Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic (FOB) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic (CIF) - 2023
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $1,655 per ton in 2022, surging by 31% against the previous year. In general, the export price, however, recorded a noticeable decline. The export price peaked at $2,583 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($2,204 per ton), while the average price for exports to Ireland ($769 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 the UK (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic (CIF) - 2023
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $3,739 per ton in October 2023, rising by 14% against the previous month. Overall, the import price continues to indicate a noticeable increase. The growth pace was the most rapid in August 2023 an increase of 87% against the previous month. As a result, import price attained the peak level of $3,946 per ton. From September 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($12,769 per ton), while the price for Slovakia ($2,794 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic
After three years of growth, overseas shipments of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -7.3% to 4.2K tons in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 179%. As a result, the exports reached the peak of 4.6K tons, and then shrank in the following year.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) skyrocketed to $7M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 266 | 281 | 1,408 | 3,214 | 129.5% |
| Slovakia | 1,897 | 2,103 | 2,406 | 1,837 | -1.1% |
| Ireland | N/A | 319 | 928 | 972 | 74.6% |
| Germany | 70.6 | 104 | 226 | 240 | 50.4% |
| Belgium | N/A | 68.8 | 214 | 205 | 72.6% |
| Romania | 94.1 | 126 | 148 | 156 | 18.4% |
| United Kingdom | 303 | 112 | 148 | 156 | -19.9% |
| Others | 199 | 245 | 306 | 247 | 7.5% |
| Total | 2,831 | 3,359 | 5,786 | 7,027 | 35.4% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from the Czech Republic in 2022:
- Poland (1521.2 tons)
- Ireland (1264.0 tons)
- Slovakia (833.2 tons)
- Belgium (230.6 tons)
- Germany (125.0 tons)
- Romania (102.6 tons)
- United Kingdom (84.9 tons)
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic
In 2022, imports of refined cane or beet sugar (with added flavoring or coloring matter) into the Czech Republic rose notably to 1.9K tons, surging by 7.1% on the previous year's figure. In general, imports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, imports reached the peak of 2.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) contracted slightly to $2.5M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,281 | 1,502 | 1,023 | 963 | -9.1% |
| Slovakia | 335 | 471 | 463 | 515 | 15.4% |
| Mexico | 354 | 593 | 611 | 356 | 0.2% |
| Germany | 113 | 171 | 261 | 310 | 40.0% |
| Poland | 149 | 151 | 118 | 242 | 17.5% |
| Others | 148 | 183 | 140 | 128 | -4.7% |
| Total | 2,379 | 3,071 | 2,615 | 2,514 | 1.9% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to the Czech Republic in 2022:
- France (1344.9 tons)
- Slovakia (271.4 tons)
- Poland (105.7 tons)
- Mexico (80.1 tons)
- Germany (70.5 tons)
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