Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland (FOB) - 2023
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland (CIF) - 2023
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland (FOB) - 2023
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $872 per ton in October 2023, reducing by -1.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in November 2022 an increase of 19% month-to-month. Over the period under review, the average export prices reached the peak figure at $993 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the UK ($940 per ton), while the average price for exports to South Korea ($520 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland (CIF) - 2023
In October 2023, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $880 per ton, dropping by -20% against the previous month. Overall, the import price, however, saw temperate growth. The growth pace was the most rapid in December 2022 when the average import price increased by 762% m-o-m. As a result, import price attained the peak level of $6,907 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Mauritius ($911 per ton), while the price for Ukraine totaled $876 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland
Exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Poland fell markedly to 547K tons in 2022, waning by -16.6% on 2021 figures. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose reduced to $316M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of $338M, and then declined in the following year.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 38.8 | 39.9 | 68.1 | 65.5 | 19.1% |
| Germany | 48.1 | 48.0 | 61.5 | 54.8 | 4.4% |
| Italy | 8.0 | 5.4 | 8.9 | 23.9 | 44.0% |
| Romania | 44.1 | 42.3 | 29.3 | 20.5 | -22.5% |
| Hungary | 12.4 | 24.3 | 22.6 | 18.7 | 14.7% |
| Lithuania | 5.3 | 7.2 | 8.4 | 12.2 | 32.0% |
| Czech Republic | 2.8 | 7.0 | 8.3 | 10.2 | 53.9% |
| Kuwait | 6.2 | 5.9 | 6.4 | 10.0 | 17.3% |
| United Kingdom | 0.9 | 1.0 | 0.9 | 9.8 | 121.6% |
| Greece | 3.8 | 6.6 | 9.3 | 9.2 | 34.3% |
| Switzerland | 4.7 | 7.5 | 5.6 | 8.3 | 20.9% |
| Albania | 4.4 | 3.4 | 7.1 | 7.5 | 19.5% |
| Georgia | 13.5 | 6.7 | 9.5 | 7.0 | -19.7% |
| Others | 72.2 | 61.1 | 92.2 | 58.3 | -6.9% |
| Total | 265 | 266 | 338 | 316 | 6.0% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Poland in 2022:
- Israel (119.4K tons)
- Germany (99.9K tons)
- Romania (35.5K tons)
- Italy (35.5K tons)
- Hungary (34.1K tons)
- Lithuania (19.7K tons)
- Kuwait (18.5K tons)
- Greece (16.7K tons)
- Czech Republic (16.6K tons)
- Switzerland (15.2K tons)
- Albania (13.4K tons)
- Georgia (12.9K tons)
- United Kingdom (11.6K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Poland
In 2022, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose into Poland skyrocketed to 156K tons, picking up by 16% against 2021 figures. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 17%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $193M in 2022. In general, imports continue to indicate a significant increase. 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 Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.6 | 3.1 | N/A | 118 | 481.5% |
| Germany | 26.8 | 37.5 | 34.5 | 20.5 | -8.5% |
| Czech Republic | 9.1 | 7.4 | 6.9 | 19.4 | 28.7% |
| Belgium | 0.4 | 0.2 | 3.7 | 10.9 | 200.9% |
| Lithuania | 9.4 | 9.5 | 8.7 | 10.5 | 3.8% |
| France | 0.2 | 0.4 | 1.2 | 3.1 | 149.3% |
| Slovakia | 2.7 | 2.3 | 2.2 | 3.1 | 4.7% |
| Others | 6.9 | 6.8 | 7.7 | 7.2 | 1.4% |
| Total | 56.1 | 67.2 | 64.8 | 193 | 51.0% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Poland in 2022:
- Germany (44.7K tons)
- Ukraine (33.3K tons)
- Czech Republic (30.1K tons)
- Belgium (15.6K tons)
- Lithuania (12.7K tons)
- Slovakia (4.6K tons)
- France (4.5K tons)
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