Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus (FOB) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus (CIF) - 2022
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus (FOB) - 2022
In March 2022, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $678 per ton, growing by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In March 2022, the country with the highest price was Tajikistan ($682 per ton), while the average price for exports to Russia ($534 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $712 per ton, picking up by 18% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 64% against the previous year. Over the period under review, average import prices reached the maximum at $1,120 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.5% per year.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus
In 2022, shipments abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -78.1% to 45K tons, falling for the second year in a row after two years of growth. In general, exports faced a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 60% against the previous year. As a result, the exports attained the peak of 445K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose dropped notably to $28M in 2022. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of $152M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 80.7 | 69.1 | 56.3 | 14.3 | -43.8% |
| Kazakhstan | 14.1 | 33.9 | 18.7 | 4.6 | -31.2% |
| China | N/A | 6.9 | 13.6 | 3.1 | -33.0% |
| Uzbekistan | 3.5 | 12.7 | 11.6 | 2.6 | -9.4% |
| Tajikistan | 3.6 | 7.0 | 5.0 | 1.2 | -30.7% |
| Kyrgyzstan | 0.5 | 4.2 | 3.8 | 0.9 | 21.6% |
| Ukraine | 5.1 | 1.2 | N/A | 0.4 | -57.2% |
| Others | 2.4 | 16.9 | 3.5 | 1.3 | -18.5% |
| Total | 110 | 152 | 113 | 28.4 | -36.3% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Belarus in 2022:
- Russia (22.4K tons)
- Kazakhstan (7.7K tons)
- Uzbekistan (5.4K tons)
- China (4.0K tons)
- Tajikistan (1.7K tons)
- Kyrgyzstan (1.0K tons)
- Ukraine (0.6K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus
In 2022, the amount of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose imported into Belarus fell sharply to 1.9K tons, which is down by -37% against the previous year. Over the period under review, imports faced a sharp curtailment.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose reduced remarkably to $1.3M in 2022. Overall, imports recorded a precipitous descent.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 30.8 | 14.3 | 1.7 | 1.3 | -65.2% |
| Poland | 1.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 32.6 | 14.3 | 1.8 | 1.3 | -65.8% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Belarus in 2022:
- Russia (1862.0 tons)
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