Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Malaysia - 2023
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Malaysia (CIF) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Malaysia
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Malaysia (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $594 per ton in 2022, rising by 3.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 19%. As a result, import price attained the peak level of $666 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +0.7% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Malaysia
In 2022, the amount of raw cane sugar (without flavoring or coloring matter) imported into Malaysia dropped remarkably to 75 tons, reducing by -99.3% on the year before. In general, imports showed a dramatic downturn. The smallest decline of -4.9% was in 2020.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) fell significantly to $45K in 2022. Over the period under review, imports continue to indicate a precipitous slump. The smallest decline of -8.5% was in 2021.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.9 | 0.1 | N/A | N/A | -94.7% |
| India | 4.9 | 5.3 | 4.9 | N/A | 0.0% |
| Thailand | 1.8 | 1.7 | 1.6 | N/A | -5.7% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 8.5 | 7.2 | 6.5 | N/A | -12.6% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Malaysia in 2022:
- Thailand (75.0 tons)
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