Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $850 per ton, falling by -42.3% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of 264%. As a result, import price attained the peak level of $4,358 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,174 per ton), while the price for Thailand stood at $820 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+92.8%), 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 New Zealand (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $5,635 per ton in 2022, picking up by 219% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niue ($16,689 per ton), while the average price for exports to French Polynesia amounted to $1,656 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+9.1%), while the prices for the other major destinations experienced a decline.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand
In 2022, approx. 46 tons of raw cane sugar (without flavoring or coloring matter) were imported into New Zealand; jumping by 167% compared with the previous year's figure. In general, imports posted a remarkable increase. As a result, imports reached 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 $39K in 2022. Overall, imports, however, showed a deep contraction.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 5.3 | 0.1 | 2.1 | 34.5 | 86.7% |
| India | 37.9 | 30.8 | 23.2 | 4.6 | -50.5% |
| Argentina | N/A | 17.1 | N/A | N/A | 0% |
| Others | 7.2 | 0.1 | N/A | N/A | -98.6% |
| Total | 50.4 | 48.1 | 25.3 | 39.0 | -8.2% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to New Zealand in 2022:
- Thailand (42.0 tons)
- India (3.9 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand
Exports of raw cane sugar (without flavoring or coloring matter) from New Zealand dropped markedly to 170 kg in 2022, which is down by -96.4% compared with the previous year's figure. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.4% against the previous year.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) shrank remarkably to $958 in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niue | 0.2 | N/A | 0.4 | 0.8 | 58.7% |
| French Polynesia | N/A | N/A | N/A | 0.2 | 0% |
| Hong Kong SAR | N/A | 7.4 | 8.1 | N/A | 9.5% |
| Australia | 8.3 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 8.7 | 7.4 | 8.4 | 1.0 | -51.4% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from New Zealand in 2022:
- French Polynesia (125.0 kg)
- Niue (45.0 kg)
135
This report provides an in-depth analysis of the sugar market in New Zealand.
433
This report provides an in-depth analysis of the sugar market in New Zealand.
732
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
150
This report provides an in-depth analysis of the global sugar market.
607
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
597
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
637
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
2417
This report provides an in-depth analysis of the global sugar market.
135
This report provides an in-depth analysis of the sugar market in New Zealand.
433
This report provides an in-depth analysis of the sugar market in New Zealand.
1348
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 ...
1716
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>
321
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.
1363
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.
1099
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
969
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1348
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 ...
1716
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>
321
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.
1363
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.
