Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uruguay - 2022

Contents:

  1. Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uruguay (CIF) - 2022
  2. Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uruguay

Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uruguay (CIF) - 2022

The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $3,443 per ton in 2022, growing by 59% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price attained 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 the United States ($11,593 per ton), while the price for Brazil stood at $2,779 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%).

Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uruguay

In 2022, imports of refined cane or beet sugar (with added flavoring or coloring matter) into Uruguay dropped remarkably to 1.1 tons, reducing by -20% on 2021 figures. Overall, imports saw a deep slump. The growth pace was the most rapid in 2021 when imports increased by 216% against the previous year. As a result, imports attained the peak of 1.3 tons, and then contracted sharply in the following year.

In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) skyrocketed to $3.7K in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 180%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2,5935541,6322,7622.1%
United States53037952093921.0%
Taiwan (Chinese)52.0109762N/A282.8%
OthersN/AN/AN/AN/A0%
Total3,1751,0422,9143,7015.2%

Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Uruguay in 2022:

  1. Brazil (994.0 kg)
  2. United States (81.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Refined Cane or Beet Sugar (with added flavoring or coloring Matter) - Uruguay