Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Venezuela - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Venezuela (CIF) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Venezuela
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Venezuela (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $443 per ton in 2022, with a decrease of -2.6% against the previous year. In general, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2017 an increase of 22%. Over the period under review, average import prices hit record highs at $630 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to -3.3% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Venezuela
In 2022, approx. 1.1K tons of raw cane sugar (without flavoring or coloring matter) were imported into Venezuela; with a decrease of -1.7% against the year before. Overall, imports recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 3.5%.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) shrank slightly to $483K in 2022. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 9.3% against the previous year.
Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nicaragua | 2,438 | 434 | 489 | 469 | -42.3% |
Others | 25.3 | 27.0 | 15.0 | 13.6 | -18.7% |
Total | 2,464 | 461 | 504 | 483 | -41.9% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Venezuela in 2022:
- Nicaragua (1075.1 tons)
This report provides an in-depth analysis of the sugar market in Venezuela.
This report provides an in-depth analysis of the sugar market in Venezuela.
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In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
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Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.