Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador (FOB) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador (CIF) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $1,614 per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 an increase of 60%. The export price peaked at $1,955 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,129 per ton), while the average price for exports to Colombia ($743 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 France (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $2,083 per ton in 2022, falling by -2.4% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The growth pace was the most rapid in 2015 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $2,237 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($2,923 per ton), while the price for the United States stood at $2,014 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+22.0%).
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador
After three years of growth, shipments abroad of raw cane sugar (without flavoring or coloring matter) decreased by -24.8% to 279 tons in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 99% against the previous year.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) reduced rapidly to $450K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. As a result, the exports attained the peak of $592K, and then shrank rapidly in the following year.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 40.3 | 77.0 | 165 | 98.7 | 34.8% |
| Germany | 28.7 | 26.2 | 94.5 | 71.3 | 35.4% |
| Colombia | 32.3 | 104 | 70.4 | 69.4 | 29.0% |
| France | 4.5 | 9.6 | 15.0 | 10.8 | 33.9% |
| Peru | 2.5 | 7.0 | 5.1 | 4.9 | 25.1% |
| Others | 52.9 | 85.2 | 242 | 195 | 54.5% |
| Total | 161 | 309 | 592 | 450 | 40.9% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Ecuador in 2022:
- Colombia (93.3 tons)
- Spain (51.1 tons)
- Germany (31.4 tons)
- Peru (4.9 tons)
- France (3.5 tons)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador
After three years of growth, supplies from abroad of raw cane sugar (without flavoring or coloring matter) decreased by -11.2% to 5.5 tons in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +60.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 40% against the previous year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) shrank to $12K in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 57%.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 8.7 | 12.6 | 10.3 | 29.0% |
| Chile | 1.5 | 1.1 | 0.7 | 1.2 | -7.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.2 | 9.8 | 13.3 | 11.5 | 22.9% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Ecuador in 2022:
- United States (5.1 tons)
- Chile (0.4 tons)
200
This report provides an in-depth analysis of the sugar market in Ecuador.
471
This report provides an in-depth analysis of the sugar market in Ecuador.
730
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
146
This report provides an in-depth analysis of the global sugar market.
605
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
595
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
635
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
2410
This report provides an in-depth analysis of the global sugar market.
200
This report provides an in-depth analysis of the sugar market in Ecuador.
471
This report provides an in-depth analysis of the sugar market in Ecuador.
1345
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1715
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
315
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1354
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
1094
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
965
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1345
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1715
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
315
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1354
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
