Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala (FOB) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala (CIF) - 2022
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala (FOB) - 2022
The average export price for raw cane sugar (without flavoring or coloring matter) stood at $4,262 per ton in 2022, surging by 133% against the previous year. Overall, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($10,706 per ton), while the average price for exports to El Salvador ($3,168 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 Taiwan (Chinese) (+58.7%), while the prices for the other major destinations experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $8,137 per ton, reducing by -31.4% against the previous year. Over the period under review, the import price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 609%. As a result, import price attained the peak level of $11,857 per ton, and then contracted sharply in the following year.
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 States ($29,333 per ton), while the price for Mexico stood at $6,813 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+206.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala
In 2022, overseas shipments of raw cane sugar (without flavoring or coloring matter) decreased by -92% to 1.7 tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 7% against the previous year. As a result, the exports reached the peak of 25 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) fell sharply to $7.4K in 2022. Over the period under review, exports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 2.3% against the previous year. As a result, the exports reached the peak of $43K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 2.5 | N/A | 4.1 | 28.1% |
| El Salvador | 2.5 | N/A | 1.9 | 2.9 | 5.1% |
| Mexico | N/A | N/A | N/A | 0.4 | 0% |
| United States | N/A | 5.9 | N/A | N/A | 0% |
| France | 36.4 | 35.0 | 35.8 | N/A | -0.8% |
| Others | 3.6 | N/A | 1.5 | N/A | -35.5% |
| Total | 42.5 | 43.5 | 39.2 | 7.4 | -44.2% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Guatemala in 2022:
- El Salvador (905.0 kg)
- Australia (787.0 kg)
- Mexico (34.0 kg)
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala
In 2022, overseas purchases of raw cane sugar (without flavoring or coloring matter) increased by 143% to 51 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a dramatic shrinkage.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) surged to $415 in 2022. Over the period under review, imports, however, faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 171% against the previous year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 0.1 | 0.3 | 200.0% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Colombia | 45.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 45.8 | 0.1 | 0.2 | 0.4 | -79.4% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Guatemala in 2022:
- Mexico (48.0 kg)
- United States (3.0 kg)
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