Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,057 per ton, with a decrease of -14.4% against the previous year. In general, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of 9.5%. As a result, import price reached the peak level of $3,196 per ton. From 2015 to 2022, the average 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 Croatia ($4,506 per ton), while the price for Bosnia and Herzegovina ($2,211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.4%), 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 Slovenia (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $4,483 per ton in 2022, surging by 21% against the previous year. Overall, the export price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 36%. Over the period under review, the average export prices attained the maximum at $7,924 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($17,054 per ton), while the average price for exports to Austria ($2,735 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 Italy (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia
For the fourth year in a row, Slovenia recorded growth in overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter), which increased by 15% to 360 tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports of hit record highs 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) fell modestly to $740K in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 188 | 224 | 216 | 167 | -3.9% |
| Croatia | 126 | 182 | 166 | 157 | 7.6% |
| Austria | 141 | 159 | 149 | 135 | -1.4% |
| Germany | 81.3 | 95.3 | 82.2 | 113 | 11.6% |
| North Macedonia | N/A | 29.5 | 46.0 | 38.1 | 13.6% |
| Bosnia and Herzegovina | 7.9 | 4.0 | 4.6 | 10.0 | 8.2% |
| Others | 39.6 | 26.4 | 90.4 | 120 | 44.7% |
| Total | 584 | 721 | 753 | 740 | 8.2% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Slovenia in 2022:
- Hungary (70.2 tons)
- Austria (53.6 tons)
- Croatia (34.9 tons)
- Germany (26.9 tons)
- North Macedonia (12.3 tons)
- Bosnia and Herzegovina (4.5 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Slovenia
In 2022, overseas shipments of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -65.2% to 391 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 895% against the previous year. As a result, the exports reached the peak of 1.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) dropped rapidly to $1.8K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 451% against the previous year. As a result, the exports reached the peak of $5.2K. 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 Slovenia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 183 | 7.0 | 2,586 | 946 | 72.9% |
| Italy | 478 | 782 | 1,455 | 631 | 9.7% |
| Austria | 102 | 123 | 46.0 | 93.0 | -3.0% |
| Germany | N/A | 61.0 | 83.0 | N/A | 36.1% |
| Albania | N/A | 2,252 | N/A | N/A | 0% |
| Others | 179 | 1,967 | 3.0 | 83.0 | -22.6% |
| Total | 942 | 5,192 | 4,173 | 1,753 | 23.0% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Slovenia in 2022:
- Croatia (318.0 kg)
- Italy (37.0 kg)
- Austria (34.0 kg)
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