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

Contents:

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

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

In October 2023, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $6,266 per ton, picking up by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($11,031 per ton), while the average price for exports to Qatar ($2,811 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 Ukraine (+4.8%), 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 Poland (CIF) - 2023

In October 2023, the average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $3,334 per ton, declining by -22.2% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 24% m-o-m. Over the period under review, average import prices attained the maximum at $4,544 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($7,312 per ton), while the price for Egypt ($2,061 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 Hungary (+4.9%), 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 Poland

For the fourth year in a row, Poland recorded growth in shipments abroad of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa, which increased by 10% to 128K tons in 2022. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa rose rapidly to $534M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 8.4% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

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

1. Germany (32.4K tons)
2. United Kingdom (7.3K tons)
3. Saudi Arabia (6.7K tons)
4. Hungary (6.6K tons)
5. Czech Republic (6.1K tons)
6. Romania (5.0K tons)
7. Denmark (4.3K tons)
8. Netherlands (4.1K tons)
9. Russia (3.5K tons)
10. United Arab Emirates (3.4K tons)
11. France (3.0K tons)
12. Finland (2.7K tons)
13. Sweden (2.7K tons)

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

In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa imported into Poland rose notably to 87K tons, with an increase of 8% compared with 2021. The total import volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 9.7% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa totaled $295M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Germany (29.4K tons)
2. Czech Republic (10.2K tons)
3. Ukraine (8.4K tons)
4. Spain (8.0K tons)
5. Netherlands (7.4K tons)
6. Hungary (4.5K tons)
7. Belgium (3.3K tons)
8. Italy (3.0K tons)
9. Slovakia (2.8K tons)
10. Turkey (2.2K tons)
11. Austria (1.9K tons)
12. Denmark (1.5K tons)

Source: IndexBox Market Intelligence Platform