Price for Sugars; Fructose, Chemically Pure, in Solid Form in Austria - 2023

Contents:

1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Austria (CIF) - 2023
2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Austria (FOB) - 2022
3. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Austria
4. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Austria

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Austria (CIF) - 2023

The average import price for sugars; fructose, chemically pure, in solid form stood at $1,880 per ton in September 2023, which is down by -6.2% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 16% month-to-month. As a result, import price reached the peak level of $2,062 per ton. From March 2023 to September 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From December 2022 to September 2023, the rate of growth in terms of prices for Turkey amounted to +3.2% per month.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Austria (FOB) - 2022

In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,659 per ton, surging by 85% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The export price peaked at $2,299 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,282 per ton), while the average price for exports to Finland ($894 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 Switzerland (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Austria

In 2022, the amount of sugars; fructose, chemically pure, in solid form imported into Austria skyrocketed to 1.8K tons, picking up by 29% against 2021. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 83% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of sugars; fructose, chemically pure, in solid form soared to $2.3M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Austria in 2022:

1. Germany (519.6 tons)
2. Czech Republic (508.9 tons)
3. Turkey (500.2 tons)
4. Poland (82.7 tons)
5. Netherlands (69.5 tons)
6. Denmark (59.9 tons)
7. Hungary (29.8 tons)
8. Slovakia (4.5 tons)

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Austria

In 2022, overseas shipments of sugars; fructose, chemically pure, in solid form decreased by -38.9% to 86 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 670% against the previous year. As a result, the exports attained the peak of 267 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of sugars; fructose, chemically pure, in solid form fell dramatically to $143K in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 549% against the previous year. As a result, the exports reached the peak of $256K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Austria in 2022:

1. Italy (27.3 tons)
2. Switzerland (20.0 tons)
3. Finland (15.0 tons)
4. Hungary (12.1 tons)
5. France (5.0 tons)
6. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform