Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay - 2024
Contents:
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay (FOB) - 2024
- Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay (CIF) - 2022
- Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay
- Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay
Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay (FOB) - 2024
In January 2024, the average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose amounted to $731 per ton, stabilizing at the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 35% m-o-m. As a result, the export price reached the peak level of $991 per ton. From March 2023 to January 2024, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In January 2024, the countries with the highest prices were Switzerland ($799 per ton) and the UK ($760 per ton), while the average price for exports to Germany ($675 per ton) and the United States ($714 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.6%), 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 Paraguay (CIF) - 2022
The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $874 per ton in 2022, declining by -29.8% against the previous year. Overall, the import price recorded a slight decline. The growth pace was the most rapid in 2019 when the average import price increased by 140%. The import price peaked at $1,245 per ton in 2021, and then reduced markedly 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 Argentina ($1,078 per ton), while the price for Uruguay ($687 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+1.8%).
Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay
In 2022, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Paraguay skyrocketed to 45K tons, picking up by 76% on 2021 figures. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,160% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose skyrocketed to $27M in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,029%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.2 | 15.6 | 23.3 | 979.4% |
| Germany | 0.6 | 0.6 | 0.5 | 1.7 | 41.5% |
| Netherlands | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
| Others | 0.1 | 0.6 | 2.1 | 1.2 | 128.9% |
| Total | 1.2 | 1.7 | 18.7 | 26.9 | 182.0% |
Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Paraguay in 2022:
- United States (40.2K tons)
- Germany (2.7K tons)
- Netherlands (0.9K tons)
Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay
In 2022, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose into Paraguay surged to 492 tons, jumping by 659% compared with 2021 figures. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose surged to $430K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | N/A | N/A | N/A | 186 | 0% |
| Argentina | 85.6 | 189 | 66.4 | 167 | 25.0% |
| France | N/A | N/A | N/A | 35.2 | 0% |
| United States | N/A | N/A | N/A | 23.9 | 0% |
| Others | 10.9 | N/A | 14.4 | 17.6 | 17.3% |
| Total | 96.6 | 189 | 80.8 | 430 | 64.5% |
Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Paraguay in 2022:
- Uruguay (271.3 tons)
- Argentina (155.0 tons)
- France (40.0 tons)
- United States (25.3 tons)
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