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

Contents:

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

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

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $5,028 per ton in October 2023, dropping by -24.2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 24% against the previous month. As a result, import price reached the peak level of $6,635 per ton, and then dropped remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($12,133 per ton), while the price for Bosnia and Herzegovina ($2,700 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 (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $7,005 per ton in October 2023, rising by 7.2% against the previous month. In general, export price indicated a prominent expansion from October 2022 to October 2023: its price increased at an average monthly rate of +5.9% 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 +26.0% against August 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 31% m-o-m. Over the period under review, the average export prices hit record highs in October 2023.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Montenegro ($9,720 per ton), while the average price for exports to Serbia ($5,511 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 North Macedonia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into Slovenia expanded remarkably to 6.2K tons, increasing by 6.5% compared with 2021 figures. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $30M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Germany (1996.2 tons)
2. Italy (737.9 tons)
3. Austria (722.6 tons)
4. Czech Republic (696.6 tons)
5. Croatia (581.7 tons)
6. Poland (389.7 tons)
7. Spain (319.3 tons)

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

In 2022, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa from Slovenia shrank to 3.6K tons, which is down by -7.8% compared with the previous year's figure. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 0.7%.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa shrank modestly to $14M in 2022. Overall, exports saw a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by 10%.

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

1. Croatia (1048.1 tons)
2. Italy (328.7 tons)
3. Bosnia and Herzegovina (320.4 tons)
4. Germany (296.5 tons)
5. Poland (285.4 tons)
6. Romania (194.9 tons)
7. Serbia (189.3 tons)
8. Czech Republic (132.6 tons)
9. Canada (82.6 tons)
10. United Arab Emirates (63.1 tons)
11. Kosovo (61.2 tons)
12. Slovakia (60.8 tons)
13. North Macedonia (60.1 tons)

Source: IndexBox Market Intelligence Platform