Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,162 per ton, growing by 3.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 14%. Over the period under review, average import prices hit record highs at $2,359 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($36,000 per ton), while the price for Denmark ($1,989 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.0%), 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 Finland (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $10,735 per ton in 2022, rising by 55% against the previous year. Over the period under review, the export price posted buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($11,757 per ton), while the average price for exports to Lithuania ($1,530 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 Sweden (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland
In 2022, approx. 822 tons of refined cane or beet sugar (with added flavoring or coloring matter) were imported into Finland; waning by -12.9% compared with the previous year's figure. In general, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8%. As a result, imports reached the peak of 943 tons, and then dropped in the following year.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) reduced to $1.8M in 2022. Overall, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of $2M, and then fell in the following year.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1,369 | 1,339 | 1,501 | 1,304 | -1.6% |
| Sweden | 368 | 365 | 358 | 241 | -13.2% |
| Latvia | N/A | N/A | N/A | 145 | 0% |
| Hungary | 43.6 | 54.7 | 57.7 | 44.3 | 0.5% |
| Others | 57.0 | 12.6 | 49.2 | 43.1 | -8.9% |
| Total | 1,838 | 1,772 | 1,966 | 1,777 | -1.1% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Finland in 2022:
- Denmark (655.4 tons)
- Sweden (96.9 tons)
- Latvia (49.1 tons)
- Hungary (12.8 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland
In 2022, approx. 10 tons of refined cane or beet sugar (with added flavoring or coloring matter) were exported from Finland; falling by -50% compared with the previous year's figure. Overall, exports continue to indicate a sharp curtailment. The smallest decline of -6.5% was in 2021.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) fell notably to $107K in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, the exports reached the peak of $138K, and then contracted dramatically in the following year.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 65.2 | 75.8 | 116 | 104 | 16.8% |
| Lithuania | 16.1 | 8.9 | 5.6 | 1.3 | -56.8% |
| Sweden | 47.1 | 12.0 | 6.8 | 0.2 | -83.8% |
| Russia | 4.3 | 3.7 | 1.1 | N/A | -49.4% |
| Denmark | N/A | N/A | 6.9 | N/A | 0% |
| Others | 2.4 | 0.7 | 1.3 | 1.8 | -9.1% |
| Total | 135 | 101 | 138 | 107 | -7.5% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Finland in 2022:
- Estonia (8.8 tons)
- Lithuania (0.9 tons)
332
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Finland.
144
This report provides an in-depth analysis of the sugar market in Finland.
301
This report provides an in-depth analysis of the raw cane sugar market in Finland.
400
This report provides an in-depth analysis of the refined cane sugar market in Finland.
409
This report provides an in-depth analysis of the market for refined white cane sugar in Finland.
723
This report provides an in-depth analysis of the sugar market in Finland.
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.
595
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>
315
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.
1356
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...
965
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>
315
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.
1356
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.
