Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland (FOB) - 2023
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland (CIF) - 2022
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland (FOB) - 2023
In October 2023, the average export price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $6,010 per ton, picking up by 23% against the previous month. In general, the export price showed a prominent expansion. The pace of growth was the most pronounced in September 2023 when the average export price increased by 37% against the previous month. The export price peaked in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($14,506 per ton), while the average price for exports to Ukraine ($2,523 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 Norway (+9.2%), 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 Poland (CIF) - 2022
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $2,071 per ton in 2022, with an increase of 32% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum at $2,819 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($4,087 per ton), while the price for Denmark ($725 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland
In 2022, after three years of growth, there was significant decline in overseas shipments of refined cane or beet sugar (with added flavoring or coloring matter), when their volume decreased by -8.1% to 776 tons. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, 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 20% against the previous year.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) contracted modestly to $2.1M in 2022. The total export value increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 287 | 300 | 391 | 417 | 13.3% |
| United Kingdom | 267 | 459 | 452 | 401 | 14.5% |
| Slovakia | 83.4 | 87.4 | 259 | 351 | 61.5% |
| Ukraine | 170 | 235 | 49.4 | 205 | 6.4% |
| Lithuania | 96.0 | 177 | 173 | 99.2 | 1.1% |
| Germany | 65.8 | 77.3 | 101 | 74.1 | 4.0% |
| Netherlands | 65.0 | 47.7 | 81.2 | 67.2 | 1.1% |
| Hungary | 0.4 | 1.1 | 45.8 | 40.5 | 366.1% |
| Others | 464 | 550 | 540 | 413 | -3.8% |
| Total | 1,498 | 1,934 | 2,092 | 2,068 | 11.3% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Poland in 2022:
- Czech Republic (230.0 tons)
- Slovakia (146.2 tons)
- Ukraine (102.2 tons)
- United Kingdom (67.5 tons)
- Germany (61.7 tons)
- Lithuania (36.5 tons)
- Hungary (22.2 tons)
- Netherlands (20.8 tons)
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland
In 2022, overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -36.8% to 692 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 323% against the previous year. As a result, imports reached the peak of 2.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) reduced markedly to $1.4M in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 41.5 | 55.1 | 444 | 449 | 121.2% |
| Germany | 494 | 437 | 371 | 422 | -5.1% |
| Austria | 282 | 280 | 255 | 161 | -17.0% |
| Slovakia | 35.0 | 109 | 62.9 | 90.5 | 37.3% |
| France | 22.6 | 14.7 | 53.4 | 71.9 | 47.1% |
| Czech Republic | 193 | 177 | 152 | 71.7 | -28.1% |
| Netherlands | 9.3 | 0.1 | 38.1 | 63.3 | 89.5% |
| Denmark | 37.2 | 24.6 | 25.5 | 24.3 | -13.2% |
| Hungary | 508 | 151 | 9.9 | N/A | -86.0% |
| Others | 59.6 | 1,838 | 306 | 79.6 | 10.1% |
| Total | 1,682 | 3,087 | 1,718 | 1,433 | -5.2% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Poland in 2022:
- Germany (261.5 tons)
- United Kingdom (198.9 tons)
- France (76.9 tons)
- Slovakia (47.7 tons)
- Austria (39.4 tons)
- Denmark (33.5 tons)
- Netherlands (21.1 tons)
- Czech Republic (5.6 tons)
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