Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru (CIF) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru (FOB) - 2022
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $592 per ton, jumping by 26% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. Over the period under review, average import prices reached the maximum at $670 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($626 per ton) and Nicaragua ($617 per ton), while the price for Bolivia ($576 per ton) and Colombia ($580 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru (FOB) - 2022
In 2022, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $692 per ton, growing by 8.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 23% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($707 per ton), while the average price for exports to Ecuador ($676 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 Ecuador (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru
In 2022, approx. 167K tons of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose were imported into Peru; increasing by 9.1% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of 193K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $99M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.6% against 2019 indices. 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 Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 3.4 | 7.6 | 14.5 | 30.5 | 107.8% |
| Colombia | 51.8 | 48.5 | 36.9 | 27.5 | -19.0% |
| Guatemala | 5.4 | 9.8 | 9.3 | 25.6 | 68.0% |
| Brazil | 4.6 | 10.7 | 8.9 | 12.4 | 39.2% |
| Nicaragua | 0.5 | 4.0 | 2.5 | 2.1 | 61.3% |
| Others | N/A | 0.1 | 0.1 | 1.1 | 231.7% |
| Total | 65.8 | 80.7 | 72.2 | 99.1 | 14.6% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Peru in 2022:
- Bolivia (53.0K tons)
- Colombia (47.5K tons)
- Guatemala (42.4K tons)
- Brazil (19.8K tons)
- Nicaragua (3.3K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru
Exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Peru surged to 97K tons in 2022, with an increase of 38% compared with the year before. In general, exports saw a relatively flat trend pattern.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $67M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 29.5 | 25.3 | 28.0 | -2.6% |
| Colombia | 40.1 | 25.8 | 15.9 | 25.7 | -13.8% |
| Ecuador | 0.2 | 0.1 | 0.7 | 11.2 | 282.6% |
| Others | 0.4 | 3.0 | 2.9 | 2.5 | 84.2% |
| Total | 40.6 | 58.5 | 44.9 | 67.5 | 18.5% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Peru in 2022:
- United States (39.7K tons)
- Colombia (38.0K tons)
- Ecuador (16.6K tons)
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