Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $1,177 per ton in 2022, jumping by 24% against the previous year. Overall, the import price saw strong growth. The growth pace was the most rapid in 2018 when the average import price increased by 69% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Cuba ($1,241 per ton), while the price for Brazil totaled $1,148 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cuba (+8.1%).
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $1,819 per ton, growing by 6.2% against the previous year. Overall, the export price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2014 when the average export price increased by 31%. The export price peaked at $2,874 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +35.5% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus
In 2022, approx. 26 tons of raw cane sugar (without flavoring or coloring matter, other) were imported into Belarus; falling by -87.4% compared with 2021. In general, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 124% against the previous year. As a result, imports attained the peak of 206 tons, and then shrank sharply in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) declined remarkably to $30K in 2022. Over the period under review, imports faced a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 111% against the previous year. As a result, imports attained the peak of $195K, and then contracted sharply in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 77.1 | 59.2 | 133 | 21.5 | -34.7% |
| Cuba | 45.1 | 30.8 | 61.4 | 8.8 | -42.0% |
| Others | 0.2 | 2.4 | 0.8 | 0.1 | -20.6% |
| Total | 122 | 92.4 | 195 | 30.5 | -37.0% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Belarus in 2022:
- Brazil (18.7 tons)
- Cuba (7.1 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus
After two years of decline, shipments abroad of raw cane sugar (without flavoring or coloring matter, other) increased by 107% to 1.8 tons in 2022. Over the period under review, exports, however, continue to indicate a significant curtailment.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) soared to $3.3K in 2022. In general, exports, however, faced a dramatic shrinkage.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 16.2 | 0.1 | 1.5 | 3.3 | -41.2% |
| Kazakhstan | 0.5 | N/A | N/A | N/A | 0% |
| Palestine | N/A | 5.0 | N/A | N/A | 0% |
| Others | 4.1 | N/A | N/A | N/A | 0% |
| Total | 20.8 | 5.1 | 1.5 | 3.3 | -45.9% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Belarus in 2022:
- Russia (1.8 tons)
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