Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,004 per ton, jumping by 268% against the previous year. Over the period under review, the import price showed moderate growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($5,427 per ton), while the price for India ($619 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.9%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $1,093 per ton, surging by 7.3% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for refined cane or beet sugar (with added flavoring or coloring matter) increased by +97.9% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 79%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($3,509 per ton), while the average price for exports to Yemen ($583 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 Qatar (+14.1%), 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 United Arab Emirates
In 2022, after three years of growth, there was significant decline in supplies from abroad of refined cane or beet sugar (with added flavoring or coloring matter), when their volume decreased by -89% to 1.3K tons. Overall, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 613% against the previous year.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) reduced rapidly to $2.6M in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 274%.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | N/A | N/A | N/A | 1,212 | 0% |
| United Kingdom | 121 | 75.4 | 334 | 627 | 73.0% |
| Saudi Arabia | 115 | 516 | 457 | 442 | 56.6% |
| United States | 362 | 132 | 365 | 115 | -31.8% |
| India | 107 | 2,706 | 4,915 | 39.5 | -28.3% |
| Thailand | 113 | 26.1 | 3.2 | 3.7 | -68.0% |
| Iran | 39.9 | 133 | 213 | N/A | 131.0% |
| Others | 108 | 20.4 | 209 | 194 | 21.6% |
| Total | 966 | 3,610 | 6,496 | 2,633 | 39.7% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to the United Arab Emirates in 2022:
- Mauritius (653.6 tons)
- United Kingdom (409.4 tons)
- Saudi Arabia (81.4 tons)
- India (63.8 tons)
- United States (40.3 tons)
- Thailand (3.7 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates
In 2022, overseas shipments of refined cane or beet sugar (with added flavoring or coloring matter) increased by 166% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic downturn.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) skyrocketed to $1.4M in 2022. Overall, exports, however, recorded a precipitous descent.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 63.1 | 305 | 136 | 460 | 93.9% |
| Jordan | 4.6 | 35.2 | 32.9 | 281 | 293.8% |
| Somalia | N/A | N/A | N/A | 263 | 0% |
| Iraq | N/A | N/A | N/A | 194 | 0% |
| Yemen | N/A | N/A | N/A | 78.5 | 0% |
| Afghanistan | 8,820 | N/A | N/A | 4.1 | -92.3% |
| Others | 103 | 267 | 337 | 162 | 16.3% |
| Total | 8,990 | 606 | 506 | 1,443 | -45.7% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from the United Arab Emirates in 2022:
- Saudi Arabia (568.6 tons)
- Somalia (346.8 tons)
- Yemen (134.5 tons)
- Jordan (126.2 tons)
- Iraq (55.3 tons)
- Afghanistan (3.6 tons)
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