Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $916 per ton, with a decrease of -5.7% against the previous year. In general, the import price saw a mild downturn. The pace of growth appeared the most rapid in 2014 an increase of 27%. As a result, import price attained the peak level of $1,384 per ton. From 2015 to 2022, the average import prices remained at a 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 Taiwan (Chinese) ($2,147 per ton), while the price for India ($659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $1,723 per ton in 2022, falling by -14.6% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 560% against the previous year. As a result, the export price attained the peak level of $6,610 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($20,900 per ton), while the average price for exports to Bangladesh ($1,261 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 South Korea (+86.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore
In 2022, imports of raw cane sugar (without flavoring or coloring matter) into Singapore soared to 340 tons, picking up by 91% against 2021. In general, imports, however, saw a abrupt descent.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) soared to $312K in 2022. Over the period under review, imports, however, saw a abrupt descent.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 138 | 211 | 53.2 | 188 | 10.9% |
| Brazil | 30.6 | 60.2 | 30.0 | 43.9 | 12.8% |
| Thailand | 52.6 | 83.9 | 6.0 | 18.0 | -30.1% |
| India | 10.4 | 21.1 | 28.4 | 14.7 | 12.2% |
| Paraguay | 1.4 | 1.0 | 7.0 | 10.7 | 97.0% |
| China | 63.9 | 8.1 | 12.8 | 8.7 | -48.6% |
| Taiwan (Chinese) | 147 | 82.7 | 11.1 | 3.8 | -70.4% |
| Others | 39.0 | 30.2 | 24.0 | 23.7 | -15.3% |
| Total | 483 | 498 | 173 | 312 | -13.6% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Singapore in 2022:
- Mauritius (229.0 tons)
- Brazil (38.2 tons)
- India (22.3 tons)
- Thailand (21.8 tons)
- Paraguay (8.3 tons)
- China (8.0 tons)
- Taiwan (Chinese) (1.8 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Singapore
In 2022, approx. 35 tons of raw cane sugar (without flavoring or coloring matter) were exported from Singapore; increasing by 104% on the previous year's figure. In general, exports enjoyed a significant expansion. As a result, the exports attained 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 $61K in 2022. Overall, exports continue to indicate a resilient increase. 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 2.0 | 3.5 | 0.7 | 31.2 | 149.9% |
| Brunei Darussalam | 0.5 | 15.7 | 2.7 | 7.5 | 146.6% |
| Hong Kong SAR | 0.2 | 0.2 | 0.4 | 5.3 | 198.1% |
| Canada | N/A | N/A | 2.6 | 4.8 | 84.6% |
| Malaysia | N/A | N/A | N/A | 3.1 | 0% |
| United Arab Emirates | 36.0 | 0.2 | N/A | N/A | -99.4% |
| Maldives | N/A | N/A | 7.2 | N/A | 0% |
| Indonesia | 5.4 | N/A | 0.3 | N/A | -76.4% |
| Oman | N/A | N/A | 14.9 | N/A | 0% |
| Seychelles | N/A | N/A | 3.0 | N/A | 0% |
| Others | 4.7 | 7.1 | 3.1 | 8.7 | 22.8% |
| Total | 48.8 | 26.8 | 34.8 | 60.7 | 7.5% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Singapore in 2022:
- Bangladesh (24.7 tons)
- Brunei Darussalam (5.2 tons)
- Hong Kong SAR (1.6 tons)
- Canada (1.5 tons)
- Malaysia (0.9 tons)
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