Belarus: Confectionery Market 2024

Confectionery Market Size in Belarus

The Belarusian confectionery market fell notably to $X in 2022, which is down by X% against the previous year. In general, consumption showed a abrupt curtailment. Confectionery consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Confectionery Production in Belarus

In value terms, confectionery production rose notably to $X in 2022 estimated in export price. In general, production, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Confectionery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Confectionery Exports

Exports from Belarus

In 2021, shipments abroad of confectionery increased by X% to X tons, rising for the sixth year in a row after three years of decline. In general, exports showed a resilient increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, confectionery exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia (X tons) was the main destination for confectionery exports from Belarus, accounting for a X% share of total exports. Moreover, confectionery exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), eightfold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and China (X% per year).

In value terms, Russia ($X) remains the key foreign market for confectionery exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with an X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and China (X% per year).

Export Prices by Country

In 2021, the average confectionery export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (X%), while the prices for the other major destinations experienced a decline.

Confectionery Imports

Imports into Belarus

Confectionery imports into Belarus totaled X tons in 2021, increasing by X% against 2020. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, confectionery imports expanded notably to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X tons) constituted the largest confectionery supplier to Belarus, accounting for a X% share of total imports. Moreover, confectionery imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), sevenfold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Turkey (X% per year).

In value terms, Russia ($X) constituted the largest supplier of confectionery to Belarus, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Ukraine (X% per year).

Import Prices by Country

The average confectionery import price stood at $X per ton in 2021, surging by X% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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