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

Contents:

1. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Egypt (FOB) - 2022
2. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Egypt (CIF) - 2022
3. Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Egypt
4. Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Egypt

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Egypt (FOB) - 2022

The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $4,109 per ton in 2022, falling by -5.7% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average export price increased by 41% against the previous year. The export price peaked at $4,359 per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($4,113 per ton) and Libya ($4,113 per ton), while the average price for exports to Sudan ($4,113 per ton) and Morocco ($4,113 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Egypt (CIF) - 2022

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $4,325 per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 12% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($4,325 per ton) and Indonesia ($4,325 per ton), while the price for China ($4,325 per ton) and Germany ($4,325 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa exported from Egypt soared to 14K tons, jumping by 28% compared with the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa surged to $56M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

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

1. Sudan (3.4K tons)
2. Yemen (2.6K tons)
3. Saudi Arabia (2.1K tons)
4. Jordan (1.1K tons)
5. Libya (1.0K tons)
6. Morocco (0.8K tons)
7. Palestine (0.7K tons)

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

Imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into Egypt contracted to 2.8K tons in 2022, waning by -6.5% on the year before. Overall, imports saw a slight decline. The pace of growth was the most pronounced in 2021 when imports increased by 30%. As a result, imports attained the peak of 3K tons, and then reduced in the following year.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa reduced to $12M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, imports attained the peak of $13M, and then declined in the following year.

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

1. Turkey (1536.5 tons)
2. Spain (332.0 tons)
3. Poland (176.2 tons)
4. Czech Republic (125.2 tons)
5. Belgium (119.0 tons)
6. Germany (103.6 tons)
7. India (71.7 tons)
8. Indonesia (63.8 tons)
9. United States (60.0 tons)
10. Netherlands (34.5 tons)
11. Saudi Arabia (30.6 tons)
12. Switzerland (21.5 tons)

Source: IndexBox Market Intelligence Platform