Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan (CIF) - 2022
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $2,495 per ton in 2022, increasing by 13% against the previous year. Overall, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the maximum at $3,035 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 Saudi Arabia ($11,633 per ton), while the price for Turkey ($2,349 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $2,835 per ton in 2022, with an increase of 1.8% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for refined cane or beet sugar (with added flavoring or coloring matter) decreased by -1.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs at $3,023 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($4,208 per ton), while the average price for exports to Kuwait ($2,221 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 Qatar (+132.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan
After three years of growth, overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter) decreased by -22.8% to 60 tons in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) reduced to $150K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 120%.
Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.1 | 6.6 | 3.6 | 101 | 154.9% |
Turkey | N/A | N/A | 0.3 | 17.6 | 5766.7% |
United Arab Emirates | 0.4 | 1.8 | 1.0 | 13.6 | 224.0% |
Saudi Arabia | 1.7 | 0.8 | 0.3 | 10.9 | 85.8% |
United Kingdom | 0.2 | 0.1 | 0.1 | 4.8 | 188.4% |
India | 66.5 | 156 | 165 | N/A | 57.5% |
Others | 1.4 | 2.5 | 1.1 | 1.7 | 6.7% |
Total | 76.3 | 168 | 171 | 150 | 25.3% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Jordan in 2022:
- United States (43.0 tons)
- Turkey (7.5 tons)
- United Arab Emirates (5.8 tons)
- United Kingdom (2.0 tons)
- Saudi Arabia (0.9 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan
In 2022, overseas shipments of refined cane or beet sugar (with added flavoring or coloring matter) were finally on the rise to reach 1.9 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous contraction.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) stood at $5.5K in 2022. Over the period under review, exports, however, showed a significant decline.
Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 20.2 | 2.7 | 0.9 | 3.3 | -45.3% |
Saudi Arabia | 5.8 | 1.2 | 2.0 | 1.1 | -42.5% |
Canada | 1.3 | 0.4 | 0.9 | 0.7 | -18.6% |
Others | 1.3 | 1.3 | 1.6 | 0.4 | -32.5% |
Total | 28.5 | 5.6 | 5.4 | 5.5 | -42.2% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Jordan in 2022:
- Kuwait (1480.0 kg)
- Saudi Arabia (264.0 kg)
- Canada (163.0 kg)
This report provides an in-depth analysis of the sugar market in Jordan.
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In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
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In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.