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Explore the expected growth in the global market for sugars, sugar ethers, and salts over the next seven years, driven by increasing demand. Anticipated CAGR rates and market volume and value projections are provided.
Imports of Sugars peaked at 80K tons in 2016 but remained at a lower figure from 2017 to 2023. In value terms, Sugars imports sharply expanded to $109M in 2023.
Sugars imports hit a peak in 2023 and are expected to keep expanding in the future. The value of sugars imports notably decreased to $47M in 2023.
From 2022 to 2023, Sugars exports experienced a slight growth slowdown, with a notable decrease to $109M in value by 2023.
The pace of growth of Sugars appeared the most rapid in November 2022 when imports increased by 101% month-to-month. In value terms, Sugars imports expanded rapidly to $10M in September 2023.
In March 2023, the growth pace of Sugars was the most rapid, experiencing a month-to-month increase of 118%. In terms of value, the total imports of Sugars amounted to $1.2M in August 2023.
In June 2023, the Sugars price reached $1,179 per ton (FOB, Thailand), experiencing a 4.8% increase compared to the previous month.
In February 2023, the sugars price stood at $3,203 per ton (CIF, Brazil), growing by 26% against the previous month.
In March 2023, the sugars price stood at $6,153 per ton (CIF, US), surging by 21% against the previous month.
In August 2022, the sugar price stood at $2,566 per ton (CIF, Spain), which is down by -18.6% against the previous month.
In value terms, sugars imports totaled $X in 2016. Overall, it indicated a noticeable increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last ...
In value terms, sugars exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable fluct...