Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $2,271 per ton, surging by 2.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($2,794 per ton), while the price for the Netherlands ($1,345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+1.4%), 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 Switzerland (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $5,806 per ton in 2022, increasing by 5% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +188.3% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland
In 2022, imports of raw cane sugar (without flavoring or coloring matter) into Switzerland contracted significantly to 318 tons, falling by -24.9% compared with the previous year's figure. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 21%.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) fell significantly to $723K in 2022. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 219 | 227 | 335 | 392 | 21.4% |
| Brazil | 491 | 189 | 391 | 170 | -29.8% |
| Costa Rica | 109 | 37.4 | 75.7 | 36.5 | -30.6% |
| Germany | 99.6 | 54.5 | 1.6 | 34.2 | -30.0% |
| Colombia | 0.7 | 0.3 | 6.0 | 16.3 | 185.6% |
| Paraguay | 66.4 | 110 | 77.5 | 13.5 | -41.2% |
| Netherlands | N/A | N/A | 0.1 | 8.6 | 8500.0% |
| Others | 28.3 | 52.3 | 47.8 | 51.1 | 21.8% |
| Total | 1,014 | 670 | 935 | 723 | -10.7% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Switzerland in 2022:
- Philippines (147.8 tons)
- Brazil (96.8 tons)
- Costa Rica (20.0 tons)
- Germany (14.4 tons)
- Paraguay (7.5 tons)
- Netherlands (6.4 tons)
- Colombia (5.8 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland
Exports of raw cane sugar (without flavoring or coloring matter) from Switzerland contracted markedly to 2 tons in 2022, shrinking by -36% on the previous year's figure. In general, exports faced a deep contraction. The smallest decline of -5.6% was in 2020.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) dropped dramatically to $12K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 6.1 | 12.0 | 11.6 | 37.9% |
| Netherlands | 1.9 | N/A | N/A | N/A | 0% |
| Austria | 9.8 | 10.2 | 5.4 | N/A | -25.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.7 | 16.2 | 17.3 | 11.6 | -0.3% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Switzerland in 2022:
- Germany (2.0 tons)
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