Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $609 per ton, dropping by -4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 16%. The import price peaked at $634 per ton in 2021, and then reduced in the following year.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +0.4% per year.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $968 per ton, with a decrease of -9.7% against the previous year. Overall, the export price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2020 an increase of 71% against the previous year. The export price peaked at $1,072 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($5,250 per ton), while the average price for exports to Canada ($952 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 Ghana (+20.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria
In 2022, after two years of decline, there was significant growth in purchases abroad of raw cane sugar (without flavoring or coloring matter), when their volume increased by 8.6% to 53K tons. In general, imports, however, saw a abrupt decline.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) expanded slightly to $32M in 2022. Over the period under review, imports, however, continue to indicate a noticeable downturn.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 36.5 | 33.6 | 31.0 | 32.3 | -4.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.5 | 33.6 | 31.0 | 32.3 | -4.0% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Algeria in 2022:
- Brazil (53.0K tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria
In 2022, the amount of raw cane sugar (without flavoring or coloring matter) exported from Algeria surged to 16 tons, growing by 329% against the previous year. Overall, exports, however, faced a deep contraction.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) surged to $16K in 2022. In general, exports showed significant growth.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.7 | 26.9 | 3.5 | 15.1 | 25.2% |
| Kuwait | N/A | N/A | 0.5 | 0.6 | 20.0% |
| Others | 1.3 | 0.5 | N/A | N/A | -61.5% |
| Total | 9.1 | 27.4 | 4.1 | 15.7 | 19.9% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Algeria in 2022:
- Canada (15.9 tons)
- Kuwait (0.4 tons)
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