Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel (CIF) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel (FOB) - 2022
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $721 per ton, picking up by 22% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Morocco ($721 per ton) and Poland ($721 per ton), while the price for the UK ($721 per ton) and France ($721 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+21.8%), 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 Israel (FOB) - 2022
In 2022, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $597 per ton, growing by 11% against the previous year. Over the period under review, the export price, however, saw a slight reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 28%. The export price peaked at $682 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($597 per ton), while the average price for exports to the UK ($597 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 Vietnam (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel
In 2022, supplies from abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by 1.7% to 209K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep setback.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose skyrocketed to $151M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 14.7 | 4.5 | 33.8 | 38.7 | 38.1% |
| Morocco | N/A | N/A | 18.3 | 30.4 | 66.1% |
| Egypt | 4.2 | N/A | 16.4 | 25.3 | 82.0% |
| Germany | 32.9 | 42.8 | 21.1 | 23.7 | -10.4% |
| France | 17.4 | 8.8 | 9.6 | 7.1 | -25.8% |
| Belgium | 12.1 | N/A | 10.3 | 6.3 | -19.6% |
| Netherlands | 20.1 | 14.8 | 2.5 | 0.1 | -82.9% |
| Thailand | 7.2 | 2.1 | N/A | 0.1 | -76.0% |
| Switzerland | N/A | 7.5 | N/A | N/A | 0% |
| United Kingdom | 5.5 | 26.8 | N/A | N/A | 387.3% |
| Others | 4.6 | 15.3 | 9.5 | 19.0 | 60.4% |
| Total | 119 | 123 | 122 | 151 | 8.3% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Israel in 2022:
- Poland (53.7K tons)
- Morocco (42.2K tons)
- Egypt (35.1K tons)
- Germany (32.9K tons)
- France (9.8K tons)
- Belgium (8.7K tons)
- Netherlands (0.1K tons)
- Thailand (0.1K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel
In 2022, overseas shipments of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -78.5% to 561 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 46%. As a result, the exports reached the peak of 2.6K tons, and then dropped dramatically in the following year.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose declined markedly to $335K in 2022. Over the period under review, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 60%. As a result, the exports reached the peak of $1.4M, and then reduced rapidly in the following year.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 270 | 140 | 444 | 287 | 2.1% |
| United States | 23.0 | 54.0 | 54.0 | 35.0 | 15.0% |
| United Kingdom | 18.0 | 12.0 | 21.0 | 9.0 | -20.6% |
| India | 330 | 649 | 865 | N/A | 61.9% |
| Others | 32.0 | 19.0 | 17.0 | 4.0 | -50.0% |
| Total | 673 | 874 | 1,401 | 335 | -20.7% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Israel in 2022:
- Vietnam (480.3 tons)
- United States (58.6 tons)
- United Kingdom (15.1 tons)
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