Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter, other) stood at $317 per ton in 2022, declining by -5% against the previous year. Over the period under review, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $497 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($335 per ton), while the price for Brazil totaled $312 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-4.4%).
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran (FOB) - 2022
In 2022, the average export price for raw cane sugar (without flavoring or coloring matter, other) amounted to $604 per ton, waning by -4.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 74%. Over the period under review, the average export prices hit record highs at $634 per ton in 2021, and then contracted slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($1,147 per ton), while the average price for exports to the UK ($351 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 Australia (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran
In 2022, after three years of growth, there was significant decline in supplies from abroad of raw cane sugar (without flavoring or coloring matter, other), when their volume decreased by -30.8% to 555K tons. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 160% against the previous year. As a result, imports attained the peak of 801K tons, and then shrank dramatically in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter, other) shrank notably to $176M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 217%. As a result, imports reached the peak of $267M, and then declined rapidly in the following year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 22.6 | 22.7 | 188 | 146 | 86.2% |
| India | 24.8 | 61.6 | 75.6 | 26.6 | 2.4% |
| Others | N/A | N/A | 2.8 | 3.1 | 10.7% |
| Total | 47.4 | 84.3 | 267 | 176 | 54.9% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) to Iran in 2022:
- Brazil (467.7K tons)
- India (79.4K tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran
In 2022, shipments abroad of raw cane sugar (without flavoring or coloring matter, other) decreased by -4.3% to 36 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 224% against the previous year.
In value terms, exports of raw cane sugar (without flavoring or coloring matter, other) contracted to $22K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 456% against the previous year.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | N/A | N/A | N/A | 17.2 | 0% |
| United Kingdom | N/A | 2.7 | 6.3 | 2.9 | 3.6% |
| Australia | 3.2 | 8.2 | 9.3 | 0.8 | -37.0% |
| Canada | 0.2 | 1.1 | 5.7 | 0.1 | -20.6% |
| Austria | N/A | 6.5 | N/A | N/A | 0% |
| Others | 0.2 | 1.3 | 2.7 | 0.9 | 65.1% |
| Total | 3.6 | 19.8 | 24.1 | 21.9 | 82.5% |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter, Other) from Iran in 2022:
- Tajikistan (26.8 tons)
- United Kingdom (8.3 tons)
- Australia (0.7 tons)
- Canada (0.1 tons)
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