Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France - 2023

Contents:

  1. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France (CIF) - 2023
  2. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France (FOB) - 2023
  3. Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France
  4. Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France (CIF) - 2023

In October 2023, the average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $5,688 per ton, increasing by 8.9% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.0%. The growth pace was the most rapid in December 2022 an increase of 15% month-to-month. The import price peaked in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($8,505 per ton), while the price for the United Arab Emirates ($1,679 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France (FOB) - 2023

The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $8,298 per ton in October 2023, jumping by 30% against the previous month. In general, export price indicated prominent growth from October 2022 to October 2023: its price increased at an average monthly rate of +7.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa increased by +30.0% against June 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Japan ($13,546 per ton), while the average price for exports to the UK ($5,093 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France

In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa imported into France surged to 148K tons, increasing by 27% against 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa rose rapidly to $489M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands65.975.210111520.4%
Belgium71.878.293.991.18.3%
Spain80.672.070.579.4-0.5%
Germany60.059.168.076.38.3%
Ireland29.923.623.525.6-5.0%
Italy23.921.021.319.3-6.9%
United Kingdom4.74.310.210.832.0%
Hungary9.26.14.97.2-7.8%
Others60.343.056.464.92.5%
Total4073834504896.3%

Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to France in 2022:

  1. Netherlands (46.7K tons)
  2. Belgium (28.6K tons)
  3. Spain (26.3K tons)
  4. Germany (22.8K tons)
  5. Italy (4.5K tons)
  6. Hungary (3.1K tons)
  7. United Kingdom (2.3K tons)
  8. Ireland (2.1K tons)

Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France

In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa exported from France expanded significantly to 52K tons, with an increase of 13% compared with 2021. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa rose sharply to $239M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.221.930.130.08.9%
Spain23.320.922.726.94.9%
United States18.616.420.626.412.4%
Belgium17.817.118.419.42.9%
Italy14.313.117.619.310.5%
United Kingdom12.611.414.413.72.8%
Switzerland12.011.213.412.82.2%
Sweden5.44.78.18.717.2%
Norway4.15.16.96.416.0%
Netherlands6.14.34.36.31.1%
China6.95.76.15.0-10.2%
Denmark2.82.72.72.91.2%
Others55.941.352.661.43.2%
Total2031762182395.6%

Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from France in 2022:

  1. Belgium (7.6K tons)
  2. Germany (7.2K tons)
  3. Spain (6.6K tons)
  4. Italy (5.7K tons)
  5. United States (3.5K tons)
  6. United Kingdom (3.1K tons)
  7. Sweden (2.6K tons)
  8. Switzerland (2.0K tons)
  9. Norway (1.5K tons)
  10. Netherlands (1.2K tons)
  11. Denmark (0.7K tons)
  12. China (0.6K tons)

Source: IndexBox Market Intelligence Platform

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