Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium (FOB) - 2023
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium (CIF) - 2023
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium (FOB) - 2023
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $3,400 per ton in October 2023, surging by 179% against the previous month. Over the period under review, the export price showed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($5,402 per ton), while the average price for exports to Switzerland ($1,848 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium (CIF) - 2023
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $5,157 per ton in October 2023, rising by 108% against the previous month. Over the period under review, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +4.7% per month.
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium
In 2022, exports of refined cane or beet sugar (with added flavoring or coloring matter) from Belgium declined rapidly to 5K tons, with a decrease of -32.8% compared with the previous year's figure. Overall, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 174% against the previous year. As a result, the exports attained the peak of 7.4K tons, and then reduced markedly in the following year.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) dropped sharply to $9M in 2022. Over the period under review, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 117%. As a result, the exports reached the peak of $15M, and then fell dramatically in the following year.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1.9 | 2.0 | 1.4 | 2.3 | 6.6% |
| Netherlands | 0.3 | 0.3 | 1.9 | 2.2 | 94.3% |
| Germany | 2.9 | 2.8 | 3.0 | 2.0 | -11.6% |
| France | 0.2 | 0.2 | 6.2 | 1.0 | 71.0% |
| Angola | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Others | 1.3 | 1.1 | 1.8 | 1.2 | -2.6% |
| Total | 6.8 | 6.7 | 14.5 | 9.0 | 9.8% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Belgium in 2022:
- Netherlands (2155.4 tons)
- Germany (1100.7 tons)
- Democratic Republic of the Congo (794.1 tons)
- France (528.2 tons)
- Angola (109.1 tons)
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium
In 2022, overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter) increased by 2.1% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a slight shrinkage.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) expanded slightly to $4.2M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 8.8% against the previous year. As a result, imports reached the peak of $4.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.2 | 3.5 | 2.1 | 2.2 | -11.7% |
| Netherlands | 0.7 | 0.7 | 1.4 | 1.7 | 34.4% |
| France | 0.4 | 0.4 | 0.4 | 0.2 | -20.6% |
| Morocco | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.3 | 4.7 | 4.1 | 4.2 | -0.8% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Belgium in 2022:
- Germany (770.6 tons)
- Netherlands (746.8 tons)
- France (52.7 tons)
- Morocco (32.4 tons)
255
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Belgium.
108
This report provides an in-depth analysis of the sugar market in Belgium.
414
This report provides an in-depth analysis of the raw cane sugar market in Belgium.
441
This report provides an in-depth analysis of the refined cane sugar market in Belgium.
420
This report provides an in-depth analysis of the market for refined white cane sugar in Belgium.
819
This report provides an in-depth analysis of the sugar market in Belgium.
605
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
146
This report provides an in-depth analysis of the global sugar market.
730
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
594
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
1345
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 ...
1715
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
313
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.
1353
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.
1094
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
964
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1345
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 ...
1715
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
313
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.
1353
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.
