Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria (FOB) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria (CIF) - 2022
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria (FOB) - 2022
In 2022, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $484 per ton, with a decrease of -6.9% against the previous year. In general, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. Over the period under review, the average export prices hit record highs at $778 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($682 per ton), while the average price for exports to Iraq ($246 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 Mauritania (+1.4%), while the prices for the other major destinations experienced a decline.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $496 per ton, which is down by -12.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $752 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Tajikistan ($1,796 per ton), while the price for Germany ($310 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria
After two years of decline, overseas shipments of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by 0.1% to 490K tons in 2022. Overall, exports, however, showed a mild curtailment.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose shrank to $237M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 17%.
Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | 24.8 | 48.1 | 52.1 | 52.3 | 28.2% |
Tunisia | 36.4 | 23.1 | 13.6 | 26.4 | -10.2% |
Mauritania | 2.5 | 22.7 | 28.6 | 23.9 | 112.2% |
Egypt | 10.5 | 11.7 | 15.7 | 23.9 | 31.5% |
Sudan | 11.4 | 10.7 | 12.0 | 15.3 | 10.3% |
Lebanon | 20.6 | 16.9 | 29.5 | 12.8 | -14.7% |
United Arab Emirates | 2.2 | 5.5 | 5.3 | 6.8 | 45.7% |
Pakistan | 6.4 | 7.2 | 6.5 | 6.3 | -0.5% |
Libya | 2.6 | 2.9 | 3.9 | 5.8 | 30.7% |
Russia | 1.6 | 2.1 | 4.4 | 5.5 | 50.9% |
Spain | 5.4 | 5.4 | 12.9 | 5.0 | -2.5% |
Albania | 4.0 | 3.2 | 3.2 | 3.5 | -4.4% |
Iraq | 2.2 | 2.0 | 2.1 | 2.7 | 7.1% |
Others | 57.2 | 58.1 | 64.2 | 46.7 | -6.5% |
Total | 188 | 220 | 254 | 237 | 8.0% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Algeria in 2022:
- Jordan (92.1K tons)
- Tunisia (54.0K tons)
- Egypt (49.6K tons)
- Mauritania (39.6K tons)
- Lebanon (26.2K tons)
- Sudan (22.5K tons)
- Pakistan (18.3K tons)
- United Arab Emirates (16.5K tons)
- Libya (15.2K tons)
- Russia (13.4K tons)
- Spain (12.8K tons)
- Albania (11.6K tons)
- Iraq (10.8K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria
In 2022, overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose were finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep contraction.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose contracted to $946K in 2022. In general, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year.
Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 544 | 388 | 448 | 426 | -7.8% |
Tajikistan | 162 | 133 | 178 | 195 | 6.4% |
Thailand | 272 | 163 | 159 | 127 | -22.4% |
Egypt | 49.1 | 40.3 | 53.8 | 59.0 | 6.3% |
Brazil | 147 | 77.2 | 50.7 | 46.6 | -31.8% |
Denmark | 41.1 | 27.9 | 30.6 | 27.7 | -12.3% |
Czech Republic | 50.3 | 30.9 | 30.8 | 25.3 | -20.5% |
Others | 89.0 | 39.9 | 40.8 | 39.4 | -23.8% |
Total | 1,354 | 900 | 992 | 946 | -11.3% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Algeria in 2022:
- Germany (1373.4 tons)
- Tajikistan (108.4 tons)
- Thailand (100.4 tons)
- Egypt (76.2 tons)
- Brazil (73.8 tons)
- Czech Republic (54.6 tons)
- Denmark (49.8 tons)
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Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.