Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $1,767 per ton, with an increase of 33% against the previous year. Over the period under review, the import price recorded a resilient increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 179% against the previous year. As a result, import price attained the peak level of $3,494 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($3,533 per ton), while the price for Greece ($916 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+66.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $841 per ton in 2022, waning by -69.2% against the previous year. Overall, the export price saw a perceptible contraction. The growth pace was the most rapid in 2017 an increase of 69%. As a result, the export price reached the peak level of $3,380 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Bulgaria.
From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to -3.1% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania
In 2022, purchases abroad of raw cane sugar (without flavoring or coloring matter) decreased by -55.7% to 72 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 155% against the previous year. As a result, imports reached the peak of 162 tons, and then fell rapidly in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) fell significantly to $127K in 2022. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, imports reached the peak of $216K, and then shrank dramatically in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | 20.8 | 23.0 | 42.4 | 42.8% |
| Hungary | 27.4 | 44.1 | 62.7 | 24.3 | -3.9% |
| Germany | 5.2 | 2.3 | 2.8 | 16.9 | 48.1% |
| Italy | 30.4 | 21.7 | 21.8 | 15.1 | -20.8% |
| Czech Republic | N/A | N/A | 7.3 | 14.7 | 101.4% |
| Poland | N/A | 0.1 | 0.6 | 3.9 | 524.5% |
| Greece | 0.1 | 1.4 | 3.6 | 3.2 | 217.5% |
| Netherlands | 7.4 | 11.0 | 16.3 | 2.3 | -32.3% |
| Belgium | N/A | N/A | 77.1 | 2.3 | -97.0% |
| Others | 3.4 | 0.5 | 0.4 | 2.2 | -13.5% |
| Total | 73.9 | 102 | 216 | 127 | 19.8% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Romania in 2022:
- Hungary (22.7 tons)
- Colombia (12.0 tons)
- Germany (11.6 tons)
- Czech Republic (8.9 tons)
- Italy (4.7 tons)
- Greece (3.5 tons)
- Poland (3.4 tons)
- Belgium (2.7 tons)
- Netherlands (1.8 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Romania
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter) were finally on the rise to reach 87 tons after two years of decline. In general, exports enjoyed significant growth. 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) soared to $74K in 2022. Over the period under review, exports continue to indicate significant growth. 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) in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | N/A | N/A | 73.3 | 0% |
| Others | 1.2 | 0.6 | 0.1 | 0.2 | -45.0% |
| Total | 1.2 | 0.6 | 0.1 | 73.5 | 294.2% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Romania in 2022:
- Bulgaria (87.3 tons)
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