601 per ton), while the price for Brazil ($484 per ton) and South Africa ($524 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania (FOB) - 2022

In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $920 per ton, surging by 3.8% against the previous year. In general, the export price, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in 2020 an increase of 72% against the previous year. The export price peaked at $1,314 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($1,210 per ton), while the average price for exports to the UK ($861 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+24.0%), while the prices for the other major destinations experienced a decline.

Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania

In 2022, imports of raw cane sugar (without flavoring or coloring matter, other) into Romania surged to 220K tons, increasing by 44% on 2021 figures. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 348% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) surged to $115M in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 435% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil27.6N/A27.764.632.8%
Swaziland8.3N/A0.718.630.9%
South AfricaN/AN/A13.616.118.4%
BelizeN/AN/A7.910.330.4%
El Salvador6.3N/AN/A0.2-68.3%
CubaN/A7.410.7N/A44.6%
Honduras7.1N/AN/AN/A0%
Others3.44.95.15.315.9%
Total52.612.365.611529.8%

Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Romania in 2022:

  1. Brazil (133.4K tons)
  2. Swaziland (30.9K tons)
  3. South Africa (30.7K tons)
  4. Belize (19.3K tons)
  5. El Salvador (0.3K tons)

Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania

In 2022, exports of raw cane sugar (without flavoring or coloring matter, other) from Romania soared to 80 tons, picking up by 74% against 2021. Over the period under review, exports, however, showed a significant decline. The growth pace was the most rapid in 2021 when exports increased by 354% against the previous year.

In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) soared to $74K in 2022. In general, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 545%.

Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.1N/AN/A41.6646.5%
Hungary5.80.121.627.067.0%
Poland94.8N/AN/A0.1-89.8%
Greece18.33.9N/AN/A-78.7%
Bosnia and HerzegovinaN/AN/A16.0N/A0%
Others2.82.33.35.222.9%
Total1226.340.973.9-15.4%

Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Romania in 2022:

  1. United Kingdom (48.3 tons)
  2. Hungary (30.5 tons)
  3. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Raw Cane Sugar (without flavoring or coloring matter, other) - Romania