Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates (FOB) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates (CIF) - 2022
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates (FOB) - 2022
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $587 per ton in 2022, increasing by 9.9% against the previous year. In general, the export price, however, saw a mild descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $671 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($902 per ton), while the average price for exports to Libya ($512 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 Iraq (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $603 per ton, growing by 40% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by +64.9% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($771 per ton), while the price for Brazil ($345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.8%), while the prices for the other major suppliers experienced a decline.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates
After three years of growth, overseas shipments of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -16.7% to 700K tons in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 260%.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose declined to $411M in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 285%.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | N/A | N/A | N/A | 120 | 0% |
| Libya | N/A | N/A | N/A | 81.8 | 0% |
| Oman | 30.5 | 35.0 | 34.2 | 42.0 | 11.3% |
| Turkey | N/A | 0.3 | N/A | 41.9 | 1081.8% |
| Djibouti | N/A | N/A | N/A | 15.0 | 0% |
| Iran | N/A | N/A | N/A | 14.2 | 0% |
| South Africa | N/A | 0.8 | 1.8 | 8.4 | 224.0% |
| Spain | N/A | 0.2 | N/A | 8.1 | 536.4% |
| Pakistan | 0.7 | 74.8 | 194 | 7.6 | 121.4% |
| Tanzania | 11.0 | 20.8 | 33.0 | 7.3 | -12.8% |
| Italy | N/A | N/A | N/A | 7.0 | 0% |
| Lebanon | N/A | 17.7 | 0.1 | 6.6 | -38.9% |
| Mauritania | N/A | 19.1 | 13.8 | N/A | -27.7% |
| Others | 40.9 | 152 | 172 | 50.6 | 7.4% |
| Total | 83.2 | 321 | 448 | 411 | 70.3% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from the United Arab Emirates in 2022:
- Sudan (205.9K tons)
- Libya (159.7K tons)
- Turkey (70.9K tons)
- Oman (69.0K tons)
- Djibouti (23.9K tons)
- Iran (22.0K tons)
- Spain (14.1K tons)
- South Africa (13.1K tons)
- Tanzania (12.4K tons)
- Pakistan (11.6K tons)
- Lebanon (11.5K tons)
- Italy (10.7K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates
After three years of growth, overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -34.9% to 336K tons in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, imports reached the peak of 517K tons, and then fell significantly in the following year.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose contracted to $203M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 148% against the previous year. As a result, imports reached the peak of $223M, and then contracted in the following year.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.8 | 57.7 | 190 | 139 | 75.3% |
| Saudi Arabia | 9.6 | 10.1 | 15.9 | 42.8 | 64.6% |
| Thailand | 7.1 | 6.5 | 1.4 | 3.1 | -24.1% |
| Singapore | 9.7 | 7.5 | 8.5 | 1.0 | -53.1% |
| Others | 6.9 | 8.0 | 6.9 | 16.6 | 34.0% |
| Total | 59.1 | 89.8 | 223 | 203 | 50.9% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to the United Arab Emirates in 2022:
- India (260.9K tons)
- Saudi Arabia (55.5K tons)
- Thailand (7.2K tons)
- Singapore (0.6K tons)
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