In EU, sugar reaches 873 euros per ton in region 3 where Spain is included, in January 2023

Published 2023년 3월 14일

Tridge summary

The European Union has seen a dramatic surge in sugar prices, with a ton of sugar now costing 118 euros more in January 2023 than December 2022, equivalent to 733 euros per ton. This represents a 78% increase from the previous year's price of 433 euros. The price hike varies across regions, with "region 2," which includes France and Germany, experiencing a more significant increase of 133 euros to 757 euros per ton, a 78.1% rise from January 2022. In contrast, "region 3," which includes Spain, saw a more modest increase of 28 euros to 873 euros per ton, a 70.5% rise from the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the whole of the EU, in this month, it rises by 118 euros to 733 €/T Sugar is experiencing a spectacular increase, in the whole of the European Union, in the month of January 2023, since it gains 118 over December 2022 to mark an amount, according to the Observatory of the sector, of 733 euros per ton. This increase means that, in the last 365 days, the amount of a ton of sugar, in the EU as a whole, has risen 78% from the 433 euros it registered in January 2022. In "region 2" that includes France and Germany, the main producers in the EU, there has been a month-on-month increase of 133 euros to reach 757 €/T. This statistic shows how the growth, between January 2022 and 2023, has stood at 78.1% ...

Source: Castilla