Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Pakistan - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Pakistan (FOB) - 2022
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Pakistan
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Pakistan (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $891 per ton in 2022, which is down by -18.5% against the previous year. Overall, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2020 when the average export price increased by 50%. Over the period under review, the average export prices attained the maximum at $1,093 per ton in 2021, and then shrank remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +7.6% per year.
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Pakistan
In 2022, overseas shipments of refined cane or beet sugar (with added flavoring or coloring matter) were finally on the rise to reach 212K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt slump.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) dropped to $189M in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of $207M, and then declined in the following year.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 143 | 172 | 206 | 189 | 9.7% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 143 | 172 | 207 | 189 | 9.7% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Pakistan in 2022:
- Afghanistan (212.4K tons)
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