Price for Sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa in Slovakia - 2023
Contents:
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia (FOB) - 2023
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia (CIF) - 2023
- Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia
- Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia (FOB) - 2023
The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $5,899 per ton in October 2023, jumping by 28% against the previous month. Over the period under review, export price indicated a prominent expansion from October 2022 to October 2023: its price increased at an average monthly rate of +6.2% over the last twelve-month period. 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 +19.9% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 47% month-to-month. Over the period under review, the average export prices attained the peak figure in October 2023.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was the United Arab Emirates ($9,309 per ton), while the average price for exports to the UK ($4,353 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 the United Arab Emirates (+13.8%), 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 Slovakia (CIF) - 2023
The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $3,056 per ton in October 2023, which is down by -39.9% against the previous month. Overall, the import price, however, recorded a mild increase. The growth pace was the most rapid in November 2022 an increase of 36% m-o-m. The import price peaked at $5,085 per ton in September 2023, and then contracted rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($10,631 per ton), while the price for Ukraine ($2,339 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 Netherlands (+21.8%), 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 Slovakia
In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa exported from Slovakia soared to 57K tons, picking up by 34% against the year before. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +63.4% against 2019 indices. As a result, the exports reached 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 $128M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 35.5 | 31.8 | 36.5 | 41.2 | 5.1% |
| Finland | 17.2 | 18.8 | 16.9 | 23.4 | 10.8% |
| Poland | 8.7 | 16.0 | 13.8 | 17.0 | 25.0% |
| Netherlands | 13.8 | 12.0 | 12.2 | 13.4 | -1.0% |
| Germany | 2.4 | 2.6 | 5.1 | 4.9 | 26.9% |
| United Kingdom | 4.4 | 2.3 | 3.1 | 4.8 | 2.9% |
| Czech Republic | 5.3 | 4.5 | 5.2 | 4.2 | -7.5% |
| Hungary | 2.3 | 3.9 | 3.6 | 3.3 | 12.8% |
| Others | 12.2 | 12.6 | 15.5 | 16.0 | 9.5% |
| Total | 102 | 104 | 112 | 128 | 7.9% |
Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Slovakia in 2022:
- Sweden (20.6K tons)
- Netherlands (11.0K tons)
- Finland (10.7K tons)
- Poland (5.4K tons)
- United Kingdom (1.9K tons)
- Germany (1.8K tons)
- Hungary (1.1K tons)
- Czech Republic (0.9K tons)
Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia
In 2022, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into Slovakia skyrocketed to 22K tons, growing by 22% on 2021. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 modestly to $63M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 13.4 | 20.1 | 21.5 | 20.3 | 14.8% |
| Germany | 12.9 | 14.1 | 17.7 | 18.5 | 12.8% |
| Poland | 5.8 | 5.2 | 4.9 | 5.7 | -0.6% |
| Netherlands | 3.5 | 2.3 | 3.4 | 5.6 | 17.0% |
| Spain | 1.8 | 1.8 | 1.7 | 2.5 | 11.6% |
| Hungary | 3.0 | 2.5 | 4.3 | 2.4 | -7.2% |
| Belgium | 2.3 | 2.4 | 2.2 | 2.1 | -3.0% |
| Others | 9.5 | 5.7 | 6.0 | 5.8 | -15.2% |
| Total | 52.2 | 54.0 | 61.6 | 62.8 | 6.4% |
Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Slovakia in 2022:
- Czech Republic (6.7K tons)
- Germany (6.2K tons)
- Poland (2.8K tons)
- Netherlands (2.0K tons)
- Belgium (1.0K tons)
- Hungary (0.8K tons)
- Spain (0.6K tons)
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