Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ukraine - 2023

Contents:

  1. Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ukraine (CIF) - 2022
  2. Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ukraine

Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ukraine (CIF) - 2022

In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $3,469 per ton, with a decrease of -10.1% against the previous year. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. The import price peaked at $4,172 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($5,141 per ton), while the price for Mauritius amounted to $3,058 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (-0.2%), while the prices for the other major suppliers experienced a decline.

Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ukraine

In 2022, overseas purchases of raw cane sugar (without flavoring or coloring matter) decreased by -56.5% to 755 kg, falling for the second year in a row after two years of growth. In general, imports recorded a sharp contraction. The growth pace was the most rapid in 2020 when imports increased by 59% against the previous year. As a result, imports reached the peak of 3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of raw cane sugar (without flavoring or coloring matter) contracted dramatically to $2.6K in 2022. Overall, imports saw a dramatic contraction. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year. As a result, imports reached the peak of $8.7K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritius0.52.11.71.956.0%
SlovakiaN/A0.10.60.8182.8%
Russia0.42.80.5N/A11.8%
Paraguay0.10.71.0N/A216.2%
Vietnam4.1N/AN/AN/A0%
IndiaN/AN/A0.9N/A0%
Israel0.8N/AN/AN/A0%
MauritaniaN/A0.4N/AN/A0%
Others0.22.52.0N/A216.2%
Total6.18.76.72.6-24.7%

Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Ukraine in 2022:

  1. Mauritius (606.0 kg)
  2. Slovakia (149.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Raw Beet Sugar (without flavoring or coloring matter) - Ukraine