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

Published 2023년 2월 8일

Tridge summary

The average price of sugar in the EU rose significantly in 2022, with regions including Spain seeing the highest increases. The average price in the EU was €500 per tonne, a 24.4% increase from 2021. In regions including France and Germany, the average price was €624, a 51.8% increase from 2021. However, the most notable increase was in the region including Spain, where the average price was €845 per tonne, a 104 euros or 65% increase from December 2021.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

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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