Serbia - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Candy, Sweets, and Nonchocolate Confectionery in Serbia - 2023
Contents:
- Price for Candy, Sweets, and Nonchocolate Confectionery in Serbia (CIF) - 2022
- Price for Candy, Sweets, and Nonchocolate Confectionery in Serbia (FOB) - 2022
- Imports of Candy, Sweets, and Nonchocolate Confectionery in Serbia
- Exports of Candy, Sweets, and Nonchocolate Confectionery in Serbia
Price for Candy, Sweets, and Nonchocolate Confectionery in Serbia (CIF) - 2022
In 2022, the average import price for candies, sweets, and nonchocolate confectionery amounted to $3,551 per ton, rising by 7.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 20%. Over the period under review, average import prices reached the maximum at $3,939 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($4,287 per ton), while the price for Russia ($1,823 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Candy, Sweets, and Nonchocolate Confectionery in Serbia (FOB) - 2022
In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $3,502 per ton, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 12%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($4,358 per ton) and Montenegro ($4,091 per ton), while the average price for exports to North Macedonia ($3,242 per ton) and Croatia ($3,254 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 Montenegro (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Candy, Sweets, and Nonchocolate Confectionery in Serbia
After three years of growth, supplies from abroad of candies, sweets, and nonchocolate confectionery decreased by -11.7% to 10K tons in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +44.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 12K tons, and then reduced in the following year.
In value terms, candy, sweets, and nonchocolate confectionery imports contracted modestly to $37M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 53%.
| Import of Candy, Sweets, and Nonchocolate Confectionery in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 7.6 | 8.6 | 8.8 | 31.2% |
| Turkey | 4.7 | 4.1 | 5.1 | 6.6 | 12.0% |
| Poland | 2.0 | 7.5 | 7.2 | 6.1 | 45.0% |
| Spain | 0.8 | 0.9 | 1.2 | 2.4 | 44.2% |
| Belgium | 1.4 | 1.6 | 2.1 | 1.8 | 8.7% |
| Croatia | 1.0 | 1.8 | 2.4 | 1.8 | 21.6% |
| Austria | 0.5 | 1.1 | 1.3 | 1.4 | 40.9% |
| North Macedonia | 1.4 | 1.2 | 1.4 | 1.1 | -7.7% |
| Ukraine | 1.4 | 1.5 | 1.9 | 0.9 | -13.7% |
| Russia | 0.1 | 0.6 | 2.5 | 0.9 | 108.0% |
| Czech Republic | 0.8 | 0.5 | 0.6 | 0.7 | -4.4% |
| Netherlands | 0.5 | 0.7 | 0.8 | 0.6 | 6.3% |
| Italy | 0.6 | 0.7 | 0.6 | 0.5 | -5.9% |
| Others | 2.1 | 2.5 | 3.3 | 3.5 | 18.6% |
| Total | 21.1 | 32.2 | 39.0 | 37.1 | 20.7% |
Top Suppliers of Candy, Sweets, and Nonchocolate Confectionery to Serbia in 2022:
- Germany (2351.4 tons)
- Turkey (2347.5 tons)
- Poland (1434.0 tons)
- Spain (565.5 tons)
- Russia (470.0 tons)
- North Macedonia (469.4 tons)
- Belgium (466.3 tons)
- Ukraine (448.0 tons)
- Croatia (442.0 tons)
- Austria (338.0 tons)
- Czech Republic (211.5 tons)
- Netherlands (143.6 tons)
- Italy (123.9 tons)
Exports of Candy, Sweets, and Nonchocolate Confectionery in Serbia
Candy, sweets, and nonchocolate confectionery exports from Serbia stood at 2.8K tons in 2022, remaining stable against 2021. Over the period under review, exports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.1%.
In value terms, candy, sweets, and nonchocolate confectionery exports totaled $9.8M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Candy, Sweets, and Nonchocolate Confectionery in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 3.8 | 3.4 | 3.9 | 3.5 | -2.7% |
| Montenegro | 1.7 | 1.2 | 1.8 | 2.2 | 9.0% |
| North Macedonia | 1.3 | 1.2 | 1.5 | 1.7 | 9.4% |
| Croatia | 1.0 | 0.7 | 1.0 | 1.1 | 3.2% |
| Germany | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Romania | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Netherlands | 0.3 | 0.5 | 0.2 | 0.1 | -30.7% |
| Others | 1.2 | 0.9 | 0.9 | 0.9 | -9.1% |
| Total | 9.7 | 8.3 | 9.7 | 9.8 | 0.3% |
Top Export Markets for Candy, Sweets, and Nonchocolate Confectionery from Serbia in 2022:
- Bosnia and Herzegovina (1060.7 tons)
- Montenegro (547.6 tons)
- North Macedonia (533.7 tons)
- Croatia (339.1 tons)
- Germany (60.8 tons)
- Netherlands (35.6 tons)
- Romania (33.0 tons)
This report provides an in-depth analysis of the market for candy, sweets, and nonchocolate confectionery in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10822310 - Chewing gum
- Prodcom 10822320 - Liquorice cakes, blocks, sticks and pastilles containing > .10 % by weight of sucrose, but not containing any other substances
- Prodcom 10822330 - White chocolate
- Prodcom 10822353 - Sugar confectionery pastes in immediate packings of a net content . 1 kg (including marzipan, fondant, nougat and almond pastes)
- Prodcom 10822355 - Throat pastilles and cough drops consisting essentially of sugars and flavouring agents (excluding pastilles or drops with flavouring agents containing medicinal properties)
- Prodcom 10822363 - Sugar-coated (panned) goods (including sugar almonds)
- Prodcom 10822365 - Gums, fruit jellies and fruit pastes in the form of sugar confectionery (excluding chewing gum)
- Prodcom 10822373 - Boiled sweets
- Prodcom 10822375 - Toffees, caramels and similar sweets
- Prodcom 10822383 - Compressed tablets of sugar confectionery (including cachous)
- Prodcom 10822390 - Sugar confectionery, n.e.c.
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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