Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Mexico - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Mexico (CIF) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Mexico
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Mexico (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $2,204 per ton in 2022, surging by 27% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. The import price peaked at $2,719 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.0% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Mexico
In 2022, the amount of raw cane sugar (without flavoring or coloring matter) imported into Mexico fell remarkably to 20 tons, shrinking by -18.2% compared with the previous year's figure. In general, imports continue to indicate a abrupt downturn. The smallest decline of -0.6% was in 2021.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) stood at $44K in 2022. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 52.4 | 31.7 | 41.9 | 43.6 | -5.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 52.4 | 31.7 | 41.9 | 43.6 | -5.9% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Mexico in 2022:
- United States (19.8 tons)
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