Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $1,660 per ton in 2022, picking up by 2.3% against the previous year. Overall, the import price, however, saw a dramatic curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 12% against the previous year. The import price peaked at $1,027,650 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($12,000 per ton), while the price for Colombia ($1,249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.2%), 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 Slovakia (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $5,522 per ton, growing by 2.8% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 162% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($24,714 per ton), while the average price for exports to the Czech Republic ($2,964 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 Bulgaria (+34.4%), 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 Slovakia
In 2022, the amount of raw cane sugar (without flavoring or coloring matter) imported into Slovakia contracted to 116 tons, shrinking by -13.9% on the previous year's figure. In general, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 2.3% against the previous year. As a result, imports attained the peak of 135 tons, and then reduced in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) fell to $193K in 2022. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 6.1%.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 2.4 | 6.3 | 34.1 | 51.8 | 178.4% |
| Madagascar | 39.4 | 63.5 | 58.4 | 29.9 | -8.8% |
| Czech Republic | 18.8 | 13.7 | 19.6 | 22.3 | 5.9% |
| Austria | 4.4 | 11.2 | 16.7 | 16.0 | 53.8% |
| Mauritius | 26.0 | 3.4 | 4.1 | 0.5 | -73.2% |
| Malawi | 38.3 | 4.0 | N/A | N/A | -89.6% |
| United Kingdom | 27.8 | N/A | N/A | N/A | 0% |
| France | 58.1 | 72.3 | 74.9 | N/A | 13.5% |
| Cambodia | N/A | 7.5 | N/A | N/A | 0% |
| Others | 11.9 | 24.9 | 11.5 | 72.5 | 82.6% |
| Total | 227 | 207 | 219 | 193 | -5.3% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Slovakia in 2022:
- Colombia (41.5 tons)
- Madagascar (16.3 tons)
- Czech Republic (9.8 tons)
- Austria (3.6 tons)
- Mauritius (0.3 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia
In 2022, exports of raw cane sugar (without flavoring or coloring matter) from Slovakia skyrocketed to 634 kg, picking up by 245% compared with 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,460% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) surged to $3.5K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 6,614% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Slovakia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 309 | 13.0 | 999 | 79.8% |
| Ukraine | N/A | 155 | 958 | 766 | 122.3% |
| Romania | N/A | N/A | N/A | 602 | 0% |
| Bulgaria | N/A | N/A | N/A | 346 | 0% |
| Hungary | N/A | N/A | N/A | 219 | 0% |
| Others | 7.0 | 6.0 | 17.0 | 569 | 333.2% |
| Total | 7.0 | 470 | 988 | 3,501 | 693.8% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Slovakia in 2022:
- Czech Republic (337.0 kg)
- Ukraine (170.0 kg)
- Romania (40.0 kg)
- Hungary (40.0 kg)
- Bulgaria (14.0 kg)
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