Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola (FOB) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola (CIF) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $671 per ton in 2022, which is down by -22.6% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 176% against the previous year. As a result, the export price reached the peak level of $867 per ton, and then reduced notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +8.4% per year.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $442 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 49%. As a result, import price reached the peak level of $1,538 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($455 per ton), while the price for South Africa ($177 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola
After two years of decline, shipments abroad of raw cane sugar (without flavoring or coloring matter) increased by 18% to 11 tons in 2022. Over the period under review, exports, however, saw a sharp curtailment.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) reduced to $7.1K in 2022. Overall, exports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 36.6 | 6.2 | 4.4 | 7.1 | -42.1% |
| Others | 0.3 | 0.3 | 3.4 | N/A | 236.7% |
| Total | 36.9 | 6.5 | 7.8 | 7.1 | -42.3% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Angola in 2022:
- Democratic Republic of the Congo (10.6 tons)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola
In 2022, overseas purchases of raw cane sugar (without flavoring or coloring matter) decreased by -23.2% to 2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 721%.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) contracted notably to $889K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 476%.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 21.5 | 404 | 931 | 756 | 227.6% |
| Portugal | 79.1 | 137 | 192 | 114 | 13.0% |
| South Africa | 6.9 | 7.9 | 22.1 | 12.5 | 21.9% |
| Germany | N/A | 75.5 | N/A | N/A | 0% |
| Others | 1.7 | 5.2 | 4.0 | 5.4 | 47.0% |
| Total | 109 | 629 | 1,148 | 889 | 101.3% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Angola in 2022:
- Brazil (1662.3 tons)
- Portugal (272.4 tons)
- South Africa (70.9 tons)
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