Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Qatar - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Qatar (CIF) - 2023
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Qatar
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Qatar (CIF) - 2023
In October 2023, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $801 per ton, with an increase of 4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 26% against the previous month. Over the period under review, average import prices hit record highs at $805 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Thailand ($949 per ton), while the price for India ($759 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Qatar
In 2022, after two years of decline, there was significant growth in overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose, when their volume increased by 82% to 33K tons. In general, imports, however, recorded a abrupt descent.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose skyrocketed to $19M in 2022. Overall, imports, however, saw a perceptible descent.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 16.2 | 6.8 | 6.8 | 16.6 | 0.8% |
| Australia | 1.1 | 1.2 | 0.9 | 1.1 | 0.0% |
| Saudi Arabia | N/A | N/A | N/A | 0.7 | 0% |
| Brazil | 3.6 | 3.0 | 1.1 | 0.2 | -61.8% |
| Others | 1.1 | 0.9 | 0.8 | 0.8 | -10.1% |
| Total | 22.0 | 12.0 | 9.6 | 19.4 | -4.1% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Qatar in 2022:
- India (29.9K tons)
- Australia (1.2K tons)
- Saudi Arabia (0.9K tons)
- Brazil (0.3K tons)
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