Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola - 2022

Contents:

  1. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola (CIF) - 2022
  2. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola (FOB) - 2022
  3. Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola
  4. Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola (CIF) - 2022

The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $328 per ton in 2022, which is down by -5.4% against the previous year. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 15%. Over the period under review, average import prices attained the maximum at $618 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Saudi Arabia ($781 per ton), while the price for South Africa ($176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.4%), while the prices for the other major suppliers experienced a decline.

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola (FOB) - 2022

The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $506 per ton in 2022, declining by -19.7% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose increased by +9.3% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $631 per ton in 2021, and then declined rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +4.5% per year.

Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola

In 2022, purchases abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose was finally on the rise to reach 174K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a sharp slump.

In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose skyrocketed to $57M in 2022. Overall, imports, however, saw a precipitous setback.

Import of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil11356.636.645.9-25.9%
Saudi Arabia5.65.14.45.60.0%
Mozambique1.01.51.21.39.1%
South Africa2.20.71.70.9-25.8%
Others10.83.73.03.5-31.3%
Total13367.546.957.2-24.5%

Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Angola in 2022:

  1. Brazil (151.7K tons)
  2. Saudi Arabia (7.2K tons)
  3. South Africa (5.0K tons)
  4. Mozambique (3.3K tons)

Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola

In 2022, approx. 6K tons of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose were exported from Angola; picking up by 210% against 2021. In general, exports continue to indicate a significant expansion.

In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose soared to $3M in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 238%. As a result, the exports attained the peak of $4.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo1.44.81.23.028.9%
OthersN/AN/AN/AN/A0%
Total1.44.91.23.028.9%

Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Angola in 2022:

  1. Democratic Republic of the Congo (6.0K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: White Sugar (containing >= 99,5% sucrose) and Chemically Pure Sucrose - Angola