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

Contents:

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

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

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $4,527 per ton in October 2023, increasing by 2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in January 2023 an increase of 23% against the previous month. The import price peaked at $4,583 per ton in August 2023; however, from September 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($5,986 per ton), while the price for Turkey ($3,328 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 Slovakia (+5.1%), 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 Sweden (FOB) - 2023

In October 2023, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $5,241 per ton, waning by -3.8% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in January 2023 an increase of 26% against the previous month. Over the period under review, the average export prices reached the maximum at $5,447 per ton in September 2023, and then contracted in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($9,478 per ton), while the average price for exports to Norway ($5,113 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 States (+5.1%), 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 Sweden

In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa imported into Sweden surged to 94K tons, jumping by 26% on 2021. The total import volume increased at an average annual rate of +6.9% over the period 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 surged to $302M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Denmark (24.1K tons)
2. Slovakia (14.9K tons)
3. Netherlands (11.1K tons)
4. Finland (10.2K tons)
5. Germany (7.9K tons)
6. Belgium (6.5K tons)
7. Spain (5.7K tons)

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

In 2022, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa from Sweden rose notably to 48K tons, picking up by 11% against the previous year. The total export volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa totaled $173M in 2022. The total export value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Norway (15.9K tons)
2. Denmark (13.8K tons)
3. Finland (7.5K tons)
4. Germany (3.1K tons)
5. Netherlands (1.4K tons)
6. Belgium (1.0K tons)
7. United Kingdom (0.8K tons)

Source: IndexBox Market Intelligence Platform