Price for Sugars; Fructose, Chemically Pure, in Solid Form in Argentina - 2023

Contents:

  1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Argentina (CIF) - 2022
  2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Argentina (FOB) - 2022
  3. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Argentina
  4. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Argentina

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Argentina (CIF) - 2022

The average import price for sugars; fructose, chemically pure, in solid form stood at $1,488 per ton in 2022, jumping by 16% against the previous year. Over the period under review, the import price saw a slight increase. The most prominent rate of growth was recorded in 2018 an increase of 214% against the previous year. As a result, import price attained the peak level of $3,847 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1,741 per ton) and Finland ($1,647 per ton), while the price for Turkey ($1,204 per ton) and Israel ($1,524 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Argentina (FOB) - 2022

The average export price for sugars; fructose, chemically pure, in solid form stood at $764 per ton in 2022, jumping by 43% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 76% against the previous year. As a result, the export price reached the peak level of $3,595 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -8.1% per year.

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Argentina

In 2022, the amount of sugars; fructose, chemically pure, in solid form imported into Argentina fell dramatically to 290 tons, shrinking by -47% against 2021 figures. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of 546 tons, and then fell significantly in the following year.

In value terms, imports of sugars; fructose, chemically pure, in solid form fell sharply to $431K in 2022. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports reached the peak of $811K, and then contracted markedly in the following year.

Import of Sugars; Fructose, Chemically Pure, in Solid Form in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States418401602225-18.7%
Turkey16796.4149145-4.6%
Israel52.526.359.561.15.2%
China51.7N/A1.1N/A-85.4%
Others0.30.4N/A0.410.1%
Total690524811431-14.5%

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Argentina in 2022:

  1. United States (129.3 tons)
  2. Turkey (120.0 tons)
  3. Israel (40.1 tons)

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Argentina

Exports of sugars; fructose, chemically pure, in solid form from Argentina declined notably to 3 kg in 2022, which is down by -84.2% on the year before. In general, exports recorded a precipitous curtailment. The smallest decline of -15.8% was in 2020.

In value terms, exports of sugars; fructose, chemically pure, in solid form contracted dramatically to $2 in 2022. Over the period under review, exports recorded a sharp descent. The smallest decline of -19% was in 2020.

Export of Sugars; Fructose, Chemically Pure, in Solid Form in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/AN/A0%
Paraguay1.71.4N/AN/A-17.6%
OthersN/AN/AN/AN/A0%
Total1.71.4N/AN/A-17.6%

Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Argentina in 2022:

  1. Ireland (3.0 kg)

Source: IndexBox Market Intelligence Platform

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