Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan (CIF) - 2023
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan (FOB) - 2023
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan (CIF) - 2023
In July 2023, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $936 per ton, shrinking by -43.6% against the previous month. In general, import price indicated a modest expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -43.6% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 70% month-to-month. As a result, import price attained the peak level of $1,661 per ton, and then dropped dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($2,480 per ton), while the price for Thailand ($854 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), 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 Pakistan (FOB) - 2023
In July 2023, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $624 per ton, surging by 39% against the previous month. Over the period from February 2023 to July 2023, it increased at an average monthly rate of +4.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In July 2023, the country with the highest price was Afghanistan ($678 per ton), while the average price for exports to Thailand ($509 per ton) was amongst the lowest.
From February 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+6.8%), 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 Pakistan
Imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose into Pakistan stood at 355K tons in 2022, increasing by 14% compared with the previous year. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 3,601%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $232M in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,399% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.2 | 59.6 | 118 | 142 | 301.1% |
| India | 0.6 | 26.3 | 67.1 | 78.8 | 408.3% |
| Algeria | 0.3 | 8.6 | 5.2 | 4.5 | 146.6% |
| Brazil | 0.5 | 9.4 | 4.8 | 2.9 | 79.7% |
| Egypt | N/A | 19.3 | N/A | N/A | 0% |
| Others | 0.2 | 6.4 | 2.6 | 3.8 | 166.8% |
| Total | 3.7 | 130 | 198 | 232 | 297.3% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Pakistan in 2022:
- United Arab Emirates (191.3K tons)
- India (144.2K tons)
- Algeria (8.5K tons)
- Brazil (5.2K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan
After two years of decline, overseas shipments of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by 25% to 64K tons in 2022. Overall, exports, however, recorded a abrupt shrinkage.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $25M in 2022. In general, exports, however, faced a abrupt shrinkage.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 21.6 | 14.8 | 8.2 | 10.8 | -20.6% |
| Djibouti | 6.0 | 4.5 | 2.8 | 4.1 | -11.9% |
| India | 4.7 | 3.6 | 2.2 | 3.2 | -12.0% |
| Sudan | 3.4 | 2.6 | 1.6 | 2.3 | -12.2% |
| Ethiopia | 3.4 | 2.6 | 1.6 | 2.3 | -12.2% |
| Taiwan (Chinese) | 1.1 | 0.8 | 0.5 | 0.8 | -10.1% |
| Somalia | 1.7 | 0.9 | 0.4 | 0.4 | -38.3% |
| Tajikistan | 1.0 | 0.5 | 0.2 | 0.3 | -33.1% |
| Others | 2.6 | 1.7 | 0.9 | 1.1 | -24.9% |
| Total | 45.5 | 32.0 | 18.5 | 25.2 | -17.9% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Pakistan in 2022:
- Afghanistan (28.9K tons)
- Djibouti (12.1K tons)
- India (9.4K tons)
- Ethiopia (4.5K tons)
- Sudan (2.3K tons)
- Taiwan (Chinese) (1.9K tons)
- Somalia (1.6K tons)
- Tajikistan (0.8K tons)
338
This report provides an in-depth analysis of the refined cane sugar market in Pakistan.
571
This report provides an in-depth analysis of the market for refined white cane sugar in Pakistan.
145
This report provides an in-depth analysis of the sugar market in Pakistan.
314
This report provides an in-depth analysis of the raw cane sugar market in Pakistan.
325
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Pakistan.
3084
This report provides an in-depth analysis of the sugar market in Pakistan.
603
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
646
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
153
This report provides an in-depth analysis of the global sugar market.
739
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
1360
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1730
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
342
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.
1385
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.
1115
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
979
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1360
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1730
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
342
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.
1385
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.
