Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $1,570 per ton, with a decrease of -11.9% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the maximum at $2,294 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,262 per ton), while the price for Romania ($939 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK (FOB) - 2022
In 2022, the average export price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,100 per ton, with an increase of 25% against the previous year. Overall, the export price, however, saw a mild downturn. Over the period under review, the average export prices attained the maximum at $2,377 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 Norway ($3,818 per ton), while the average price for exports to Israel ($857 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 Norway (+20.8%), 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 the UK
In 2022, approx. 2.8K tons of refined cane or beet sugar (with added flavoring or coloring matter) were imported into the UK; with a decrease of -23.3% against 2021. Overall, imports continue to indicate a precipitous decrease. The smallest decline of -10.1% was in 2021.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) fell significantly to $4.4M in 2022. Over the period under review, imports saw a sharp curtailment. The smallest decline of -10.9% was in 2021.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,265 | 3,607 | 2,709 | 1,821 | -7.0% |
| India | 435 | 639 | 1,400 | 1,018 | 32.8% |
| France | 1,397 | 463 | 669 | 495 | -29.2% |
| Romania | 255 | 199 | 90.5 | 381 | 14.3% |
| Ireland | 3,853 | 127 | 165 | 177 | -64.2% |
| Germany | 508 | 1,107 | 144 | 25.4 | -63.2% |
| Others | 818 | 1,122 | 1,296 | 457 | -17.6% |
| Total | 9,530 | 7,264 | 6,473 | 4,375 | -22.9% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to the UK in 2022:
- United States (969.7 tons)
- India (702.7 tons)
- France (411.6 tons)
- Romania (405.9 tons)
- Ireland (92.4 tons)
- Germany (11.2 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK
In 2022, shipments abroad of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -9.7% to 2K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 6.8% against the previous year. As a result, the exports reached the peak of 2.6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) expanded sharply to $4.3M in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 326 | 300 | 496 | 674 | 27.4% |
| Poland | 161 | 251 | 443 | 458 | 41.7% |
| Singapore | 174 | 298 | 404 | 324 | 23.0% |
| Germany | 283 | 394 | 150 | 240 | -5.3% |
| Netherlands | 439 | 422 | 204 | 216 | -21.1% |
| Ireland | 473 | 433 | 405 | 208 | -24.0% |
| Norway | 268 | 284 | 241 | 202 | -9.0% |
| Kuwait | 51.5 | 85.5 | 115 | 196 | 56.1% |
| Denmark | 1.7 | 26.7 | 129 | 194 | 385.0% |
| Saudi Arabia | 66.8 | 88.2 | 168 | 151 | 31.2% |
| Spain | 54.4 | 54.4 | 25.1 | 80.5 | 14.0% |
| Portugal | 17.0 | 34.7 | 78.5 | 70.4 | 60.6% |
| Israel | 182 | 383 | 136 | 51.4 | -34.4% |
| Others | 724 | 617 | 787 | 1,202 | 18.4% |
| Total | 3,222 | 3,671 | 3,781 | 4,270 | 9.8% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from the UK in 2022:
- United Arab Emirates (442.8 tons)
- Singapore (220.1 tons)
- Germany (207.4 tons)
- Ireland (150.7 tons)
- Poland (141.3 tons)
- Netherlands (112.0 tons)
- Saudi Arabia (94.1 tons)
- Kuwait (75.4 tons)
- Denmark (63.6 tons)
- Spain (61.3 tons)
- Israel (60.0 tons)
- Norway (52.9 tons)
- Portugal (38.8 tons)
268
This report provides an in-depth analysis of the market for flavoured refined cane sugar in the UK.
148
This report provides an in-depth analysis of the sugar market in the UK.
292
This report provides an in-depth analysis of the raw cane sugar market in the UK.
310
This report provides an in-depth analysis of the refined cane sugar market in the UK.
503
This report provides an in-depth analysis of the market for refined white cane sugar in the UK.
886
This report provides an in-depth analysis of the sugar market in the UK.
618
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
156
This report provides an in-depth analysis of the global sugar market.
773
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
613
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
1372
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 ...
1737
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>
350
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.
1471
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.
1133
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
983
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1372
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 ...
1737
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>
350
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.
1471
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.
