Price for Sugars; Fructose, Chemically Pure, in Solid Form in Canada - 2024
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Canada (CIF) - 2024
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Canada (FOB) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Canada
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Canada
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Canada (CIF) - 2024
The average import price for sugars; fructose, chemically pure, in solid form stood at $2,332 per ton in September 2023, with an increase of 14% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was China ($4,393 per ton), while the price for Turkey ($1,708 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Canada (FOB) - 2022
The average export price for sugars; fructose, chemically pure, in solid form stood at $1,195 per ton in 2022, falling by -5.9% against the previous year. In general, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2015 an increase of 25%. As a result, the export price attained the peak level of $1,738 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,208 per ton), while the average price for exports to France amounted to $1,136 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.1%), while the prices for the other major destinations experienced a decline.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Canada
In 2022, the amount of sugars; fructose, chemically pure, in solid form imported into Canada amounted to 2.6K tons, approximately reflecting 2021 figures. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of sugars; fructose, chemically pure, in solid form rose rapidly to $4.5M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,499 | 2,818 | 3,111 | 3,278 | 9.5% |
| Israel | 90.9 | 490 | 515 | 371 | 59.8% |
| Turkey | 158 | 167 | 236 | 291 | 22.6% |
| Taiwan (Chinese) | 271 | 92.3 | 113 | 253 | -2.3% |
| China | 13.5 | 24.0 | 53.9 | 215 | 151.6% |
| Netherlands | 379 | 2.3 | 72.7 | 66.0 | -44.2% |
| Others | 185 | 188 | 99.8 | 27.5 | -47.0% |
| Total | 3,597 | 3,782 | 4,201 | 4,502 | 7.8% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Canada in 2022:
- United States (2019.7 tons)
- Turkey (153.0 tons)
- Taiwan (Chinese) (152.1 tons)
- Israel (138.8 tons)
- China (81.4 tons)
- Netherlands (18.7 tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Canada
In 2022, exports of sugars; fructose, chemically pure, in solid form from Canada reduced remarkably to 24 tons, with a decrease of -38.5% compared with 2021. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 618%. As a result, the exports attained the peak of 39 tons, and then contracted sharply in the following year.
In value terms, exports of sugars; fructose, chemically pure, in solid form dropped significantly to $29K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 604%. As a result, the exports attained the peak of $50K, and then contracted significantly in the following year.
| Export of Sugars; Fructose, Chemically Pure, in Solid Form in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 2.2 | 41.8 | 23.8 | 228.9% |
| France | 6.8 | 4.6 | 4.9 | 4.9 | -10.3% |
| Barbados | N/A | N/A | 2.5 | N/A | 0% |
| Others | 0.2 | 0.2 | 0.6 | 0.1 | -20.6% |
| Total | 6.9 | 7.1 | 49.7 | 28.8 | 61.0% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Canada in 2022:
- United States (19.7 tons)
- France (4.3 tons)
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