News

December 2022: A new rise in sugar prices in "region 3", in which Spain is located, up to €845/T

Sugar
Spain
Published Feb 9, 2023

Tridge summary

In relation to November, the price rises by 30 euros, while compared to December 2021 the amount rises by 65% The average price of sugar in the EU, during 2022, has been €500/T, gaining 24.4 % while in the aforementioned "region 3" it was 620, gaining 33% over the previous campaign when Brussels placed it at 465.83.

Original content

In relation to November, the price increases by 30 euros, while in comparison to December 2021 the amount increases by 65% The average price of sugar in the EU, during 2022, has been €500/T, gaining 24.4% while in the aforementioned "region 3" it was €620, gaining 33% over the previous campaign when Brussels placed it at 465.83. The latest report from the EU Sugar Market Observatory has placed the average price of sugar, during December 2022, at 655 euros per tonne, gaining 33 from the previous month while, in relation to 2021, the increase is 55 .5% from the initial €421. As regards "region 2" in which Brussels includes some of the main producers in the Union, France and Germany, the average amount has reached 624 euros, after earning €46 the previous month. In the interannual data, in that area, an increase of 51.8% can be seen from the initial 411 euros to the 624 already mentioned that the statistics register in this latest report issued from the Belgian capital. Finally, the ...
Source: Castilla
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