Brazil - Sugars, Sugar Ethers And Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrazil's Sugars Price Increases Remarkably to $3,203 per Ton
Brazil Sugars Import Price in February 2023
In February 2023, the sugars price stood at $3,203 per ton (CIF, Brazil), growing by 26% against the previous month. Over the period under review, the import price showed slight growth. The growth pace was the most rapid in October 2022 an increase of 46% m-o-m. As a result, import price reached the peak level of $4,046 per ton. From November 2022 to February 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10,714 per ton), while the price for China ($1,869 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Sugars in Brazil (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
| United States | 8,629 | 10,474 | 9,950 | 6,839 | 8,562 | 11,532 | 12,094 | 10,273 | 10,450 | 9,479 | 10,851 | 7,822 | 10,714 |
| Germany | 2,717 | 2,880 | 3,247 | 2,747 | 2,464 | 4,805 | 7,150 | 2,145 | 2,397 | 3,569 | 2,835 | 4,065 | 5,889 |
| France | 2,297 | 5,888 | 2,598 | 10,403 | 6,879 | 2,494 | 2,662 | 3,266 | 6,174 | 2,408 | 5,426 | 5,165 | 3,466 |
| Austria | N/A | 2,872 | N/A | 3,277 | 3,193 | 3,369 | 3,107 | 3,220 | 3,420 | 3,245 | 3,357 | 3,272 | 3,356 |
| Canada | 2,605 | 3,467 | 3,722 | 2,726 | 3,285 | 2,510 | 3,112 | 4,136 | 3,664 | 2,596 | N/A | 2,596 | 2,780 |
| China | 2,811 | 2,717 | 2,712 | 2,451 | 2,341 | 2,340 | 2,087 | 2,425 | 2,211 | 2,087 | 2,210 | 1,789 | 1,869 |
| Average | 2,844 | 3,333 | 3,723 | 3,671 | 3,382 | 3,783 | 3,153 | 2,771 | 4,046 | 3,217 | 2,934 | 2,549 | 3,203 |
Brazil Sugars Imports
In February 2023, imports of sugars, sugar ethers and salts into Brazil expanded markedly to 895 tons, increasing by 7.7% compared with the previous month's figure. Overall, total imports indicated a perceptible increase from February 2022 to February 2023: its volume increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, imports increased by +10.8% against December 2022 indices. The pace of growth appeared the most rapid in May 2022 when imports increased by 69% m-o-m.
In value terms, sugars imports skyrocketed to $2.9M (IndexBox estimates) in February 2023. Over the period under review, total imports indicated a perceptible expansion from February 2022 to February 2023: its value increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, imports increased by +35.3% against January 2023 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 89% m-o-m.
Brazil Sugars Imports by Country
In February 2023, China (528 tons) constituted the largest sugars supplier to Brazil, accounting for a 59% share of total imports. Moreover, sugars imports from China exceeded the figures recorded by the second-largest supplier, Austria (160 tons), threefold. Canada (94 tons) ranked third in terms of total imports with a 10% share.
From February 2022 to February 2023, the average monthly growth rate of volume from China stood at +3.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Austria (+12.9% per month) and Canada (+4.3% per month).
In value terms, the largest sugars suppliers to Brazil were China ($986K), Austria ($537K) and Germany ($523K), together accounting for 71% of total imports.
Among the main suppliers, Austria, with a CAGR of +14.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the sugars market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
