Spain - Sugars, Sugar Ethers And Salts - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSugars Price in Spain - 2023
Contents:
- Sugars Price in Spain (CIF) - 2022
- Sugars Price in Spain (FOB) - 2023
- Sugars Imports in Spain
- Sugars Exports in Spain
Sugars Price in Spain (CIF) - 2022
The average sugars import price stood at $2,719 per ton in 2022, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2017 when the average import price increased by 33%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,117 per ton), while the price for Thailand ($1,831 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugars Price in Spain (FOB) - 2023
In June 2023, the average sugars export price amounted to $8,858 per ton, declining by -12.1% against the previous month. Over the period under review, export price indicated slight growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, sugars export price decreased by -35.6% against April 2023 indices. The growth pace was the most rapid in September 2022 when the average export price increased by 74% against the previous month. The export price peaked at $13,749 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($19,076 per ton), while the average price for exports to Italy ($2,261 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sugars Imports in Spain
In 2022, after three years of growth, there was decline in supplies from abroad of sugars, sugar ethers and salts, when their volume decreased by -4.3% to 21K tons. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 22K tons, and then shrank in the following year.
In value terms, sugars imports totaled $57M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Sugars in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.5 | 12.1 | 18.5 | 17.7 | 19.0% |
| Germany | 7.8 | 7.3 | 11.3 | 14.0 | 21.5% |
| China | 3.0 | 4.0 | 6.1 | 8.4 | 40.9% |
| Japan | 5.7 | 4.4 | 4.2 | 5.2 | -3.0% |
| Israel | N/A | 0.6 | 4.8 | 2.5 | 104.1% |
| Thailand | 1.8 | 1.6 | 2.2 | 2.2 | 6.9% |
| Belgium | 0.4 | 0.9 | 1.1 | 1.3 | 48.1% |
| Others | 3.5 | 3.4 | 4.9 | 5.6 | 17.0% |
| Total | 32.7 | 34.2 | 53.0 | 56.9 | 20.3% |
Top Suppliers of Sugars to Spain in 2022:
- France (7.7K tons)
- Germany (4.3K tons)
- China (3.6K tons)
- Japan (1.6K tons)
- Thailand (1.2K tons)
- Israel (1.1K tons)
- Belgium (0.4K tons)
Sugars Exports in Spain
In 2022, approx. 2.3K tons of sugars, sugar ethers and salts were exported from Spain; picking up by 40% on 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 99% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, sugars exports surged to $18M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sugars in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.5 | 9.5 | 11.3 | 13.4 | 21.3% |
| Netherlands | N/A | 0.1 | 0.3 | 1.3 | 260.6% |
| United Kingdom | N/A | N/A | 0.8 | 1.0 | 25.0% |
| Italy | 0.1 | 0.4 | 0.3 | 0.6 | 81.7% |
| France | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Portugal | 0.3 | 0.3 | 0.5 | 0.5 | 18.6% |
| Poland | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 2.9 | 2.4 | 0.8 | 0.8 | -34.9% |
| Total | 10.9 | 12.9 | 14.4 | 18.5 | 19.3% |
Top Export Markets for Sugars from Spain in 2022:
- Germany (844.6 tons)
- Netherlands (420.9 tons)
- United Kingdom (340.1 tons)
- Italy (213.5 tons)
- France (201.2 tons)
- Portugal (153.1 tons)
- Poland (125.6 tons)
This report provides an in-depth analysis of the sugars market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
399
This report provides an in-depth analysis of the sugars market in Spain.
289
This report provides an in-depth analysis of the ride-on compaction equipment market in Spain.
572
This report provides an in-depth analysis of the global sugars market.
385
This report provides an in-depth analysis of the global ride-on compaction equipment market.
399
This report provides an in-depth analysis of the sugars market in Spain.
572
This report provides an in-depth analysis of the global sugars market.
358
In August 2022, the sugar price stood at $2,566 per ton (CIF, Spain), which is down by -18.6% against the previous month.
1497
In value terms, sugars imports totaled $X in 2016. Overall, it indicated a noticeable increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last ...
1261
In value terms, sugars exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable fluct...
358
In August 2022, the sugar price stood at $2,566 per ton (CIF, Spain), which is down by -18.6% against the previous month.
1497
In value terms, sugars imports totaled $X in 2016. Overall, it indicated a noticeable increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last ...
1261
In value terms, sugars exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable fluct...
