Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kazakhstan - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kazakhstan (CIF) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kazakhstan
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kazakhstan (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $543 per ton in 2022, with a decrease of -41.1% against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 37%. Over the period under review, average import prices attained the maximum at $1,804 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,847 per ton), while the price for Pakistan totaled $541 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%).
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Kazakhstan
In 2022, approx. 154 tons of raw cane sugar (without flavoring or coloring matter) were imported into Kazakhstan; surging by 239% against 2021. Over the period under review, imports enjoyed significant growth. 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) skyrocketed to $83K in 2022. Overall, imports posted a significant expansion. 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 Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | N/A | N/A | N/A | 83.0 | 0% |
Russia | 27.0 | 30.1 | 33.1 | 0.5 | -73.5% |
India | 2.0 | 4.7 | 8.7 | N/A | 108.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 29.0 | 34.8 | 41.7 | 83.5 | 42.3% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Kazakhstan in 2022:
- Pakistan (153.5 tons)
- Russia (0.3 tons)
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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 ...
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>
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.
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.