Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya - 2022

Contents:

  1. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya (CIF) - 2022
  2. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya (FOB) - 2022
  3. Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya
  4. Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya (CIF) - 2022

The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $429 per ton in 2022, declining by -9.8% against the previous year. Over the period under review, the import price showed a perceptible descent. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. The import price peaked at $653 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($778 per ton), while the price for Brazil ($275 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+1.2%), while the prices for the other major suppliers experienced a decline.

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya (FOB) - 2022

The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $496 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of 87% against the previous year. Over the period under review, the average export prices hit record highs at $1,213 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 Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to -8.6% per year.

Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya

In 2022, the amount of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose imported into Libya was estimated at 176K tons, growing by 13% on the previous year's figure. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 272% against the previous year. As a result, imports reached the peak of 196K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $75M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 295% against the previous year. As a result, imports reached the peak of $77M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom4.618.218.219.561.8%
Morocco0.95.49.211.6134.5%
India0.64.08.27.0126.8%
Guatemala1.34.67.66.873.6%
Tunisia2.37.35.94.928.7%
Brazil1.46.45.44.850.8%
United Arab Emirates1.710.34.54.235.2%
Belgium1.03.73.73.957.4%
Thailand1.65.24.33.934.6%
France1.84.92.82.410.1%
Others2.26.84.46.442.8%
Total19.576.874.175.457.0%

Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Libya in 2022:

  1. United Kingdom (25.1K tons)
  2. Morocco (24.4K tons)
  3. Guatemala (22.3K tons)
  4. India (19.7K tons)
  5. Brazil (17.6K tons)
  6. Tunisia (11.1K tons)
  7. United Arab Emirates (10.1K tons)
  8. Thailand (10.0K tons)
  9. Belgium (9.7K tons)
  10. France (6.2K tons)

Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya

In 2022, the amount of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose exported from Libya amounted to 38 tons, remaining stable against the previous year. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $19K in 2022. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Niger18.818.818.818.80.0%
OthersN/AN/AN/AN/A0%
Total18.818.818.818.80.0%

Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Libya in 2022:

  1. Niger (38.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: White Sugar (containing >= 99,5% sucrose) and Chemically Pure Sucrose - Libya