Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru (FOB) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru (CIF) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $1,780 per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 an increase of 11% against the previous year. Over the period under review, the average export prices attained the maximum at $1,785 per ton in 2014; afterwards, it flattened through to 2022.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($1,947 per ton) and Canada ($1,870 per ton), while the average price for exports to Germany ($1,674 per ton) and Italy ($1,697 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $869 per ton in 2022, growing by 17% against the previous year. In general, the import price enjoyed a temperate expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +2.2% per year.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru
In 2022, approx. 1.9K tons of raw cane sugar (without flavoring or coloring matter) were exported from Peru; picking up by 22% compared with the previous year. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, the exports reached the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) soared to $3.4M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 28%. As a result, the exports reached the peak of $4.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,698 | 2,306 | 1,023 | 1,511 | -3.8% |
| France | 1,089 | 1,115 | 910 | 1,079 | -0.3% |
| Spain | 319 | 578 | 529 | 440 | 11.3% |
| Germany | 64.6 | 36.9 | 67.1 | 134 | 27.5% |
| Canada | 65.3 | 90.0 | 66.0 | 70.8 | 2.7% |
| Others | 67.1 | 88.8 | 129 | 129 | 24.3% |
| Total | 3,303 | 4,214 | 2,724 | 3,364 | 0.6% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Peru in 2022:
- Italy (890.5 tons)
- France (585.8 tons)
- Spain (226.1 tons)
- Germany (80.0 tons)
- Canada (37.9 tons)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru
In 2022, overseas purchases of raw cane sugar (without flavoring or coloring matter) were finally on the rise to reach 56 tons after two years of decline. Overall, imports, however, saw a dramatic downturn.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) surged to $49K in 2022. In general, imports, however, showed a drastic downturn.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 2.0 | 2.6 | 0.4 | 48.6 | 189.6% |
| Honduras | 77.0 | 35.5 | 20.4 | N/A | -48.5% |
| Others | 1.1 | 3.4 | 0.1 | N/A | -69.8% |
| Total | 80.1 | 41.5 | 20.9 | 48.6 | -15.3% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Peru in 2022:
- Ecuador (56.0 tons)
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