Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belarus - 2022

Contents:

1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belarus (CIF) - 2022
2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belarus (FOB) - 2022
3. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Belarus
4. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Belarus

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belarus (CIF) - 2022

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,223 per ton, with an increase of 30% against the previous year. In general, the import price, however, saw a perceptible descent. Over the period under review, average import prices attained the peak figure at $1,509 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($1,392 per ton) and Turkey ($1,338 per ton), while the price for Israel ($982 per ton) and the United States ($1,132 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Belarus (FOB) - 2022

The average export price for sugars; fructose, chemically pure, in solid form stood at $3,226 per ton in 2022, jumping by 65% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 an increase of 107%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +233.0% per year.

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Belarus

In 2022, the amount of sugars; fructose, chemically pure, in solid form imported into Belarus fell significantly to 225 tons, which is down by -54.6% on 2021 figures. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 495 tons, and then reduced dramatically in the following year.

In value terms, imports of sugars; fructose, chemically pure, in solid form shrank dramatically to $275K in 2022. In general, imports faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Belarus in 2022:

1. Russia (65.4 tons)
2. Turkey (54.9 tons)
3. Lithuania (26.2 tons)
4. Israel (22.3 tons)
5. China (15.1 tons)
6. Germany (11.3 tons)
7. United States (10.4 tons)
8. Poland (8.8 tons)

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Belarus

Exports of sugars; fructose, chemically pure, in solid form from Belarus surged to 31 kg in 2022, picking up by 35% against the year before. In general, exports, however, saw a dramatic descent.

In value terms, exports of sugars; fructose, chemically pure, in solid form amounted to $100 in 2022. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Belarus in 2022:

1. Russia (31.0 kg)

Source: IndexBox Market Intelligence Platform