Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania (CIF) - 2023
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania (FOB) - 2023
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania (CIF) - 2023
In October 2023, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $838 per ton, shrinking by -10.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 8.3% month-to-month. The import price peaked at $987 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From October 2022 to October 2023, the rate of growth in terms of prices for Poland amounted to +5.8% per month.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania (FOB) - 2023
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $1,305 per ton in October 2023, with an increase of 46% against the previous month. Overall, export price indicated a resilient increase from October 2022 to October 2023: its price increased at an average monthly rate of +5.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by +46.3% against September 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for Hungary amounted to +7.1% per month.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania
In 2022, the amount of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose imported into Romania dropped slightly to 263K tons, falling by -2.1% against the previous year. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 0.1%.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $171M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. 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 Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 55.7 | 53.0 | 49.4 | 55.6 | -0.1% |
| Ukraine | 3.3 | 4.3 | 2.2 | 45.8 | 140.3% |
| Poland | 46.2 | 43.6 | 28.3 | 22.2 | -21.7% |
| Austria | 3.0 | 5.1 | 25.0 | 15.8 | 74.0% |
| Czech Republic | 4.0 | 1.2 | 6.0 | 13.9 | 51.5% |
| France | 4.5 | 3.6 | 3.7 | 5.4 | 6.3% |
| Moldova | 1.4 | 1.8 | 7.8 | 3.4 | 34.4% |
| Others | 15.2 | 28.1 | 24.5 | 9.2 | -15.4% |
| Total | 133 | 141 | 147 | 171 | 8.7% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Romania in 2022:
- Germany (90.3K tons)
- Ukraine (56.2K tons)
- Poland (40.5K tons)
- Austria (30.5K tons)
- Czech Republic (19.8K tons)
- France (7.8K tons)
- Moldova (6.2K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Romania
In 2022, approx. 44K tons of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose were exported from Romania; increasing by 49% on 2021. In general, exports, however, showed a relatively flat trend pattern.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $28M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 12.4 | 22.6 | 15.3 | 24.2 | 25.0% |
| Hungary | 5.9 | 2.0 | 1.3 | 2.7 | -22.9% |
| Others | 1.2 | 0.3 | 0.5 | 1.2 | 0.0% |
| Total | 19.5 | 25.0 | 17.1 | 28.0 | 12.8% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Romania in 2022:
- Bulgaria (38.0K tons)
- Hungary (4.8K tons)
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