Price for Sugars; Fructose, Chemically Pure, in Solid Form in Mexico - 2024
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Mexico (CIF) - 2024
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Mexico
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Mexico (CIF) - 2024
In August 2023, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,398 per ton, surging by 3.2% against the previous month. Overall, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 19% m-o-m. As a result, import price attained the peak level of $1,692 per ton. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($1,443 per ton), while the price for China stood at $1,304 per ton.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.8%).
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Mexico
In 2022, purchases abroad of sugars; fructose, chemically pure, in solid form was finally on the rise to reach 44K tons after two years of decline. Overall, imports, however, continue to indicate a abrupt curtailment.
In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $57M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 49.6 | 48.0 | 37.8 | 57.1 | 4.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 49.6 | 48.0 | 37.8 | 57.1 | 4.8% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Mexico in 2022:
- United States (43.8K tons)
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