Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter, other) amounted to $301 per ton, which is down by -8.4% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $568 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -6.2% per year.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $510 per ton, which is down by -27.3% against the previous year. Overall, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $730 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($524 per ton), while the average price for exports to Bosnia and Herzegovina ($388 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 Mauritania (-2.9%), while the prices for the other major destinations experienced a decline.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria
In 2022, imports of raw cane sugar (without flavoring or coloring matter, other) into Algeria reached 2.4M tons, surging by 1.6% against 2021 figures. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 8.7%. As a result, imports attained the peak of 2.4M tons; afterwards, it flattened through to 2022.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) declined to $723M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $776M, and then dropped in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 633 | 668 | 776 | 722 | 4.5% |
| Others | 0.7 | 0.7 | 0.6 | 0.5 | -10.6% |
| Total | 634 | 669 | 776 | 723 | 4.5% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Algeria in 2022:
- Brazil (2.4M tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter, other) increased by 49% to 3.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a significant curtailment.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) rose significantly to $1.8M in 2022. Overall, exports, however, showed a deep slump.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 288 | 1,407 | 1,517 | 1,643 | 78.7% |
| Saudi Arabia | 195 | 462 | 146 | 157 | -7.0% |
| Bosnia and Herzegovina | 37.1 | 87.8 | 27.7 | 29.9 | -6.9% |
| Mauritania | 1,713 | N/A | N/A | N/A | 0% |
| Others | 9.0 | 12.2 | 5.6 | 2.5 | -34.8% |
| Total | 2,242 | 1,969 | 1,696 | 1,833 | -6.5% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Algeria in 2022:
- Italy (3137.6 tons)
- Saudi Arabia (374.6 tons)
- Bosnia and Herzegovina (76.8 tons)
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