Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Paraguay - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Paraguay (FOB) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Paraguay
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Paraguay (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $772 per ton, growing by 2.9% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 10%. Over the period under review, the average export prices hit record highs at $2,300 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +0.2% per year.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Paraguay
Exports of raw cane sugar (without flavoring or coloring matter) from Paraguay soared to 96 tons in 2022, rising by 100% on 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 251%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) soared to $74K in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 158%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 19.2 | 55.2 | 36.0 | 73.9 | 56.7% |
Others | 2.2 | N/A | N/A | 0.2 | -55.0% |
Total | 21.4 | 55.2 | 36.0 | 74.1 | 51.3% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Paraguay in 2022:
- Netherlands (96.0 tons)
This report provides an in-depth analysis of the sugar market in Paraguay.
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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>
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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.