Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia (CIF) - 2023
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia (CIF) - 2023
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $3,619 per ton in October 2023, standing approximately at the previous month. Overall, import price indicated a temperate expansion from October 2022 to October 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for refined cane or beet sugar (with added flavoring or coloring matter) increased by +89.2% against July 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 119% month-to-month. As a result, import price reached the peak level of $3,925 per ton. From June 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Bosnia and Herzegovina ($3,840 per ton), while the price for Serbia ($2,968 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $4,670 per ton in 2022, shrinking by -5.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 5.5% against the previous year. Over the period under review, the average export prices attained the maximum at $5,160 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,956 per ton), while the average price for exports to Slovenia ($4,226 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 the United States (+1.6%), while the prices for the other major destinations experienced a decline.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia
In 2022, imports of refined cane or beet sugar (with added flavoring or coloring matter) into Croatia amounted to 369 tons, almost unchanged from the year before. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) rose slightly to $922K in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports attained the peak of $928K. 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 Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 243 | 266 | 280 | 356 | 13.6% |
| Hungary | 343 | 381 | 343 | 291 | -5.3% |
| Bosnia and Herzegovina | 83.1 | 89.9 | 94.7 | 101 | 6.7% |
| North Macedonia | 12.6 | 43.7 | 41.7 | 44.9 | 52.7% |
| Serbia | 29.0 | 27.7 | 31.5 | 36.9 | 8.4% |
| Czech Republic | 28.6 | 26.4 | 20.5 | 33.0 | 4.9% |
| Slovenia | 8.1 | 6.6 | 21.5 | 21.1 | 37.6% |
| Poland | N/A | 53.4 | 16.9 | N/A | -68.4% |
| Others | 23.1 | 33.4 | 42.0 | 37.3 | 17.3% |
| Total | 771 | 928 | 892 | 922 | 6.1% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Croatia in 2022:
- Germany (126.6 tons)
- Hungary (121.7 tons)
- Bosnia and Herzegovina (38.1 tons)
- Slovenia (19.4 tons)
- Serbia (17.8 tons)
- Czech Republic (16.8 tons)
- North Macedonia (15.3 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia
In 2022, shipments abroad of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -9.3% to 159 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 30% against the previous year. As a result, the exports attained the peak of 189 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) dropped to $744K in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. As a result, the exports reached the peak of $903K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 358 | 515 | 516 | 443 | 7.4% |
| Slovenia | 125 | 172 | 157 | 151 | 6.5% |
| North Macedonia | 56.1 | 74.7 | 55.8 | 55.4 | -0.4% |
| United States | 50.5 | 58.1 | 46.3 | 35.8 | -10.8% |
| Montenegro | 17.9 | 21.7 | 22.4 | 19.4 | 2.7% |
| Others | 51.8 | 61.7 | 66.8 | 39.2 | -8.9% |
| Total | 660 | 903 | 865 | 744 | 4.1% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Croatia in 2022:
- Bosnia and Herzegovina (97.7 tons)
- Slovenia (35.8 tons)
- North Macedonia (11.3 tons)
- United States (4.5 tons)
- Montenegro (3.6 tons)
197
This report provides an in-depth analysis of the sugar market in Croatia.
614
This report provides an in-depth analysis of the sugar market in Croatia.
608
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
150
This report provides an in-depth analysis of the global sugar market.
732
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
601
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
638
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
2421
This report provides an in-depth analysis of the global sugar market.
197
This report provides an in-depth analysis of the sugar market in Croatia.
614
This report provides an in-depth analysis of the sugar market in Croatia.
1348
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 ...
1717
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>
323
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.
1364
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.
1100
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
970
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1348
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 ...
1717
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>
323
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.
1364
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.
