Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $487 per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 20%. The import price peaked at $629 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($495 per ton), while the price for Argentina totaled $462 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-1.0%).
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter, other) stood at $3,699 per ton in 2021, increasing by 236% against the previous year. Over the period under review, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($4,745 per ton), while the average price for exports to Bosnia and Herzegovina amounted to $212 per ton.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-4.5%).
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay
In 2022, approx. 52K tons of raw cane sugar (without flavoring or coloring matter, other) were imported into Uruguay; picking up by 4.2% compared with the previous year. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) soared to $25M in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 51%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 9.4 | 8.2 | 3.8 | 19.0 | 26.4% |
Argentina | 2.5 | 5.4 | 16.7 | 6.4 | 36.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 11.9 | 13.6 | 20.5 | 25.4 | 28.8% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Uruguay in 2022:
- Brazil (38.3K tons)
- Argentina (13.8K tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay
In 2021, approx. 572 kg of raw cane sugar (without flavoring or coloring matter, other) were exported from Uruguay; jumping by 23% compared with 2020. The total export volume increased at an average annual rate of +5.9% from 2019 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) soared to $2.1K in 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Uruguay (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
France | N/A | N/A | 1,044 | 0% | |
Bosnia and Herzegovina | N/A | N/A | 28.0 | 0% | |
United Kingdom | 588 | 513 | N/A | -12.8% | |
Others | N/A | N/A | 1,044 | 0% | |
Total | 588 | 513 | 2,116 | 89.7% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Uruguay in 2022:
- France (220.0 kg)
- Bosnia and Herzegovina (132.0 kg)
This report provides an in-depth analysis of the sugar market in Uruguay.
This report provides an in-depth analysis of the sugar market in Uruguay.
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
This report provides an in-depth analysis of the global sugar market.
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
This report provides an in-depth analysis of the global sugar market.
This report provides an in-depth analysis of the sugar market in Uruguay.
This report provides an in-depth analysis of the sugar market in Uruguay.
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 ...
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>
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.
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.
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
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 ...
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>
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.
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.