Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland - 2023

Contents:

  1. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland (CIF) - 2023
  2. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland (FOB) - 2022
  3. Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland
  4. Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland

Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland (CIF) - 2023

In October 2023, the average import price for raw cane sugar (without flavoring or coloring matter, other) amounted to $945 per ton, approximately mirroring the previous month. Over the period under review, the import price saw slight growth. The pace of growth was the most pronounced in June 2023 when the average import price increased by 101% month-to-month. As a result, import price reached the peak level of $1,161 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Mauritius ($937 per ton), while the price for Swaziland amounted to $909 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+63.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland (FOB) - 2022

The average export price for raw cane sugar (without flavoring or coloring matter, other) stood at $1,235 per ton in 2022, which is down by -4.7% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. Over the period under review, the average export prices reached the maximum at $2,312 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3,036 per ton), while the average price for exports to Germany ($1,001 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 Cyprus (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland

Imports of raw cane sugar (without flavoring or coloring matter, other) into Poland declined sharply to 16K tons in 2022, dropping by -51.3% against 2021. Overall, imports showed a sharp curtailment. The smallest decline of -19.5% was in 2021.

In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) fell remarkably to $12M in 2022. In general, imports continue to indicate a precipitous slump. The smallest decline of -11.6% was in 2021.

Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritius3.22.75.07.633.4%
Belize0.10.40.40.571.0%
Colombia0.30.30.30.518.6%
Swaziland0.30.19.20.2-12.6%
Lao People's Democratic Republic11.011.0N/A0.1-79.1%
France2.40.40.30.1-65.3%
Nicaragua6.7N/AN/AN/A0%
Others5.35.83.12.6-21.1%
Total29.320.718.311.6-26.6%

Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Poland in 2022:

  1. Mauritius (11.3K tons)
  2. Colombia (0.8K tons)
  3. Belize (0.8K tons)
  4. Swaziland (0.3K tons)
  5. France (0.1K tons)

Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland

For the third year in a row, Poland recorded decline in shipments abroad of raw cane sugar (without flavoring or coloring matter, other), which decreased by -1% to 595 tons in 2022. In general, exports continue to indicate a abrupt slump.

In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) declined to $735K in 2022. Overall, exports showed a pronounced descent. The smallest decline of -0.4% was in 2021.

Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania246236303244-0.3%
Germany268155184187-11.3%
Hungary11712915015810.5%
United Kingdom33.739.854.952.515.9%
FranceN/A10.8N/A37.786.8%
Ukraine35.498.74.33.1-55.6%
Others94.311381.752.5-17.7%
Total794782779735-2.5%

Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Poland in 2022:

  1. Germany (186.6 tons)
  2. Lithuania (175.8 tons)
  3. Hungary (150.3 tons)
  4. France (29.2 tons)
  5. United Kingdom (26.8 tons)
  6. Ukraine (1.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Raw Cane Sugar (without flavoring or coloring matter, other) - Poland