Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Croatia - 2023

Contents:

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

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

The average import price for raw cane sugar (without flavoring or coloring matter) stood at $2,280 per ton in 2022, dropping by -15% against the previous year. Over the period under review, the import price, however, showed a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 296%. Over the period under review, average import prices reached the maximum at $2,989 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,409 per ton), while the price for Italy ($1,491 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $527 per ton, remaining relatively unchanged against the previous year. In general, the export price, however, recorded a deep contraction. Over the period under review, the average export prices hit record highs at $928 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,000 per ton), while the average price for exports to Italy stood at $527 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+4.6%), while the prices for the other major destinations experienced a decline.

Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Croatia

In 2022, imports of raw cane sugar (without flavoring or coloring matter) into Croatia skyrocketed to 23 tons, increasing by 41% compared with the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of raw cane sugar (without flavoring or coloring matter) soared to $53K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria12.913.515.222.820.9%
Hungary1.617.519.413.8105.1%
Germany19.75.66.07.3-28.2%
Italy0.20.83.64.9190.4%
Czech RepublicN/AN/AN/A3.20%
Others0.90.5N/A1.03.6%
Total35.237.944.353.114.7%

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

  1. Austria (12.3 tons)
  2. Hungary (4.3 tons)
  3. Italy (3.3 tons)
  4. Germany (2.1 tons)
  5. Czech Republic (1.0 tons)

Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Croatia

In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter) decreased by -50% to 1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw significant growth.

In value terms, exports of raw cane sugar (without flavoring or coloring matter) fell significantly to $528 in 2022. In general, exports, however, recorded a significant increase.

Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Croatia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.0N/A1,053527541.1%
Others2.0N/A2.01.0-20.6%
Total4.0N/A1,055528409.2%

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

  1. Italy (1000.0 kg)

Source: IndexBox Market Intelligence Platform

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