Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland - 2023
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland (CIF) - 2022
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland (FOB) - 2023
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland (CIF) - 2022
In 2022, the average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $696 per ton, surging by 34% against the previous year. In general, the import price, however, saw a pronounced descent. Over the period under review, average import prices attained the maximum at $964 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($731 per ton) and Germany ($726 per ton), while the price for Denmark ($500 per ton) and Lithuania ($721 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.9%), while the prices for the other major suppliers experienced a decline.
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland (FOB) - 2023
The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $2,176 per ton in October 2023, rising by 126% against the previous month. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was the United States ($2,290 per ton), while the average price for exports to Ukraine ($1,771 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland
In 2022, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose into Finland reduced dramatically to 30K tons, declining by -64.1% compared with the previous year's figure. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, imports attained the peak of 85K tons, and then reduced sharply in the following year.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose declined notably to $21M in 2022. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports reached the peak of $44M, and then shrank notably in the following year.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.2 | 6.7 | 11.5 | 7.0 | 47.1% |
| Germany | 15.6 | 10.2 | 17.0 | 4.5 | -33.9% |
| Netherlands | 2.0 | 3.5 | 3.5 | 3.4 | 19.3% |
| Denmark | 1.4 | 2.9 | 6.2 | 2.1 | 14.5% |
| Belgium | 4.9 | 1.7 | 4.3 | 2.1 | -24.6% |
| Poland | N/A | 0.1 | 0.4 | 1.1 | 231.7% |
| Lithuania | N/A | 0.3 | 0.7 | 0.7 | 52.8% |
| Others | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Total | 26.3 | 25.6 | 43.9 | 21.2 | -6.9% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Finland in 2022:
- Sweden (9.8K tons)
- Germany (6.2K tons)
- Netherlands (4.7K tons)
- Denmark (4.2K tons)
- Belgium (2.8K tons)
- Poland (1.6K tons)
- Lithuania (1.0K tons)
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland
In 2022, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Finland fell sharply to 3.5K tons, which is down by -19.2% on the previous year's figure. In general, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 6.4% against the previous year.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose reduced sharply to $4.3M in 2022. Over the period under review, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of $5.8M, and then contracted sharply in the following year.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,987 | 2,228 | 2,591 | 2,512 | 8.1% |
| Denmark | 687 | 592 | 719 | 646 | -2.0% |
| Estonia | 392 | 617 | 474 | 451 | 4.8% |
| Lithuania | 877 | 823 | 1,111 | 208 | -38.1% |
| United States | 79.5 | 110 | 209 | 122 | 15.3% |
| United Arab Emirates | 63.7 | 70.1 | 101 | 54.3 | -5.2% |
| Russia | 326 | 232 | 242 | 42.9 | -49.1% |
| Others | 400 | 338 | 362 | 274 | -11.8% |
| Total | 4,812 | 5,011 | 5,809 | 4,309 | -3.6% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Finland in 2022:
- Sweden (1798.9 tons)
- Estonia (530.0 tons)
- Denmark (512.4 tons)
- Lithuania (267.0 tons)
- United Arab Emirates (90.8 tons)
- Russia (57.2 tons)
- United States (52.8 tons)
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