Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $1,434 per ton in 2022, falling by -4.2% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $1,806 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 India ($2,231 per ton), while the price for the UK ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), while the prices for the other major suppliers experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $1,635 per ton, which is down by -18% against the previous year. Over the period under review, the export price saw a mild descent. The most prominent rate of growth was recorded in 2019 an increase of 35%. As a result, the export price reached the peak level of $2,104 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($4,623 per ton), while the average price for exports to Germany ($1,358 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 Norway (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark
In 2022, purchases abroad of raw cane sugar (without flavoring or coloring matter) decreased by -56.9% to 225 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 522 tons, and then reduced markedly in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) dropped dramatically to $323K in 2022. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of $782K, and then contracted significantly in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 228 | 388 | 673 | 240 | 1.7% |
| Netherlands | 22.3 | 41.4 | 59.8 | 69.2 | 45.9% |
| India | N/A | N/A | 3.8 | 10.3 | 171.1% |
| Sweden | 18.8 | 19.9 | 3.9 | 2.4 | -49.6% |
| Italy | 43.9 | 12.3 | 2.4 | 0.8 | -73.7% |
| United Kingdom | 43.0 | 22.0 | 0.2 | N/A | -93.2% |
| Brazil | 17.1 | 8.8 | N/A | N/A | -48.5% |
| Others | 8.6 | 6.2 | 38.3 | 0.5 | -61.3% |
| Total | 382 | 499 | 782 | 323 | -5.4% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Denmark in 2022:
- Germany (167.0 tons)
- Netherlands (52.1 tons)
- India (4.6 tons)
- Sweden (0.7 tons)
- Italy (0.6 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter) were finally on the rise to reach 149 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) skyrocketed to $243K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 24.7 | 22.3 | 31.1 | 138 | 77.4% |
| Switzerland | 0.9 | 0.5 | 0.6 | 51.3 | 284.9% |
| Iceland | 9.3 | 12.6 | 8.7 | 22.2 | 33.6% |
| Sweden | 40.4 | 25.2 | 5.7 | 7.6 | -42.7% |
| Greenland | 3.8 | 5.6 | 5.2 | 5.3 | 11.7% |
| Ireland | N/A | N/A | N/A | 4.8 | 0% |
| Norway | 17.2 | 11.9 | 4.8 | 4.2 | -37.5% |
| Finland | 15.1 | N/A | N/A | N/A | 0% |
| Others | 7.5 | 6.3 | 13.0 | 9.7 | 9.0% |
| Total | 119 | 84.3 | 69.1 | 243 | 26.9% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Denmark in 2022:
- Poland (90.7 tons)
- Switzerland (28.8 tons)
- Iceland (15.5 tons)
- Ireland (3.1 tons)
- Greenland (2.5 tons)
- Sweden (2.2 tons)
- Norway (0.9 tons)
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