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

Contents:

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

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Pakistan (CIF) - 2022

The average import price for sugars; fructose, chemically pure, in solid form stood at $1,394 per ton in 2022, jumping by 69% against the previous year. Overall, the import price, however, recorded a noticeable downturn. The import price peaked at $2,197 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($1,660 per ton) and the Netherlands ($1,587 per ton), while the price for Egypt ($1,262 per ton) and the United States ($1,269 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-1.7%), while the prices for the other major suppliers experienced a decline.

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

In 2021, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,697 per ton, reducing by -37.1% against the previous year. Overall, the export price, however, saw a moderate increase. The most prominent rate of growth was recorded in 2013 an increase of 108%. As a result, the export price reached the peak level of $2,745 per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,679 per ton), while the average price for exports to Germany ($1,463 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.6%).

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

In 2022, supplies from abroad of sugars; fructose, chemically pure, in solid form decreased by -53.5% to 17 tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 293% against the previous year. As a result, imports reached the peak of 47 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of sugars; fructose, chemically pure, in solid form fell remarkably to $24K in 2022. Over the period under review, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 146%.

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

1. Egypt (6.5 tons)
2. United States (4.3 tons)
3. China (3.0 tons)
4. Turkey (2.5 tons)
5. Netherlands (0.8 tons)

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

In 2021, exports of sugars; fructose, chemically pure, in solid form from Pakistan skyrocketed to 197 tons, with an increase of 5,368% compared with 2020 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sugars; fructose, chemically pure, in solid form skyrocketed to $334K in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (102.6 tons)
2. United States (48.0 tons)
3. Australia (19.3 tons)
4. Norway (14.0 tons)
5. South Korea (8.0 tons)
6. Peru (5.0 tons)

Source: IndexBox Market Intelligence Platform