Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia (CIF) - 2023
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia (FOB) - 2023
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia (CIF) - 2023
The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $872 per ton in October 2023, reducing by -9.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 15% month-to-month. The import price peaked at $1,006 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Serbia ($925 per ton) and Cambodia ($901 per ton), while the price for Saudi Arabia ($819 per ton) and Ukraine ($863 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia (FOB) - 2023
In October 2023, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $2,133 per ton, with an increase of 101% against the previous month. In general, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Montenegro ($9,294 per ton), while the average price for exports to Bosnia and Herzegovina totaled $1,949 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia
Imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose into Croatia skyrocketed to 78K tons in 2022, jumping by 26% on 2021 figures. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose skyrocketed to $56M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 11.3 | 12.0 | 17.5 | 14.4 | 8.4% |
| Serbia | 0.9 | 0.1 | 5.4 | 9.6 | 120.1% |
| Czech Republic | 0.4 | 0.9 | 2.1 | 7.8 | 169.2% |
| Ukraine | N/A | N/A | N/A | 7.2 | 0% |
| Austria | 2.3 | 3.1 | 5.7 | 5.5 | 33.7% |
| Germany | 0.6 | 0.4 | 1.3 | 4.2 | 91.3% |
| Bosnia and Herzegovina | 1.3 | 0.3 | 0.1 | 3.7 | 41.7% |
| Hungary | 1.1 | 2.5 | 0.8 | 0.6 | -18.3% |
| Others | 0.7 | 1.4 | 1.1 | 3.6 | 72.6% |
| Total | 18.6 | 20.8 | 33.9 | 56.4 | 44.7% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Croatia in 2022:
- Slovenia (21.1K tons)
- Serbia (12.7K tons)
- Czech Republic (10.9K tons)
- Austria (9.0K tons)
- Ukraine (7.9K tons)
- Germany (6.7K tons)
- Bosnia and Herzegovina (4.7K tons)
- Hungary (0.8K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia
In 2022, the amount of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose exported from Croatia fell dramatically to 78K tons, declining by -15.3% compared with 2021. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 7.5%.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose skyrocketed to $59M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.5 | 19.2 | 25.1 | 32.4 | 18.4% |
| Slovenia | 6.2 | 6.9 | 9.0 | 9.3 | 14.5% |
| Greece | 8.0 | 3.4 | 7.3 | 5.7 | -10.7% |
| Bulgaria | 4.7 | 2.1 | 1.6 | 4.4 | -2.2% |
| Czech Republic | N/A | 0.4 | 0.6 | 3.2 | 182.8% |
| Bosnia and Herzegovina | 2.8 | 0.4 | 1.3 | 2.0 | -10.6% |
| Slovakia | 0.2 | 0.2 | N/A | 1.5 | 95.7% |
| Hungary | 12.8 | 5.7 | 1.4 | N/A | -66.9% |
| Romania | 3.5 | 0.8 | N/A | N/A | -77.1% |
| Others | 1.2 | 1.8 | 3.1 | 0.1 | -56.3% |
| Total | 59.0 | 40.9 | 49.4 | 58.5 | -0.3% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Croatia in 2022:
- Italy (43.5K tons)
- Slovenia (13.6K tons)
- Greece (7.1K tons)
- Bulgaria (6.0K tons)
- Czech Republic (3.6K tons)
- Bosnia and Herzegovina (3.1K tons)
- Slovakia (1.5K tons)
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