Price for Sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa in Germany - 2023
Contents:
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany (FOB) - 2023
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany (CIF) - 2023
- Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany
- Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany (FOB) - 2023
The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $5,390 per ton in October 2023, remaining relatively unchanged against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in January 2023 an increase of 14% month-to-month. Over the period under review, the average export prices reached the maximum at $5,395 per ton in September 2023, and then reduced in the following month.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Switzerland ($6,770 per ton), while the average price for exports to Saudi Arabia ($3,810 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 Belgium (+4.4%), 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 Germany (CIF) - 2023
In October 2023, the average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $5,780 per ton, surging by 14% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($10,635 per ton), while the price for Russia ($2,326 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 Spain (+4.0%), 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 Germany
Exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa from Germany expanded remarkably to 438K tons in 2022, surging by 9.9% against 2021 figures. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, the exports of reached the peak figure in 2022 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 expanded markedly to $1.7B in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 169 | 221 | 271 | 322 | 24.0% |
Netherlands | 132 | 136 | 189 | 202 | 15.2% |
United Kingdom | 98.5 | 113 | 124 | 139 | 12.2% |
Poland | 94.7 | 95.6 | 110 | 118 | 7.6% |
Austria | 92.5 | 91.3 | 104 | 106 | 4.6% |
Belgium | 31.3 | 45.1 | 84.2 | 87.2 | 40.7% |
France | 69.1 | 67.3 | 75.4 | 83.0 | 6.3% |
Switzerland | 36.7 | 39.2 | 45.8 | 47.7 | 9.1% |
Italy | 39.9 | 40.4 | 44.5 | 46.7 | 5.4% |
South Korea | 42.6 | 44.6 | 33.7 | 41.3 | -1.0% |
Spain | 30.7 | 28.7 | 33.5 | 36.0 | 5.5% |
Czech Republic | 32.2 | 32.3 | 34.5 | 35.8 | 3.6% |
Sweden | 22.9 | 23.5 | 25.9 | 31.0 | 10.6% |
Others | 374 | 335 | 401 | 447 | 6.1% |
Total | 1,266 | 1,314 | 1,577 | 1,742 | 11.2% |
Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Germany in 2022:
- United States (83.3K tons)
- Netherlands (64.4K tons)
- United Kingdom (33.1K tons)
- Poland (30.0K tons)
- Austria (26.8K tons)
- France (21.4K tons)
- Belgium (21.0K tons)
- Italy (12.4K tons)
- South Korea (10.5K tons)
- Spain (9.7K tons)
- Czech Republic (8.9K tons)
- Switzerland (8.6K tons)
- Sweden (8.3K tons)
Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany
In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa imported into Germany reached 199K tons, rising by 1.8% compared with 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 8% against the previous year.
In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa shrank to $750M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 8.4% against the previous year. As a result, imports reached the peak of $772M, and then declined modestly in the following year.
Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 101 | 109 | 124 | 128 | 8.2% |
Belgium | 126 | 126 | 143 | 110 | -4.4% |
Poland | 73.8 | 80.7 | 91.9 | 93.8 | 8.3% |
Spain | 53.5 | 46.0 | 60.8 | 65.4 | 6.9% |
Switzerland | 77.3 | 48.1 | 45.4 | 48.2 | -14.6% |
Denmark | 42.3 | 36.2 | 37.3 | 40.2 | -1.7% |
Austria | 33.5 | 31.9 | 33.4 | 35.1 | 1.6% |
Italy | 26.9 | 28.3 | 29.5 | 31.2 | 5.1% |
France | 13.5 | 19.6 | 24.9 | 30.4 | 31.1% |
Turkey | 19.8 | 19.7 | 26.7 | 28.1 | 12.4% |
Ireland | 30.9 | 25.6 | 27.9 | 27.8 | -3.5% |
Hungary | 9.8 | 8.0 | 11.1 | 15.4 | 16.3% |
United Kingdom | 39.1 | 41.7 | 12.5 | 10.7 | -35.1% |
Others | 98.2 | 90.4 | 103 | 85.0 | -4.7% |
Total | 745 | 712 | 772 | 750 | 0.2% |
Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Germany in 2022:
- Belgium (36.0K tons)
- Netherlands (35.8K tons)
- Spain (23.2K tons)
- Poland (23.0K tons)
- Austria (11.8K tons)
- Turkey (8.8K tons)
- Denmark (8.2K tons)
- Switzerland (7.6K tons)
- Italy (7.5K tons)
- France (7.2K tons)
- Hungary (5.5K tons)
- Ireland (5.0K tons)
- United Kingdom (1.7K tons)
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