Price for Sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa in the Netherlands - 2023

Contents:

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

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

In October 2023, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $5,884 per ton, with an increase of 9.7% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.4%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 12% month-to-month. The export price peaked in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($8,322 per ton), while the average price for exports to the UK ($4,504 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 Finland (+4.0%), 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 the Netherlands (CIF) - 2023

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $5,447 per ton in October 2023, picking up by 8.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in April 2023 an increase of 9.1% month-to-month. Over the period under review, average import prices hit record highs in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,308 per ton), while the price for Morocco ($2,567 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 Poland (+4.7%), 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 the Netherlands

In 2022, after three years of growth, there was decline in shipments abroad of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa, when their volume decreased by -2.8% to 180K tons. The total export volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of 186K tons, and then contracted slightly in the following year.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa shrank to $723M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $783M, and then contracted in the following year.

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

1. Germany (41.9K tons)
2. Belgium (27.2K tons)
3. United Kingdom (26.1K tons)
4. France (20.2K tons)
5. United States (13.0K tons)
6. Sweden (9.4K tons)
7. Denmark (5.8K tons)
8. Finland (4.8K tons)
9. Poland (4.7K tons)
10. Italy (3.1K tons)

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

Imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into the Netherlands declined slightly to 118K tons in 2022, dropping by -3.7% against 2021 figures. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 2.6% against the previous year. As a result, imports reached the peak of 123K tons, and then reduced slightly in the following year.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa reached $458M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Belgium (34.2K tons)
2. Germany (29.0K tons)
3. Poland (9.0K tons)
4. Italy (7.7K tons)
5. Spain (6.7K tons)
6. China (4.2K tons)
7. United Kingdom (4.0K tons)
8. Slovakia (3.8K tons)
9. France (2.7K tons)
10. Turkey (2.5K tons)
11. United States (2.2K tons)

Source: IndexBox Market Intelligence Platform