Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel - 2023
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel (CIF) - 2022
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $2,349 per ton in 2022, with an increase of 5.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 an increase of 31% against the previous year. The import price peaked at $2,722 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($2,349 per ton) and the Netherlands ($2,349 per ton), while the price for the UK ($2,349 per ton) and France ($2,349 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+5.3%), 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 Israel (FOB) - 2022
In 2022, the average export price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $2,007 per ton, falling by -10.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 6.9% against the previous year. The export price peaked at $2,571 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,007 per ton), while the average price for exports to Canada stood at $2,007 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.8%).
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel
In 2022, imports of refined cane or beet sugar (with added flavoring or coloring matter) into Israel stood at 21K tons, leveling off at 2021. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 881% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) rose remarkably to $49M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 948% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 3.4 | 16.2 | 16.9 | 122.9% |
| France | N/A | N/A | 7.7 | 13.9 | 80.5% |
| Morocco | N/A | N/A | 2.6 | 7.9 | 203.8% |
| Poland | 0.3 | N/A | 0.6 | 6.5 | 178.8% |
| Brazil | N/A | 0.2 | 5.1 | 0.6 | 73.2% |
| Germany | N/A | 0.8 | 10.6 | N/A | 1225.0% |
| Sweden | N/A | N/A | 1.5 | N/A | 0% |
| Others | 0.3 | 2.3 | 1.4 | 2.8 | 110.5% |
| Total | 0.6 | 6.7 | 45.9 | 48.6 | 332.7% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Israel in 2022:
- Netherlands (7.2K tons)
- France (5.9K tons)
- Morocco (3.4K tons)
- Poland (2.7K tons)
- Brazil (0.2K tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel
For the fourth consecutive year, Israel recorded growth in shipments abroad of refined cane or beet sugar (with added flavoring or coloring matter), which increased by 1,004% to 481 tons in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) soared to $965K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.0 | 57.0 | 98.0 | 935 | 249.0% |
| Canada | N/A | 1.0 | N/A | 16.0 | 300.0% |
| Others | N/A | N/A | N/A | 14.0 | 0% |
| Total | 22.0 | 58.0 | 98.0 | 965 | 252.7% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Israel in 2022:
- United States (466.0 tons)
- Canada (8.0 tons)
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