Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran - 2022
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran (FOB) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran (CIF) - 2022
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran (FOB) - 2022
In 2022, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $603 per ton, leveling off at the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of 13% against the previous year. As a result, the export price attained the peak level of $812 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($965 per ton), while the average price for exports to Afghanistan ($423 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 Turkmenistan (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran (CIF) - 2022
The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $457 per ton in 2022, remaining constant against the previous year. In general, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 6.2% against the previous year. The import price peaked at $609 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 the United Arab Emirates ($696 per ton), while the price for Bahrain ($404 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 Arab Emirates (+0.4%), while the prices for the other major suppliers experienced a decline.
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran
In 2022, shipments abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose was finally on the rise to reach 26K tons after two years of decline. Over the period under review, exports, however, faced a sharp downturn.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $15M in 2022. Overall, exports, however, faced a abrupt setback.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 15.8 | 11.5 | 8.0 | 9.9 | -14.4% |
| Turkey | 9.6 | 5.5 | 3.0 | 3.0 | -32.1% |
| Afghanistan | 1.3 | 0.5 | 0.1 | 0.9 | -11.5% |
| Uzbekistan | 0.5 | 0.2 | 0.3 | 0.5 | 0.0% |
| Tajikistan | 1.0 | 0.6 | 0.3 | 0.5 | -20.6% |
| Others | 0.9 | 0.5 | 0.4 | 0.5 | -17.8% |
| Total | 29.2 | 18.7 | 12.0 | 15.4 | -19.2% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Iran in 2022:
- Iraq (17.9K tons)
- Turkey (3.1K tons)
- Afghanistan (2.2K tons)
- Tajikistan (1.0K tons)
- Uzbekistan (0.7K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran
In 2022, overseas purchases of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -35.8% to 14K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 252% against the previous year. As a result, imports reached the peak of 22K tons, and then reduced markedly in the following year.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose contracted remarkably to $6.5M in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 265%. As a result, imports attained the peak of $10M, and then reduced rapidly in the following year.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.5 | 1.3 | 6.8 | 4.7 | 111.0% |
| Thailand | 0.5 | 0.7 | 1.4 | 0.6 | 6.3% |
| Bahrain | 0.2 | 0.3 | 0.8 | 0.5 | 35.7% |
| Brazil | 0.3 | 0.4 | 0.9 | 0.4 | 10.1% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 1.5 | 2.8 | 10.1 | 6.5 | 63.0% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Iran in 2022:
- India (10.1K tons)
- Thailand (1.6K tons)
- Bahrain (1.4K tons)
- Brazil (0.9K tons)
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