Price for Sugars; Fructose, Chemically Pure, in Solid Form in the United Arab Emirates - 2022

Contents:

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

Price for Sugars; Fructose, Chemically Pure, in Solid Form in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,122 per ton, with an increase of 38% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 43%. As a result, import price attained the peak level of $1,226 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,792 per ton), while the price for Turkey ($700 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $290 per ton, dropping by -8.5% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,879 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to -7.1% per year.

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in the United Arab Emirates

In 2022, approx. 687 tons of sugars; fructose, chemically pure, in solid form were imported into the United Arab Emirates; rising by 67% compared with 2021. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $767K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to the United Arab Emirates in 2022:

1. Egypt (622.5 tons)
2. China (27.0 tons)
3. United States (17.4 tons)
4. Taiwan (Chinese) (11.6 tons)

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in shipments abroad of sugars; fructose, chemically pure, in solid form, when their volume decreased by -69.4% to 80 tons. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 3,783%.

In value terms, exports of sugars; fructose, chemically pure, in solid form contracted rapidly to $23K in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,753%. As a result, the exports reached the peak of $119K. 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 the United Arab Emirates in 2022:

1. India (80.0 tons)

Source: IndexBox Market Intelligence Platform