Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia (FOB) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia (CIF) - 2022
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia (FOB) - 2022
In 2022, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $437 per ton, waning by -22.4% against the previous year. Overall, the export price recorded a noticeable descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 47%. The export price peaked at $879 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tajikistan ($568 per ton) and Kyrgyzstan ($498 per ton), while the average price for exports to Kazakhstan ($424 per ton) and Ukraine ($472 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+1.1%), while the prices for the other major destinations experienced a decline.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $471 per ton, waning by -18.7% against the previous year. In general, the import price saw a perceptible downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 53%. The import price peaked at $705 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,373 per ton), while the price for Belarus ($432 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+4.6%), while the prices for the other major suppliers experienced a decline.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia
In 2022, approx. 739K tons of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose were exported from Russia; increasing by 65% against the previous year's figure. Overall, exports saw a perceptible expansion.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $323M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55%. As a result, the exports attained the peak of $393M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 87.4 | 98.6 | 159 | 244 | 40.8% |
| Ukraine | 26.0 | 27.9 | 39.6 | 46.8 | 21.6% |
| Kyrgyzstan | 4.0 | 7.2 | 22.8 | 22.7 | 78.4% |
| Belarus | 29.6 | 12.9 | 1.8 | 3.5 | -50.9% |
| Tajikistan | 22.5 | 28.6 | 8.1 | 3.1 | -48.4% |
| Uzbekistan | 42.1 | 97.7 | 0.2 | 0.1 | -86.7% |
| Georgia | 6.3 | 8.5 | N/A | N/A | 34.9% |
| Azerbaijan | 24.8 | 45.0 | 2.6 | N/A | -67.6% |
| Others | 11.5 | 66.8 | 18.4 | 2.4 | -40.7% |
| Total | 254 | 393 | 253 | 323 | 8.3% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Russia in 2022:
- Kazakhstan (577.1K tons)
- Ukraine (99.1K tons)
- Kyrgyzstan (45.6K tons)
- Belarus (7.1K tons)
- Tajikistan (5.4K tons)
- Uzbekistan (0.1K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia
In 2022, overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by 6.7% to 161K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a drastic downturn.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose dropped to $76M in 2022. Over the period under review, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 77.5 | 60.5 | 62.4 | 65.2 | -5.6% |
| United States | 0.7 | 0.7 | 0.7 | 4.3 | 83.1% |
| Azerbaijan | 0.6 | 0.6 | 1.1 | 3.5 | 80.0% |
| Poland | 6.0 | N/A | 0.1 | 0.3 | -63.2% |
| Algeria | N/A | N/A | 5.9 | N/A | 0% |
| Ukraine | 5.4 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 2.5 | 17.6 | 2.7 | 4.0% |
| Total | 92.6 | 64.4 | 87.7 | 76.0 | -6.4% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Russia in 2022:
- Belarus (150.7K tons)
- Azerbaijan (4.2K tons)
- United States (3.2K tons)
- Poland (0.6K tons)
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