CIS: Sugar Confectionery Paste Market 2020

Sugar Confectionery Paste Market Size in CIS

The revenue of the sugar confectionery paste market in CIS amounted to $X in 2017, surging by X% against the previous year. The sugar confectionery paste consumption continues to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. In that year, the sugar confectionery paste market attained their peak level of $X. From 2009 to 2017, growth of the sugar confectionery paste market failed to regain its momentum.

Sugar Confectionery Paste Production in CIS

Russia (X tons) remains the largest sugar confectionery paste producing country in CIS, comprising approx. X% of total production.

Sugar Confectionery Paste Exports in CIS

In 2017, exports of marzipan, fondant, nougat and almond pastes in CIS totaled X tons, rising by X% against the previous year. The sugar confectionery paste exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2011, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, sugar confectionery paste exports amounted to $X in 2017. The sugar confectionery paste exports continue to indicate a prominent expansion. Over the period under review, the sugar confectionery paste exports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Sugar Confectionery Paste Exports by Country in CIS

In 2017, Russia (X tons) represented the key exporter for marzipan, fondant, nougat and almond pastes, making up X% of total exports. Kazakhstan (X tons) held the second position in the ranking, distantly followed by Belarus (X tons). All these countries together took approx. X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to sugar confectionery paste exports from Russia stood at +X%. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) illustrated a downward trend over the same period. Belarus (X%) significantly strengthened its position in terms of the global exports, while Kazakhstan and Russia saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest sugar confectionery paste supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Belarus, with a X% share.

In Russia, sugar confectionery paste exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (-X% per year).

Sugar Confectionery Paste Export Prices by Country in CIS

The sugar confectionery paste export price in CIS stood at $X per ton in 2017, coming down by -X% against the previous year. The sugar confectionery paste export price continues to indicate a slight increase. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar Confectionery Paste Imports in CIS

In 2017, sugar confectionery paste imports in CIS stood at X tons, going up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, sugar confectionery paste imports amounted to $X in 2017. The total imports indicated a significant growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sugar confectionery paste imports increased by +X% against 2015 indices. Over the period under review, the sugar confectionery paste imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Sugar Confectionery Paste Imports by Country in CIS

In 2017, Russia (X tons) was the key importer for marzipan, fondant, nougat and almond pastes, creating X% of total imports. Kazakhstan (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Azerbaijan (X%), Belarus (X%) and Kyrgyzstan (X%). Armenia (X tons) held the minor share of total imports.

Russia experienced a relatively flat trend pattern of marzipan, fondant, nougat and almond pastes imports. At the same time, Armenia (+X%), Kyrgyzstan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Azerbaijan experienced a relatively flat trend pattern. From 2007 to 2017, the share of Russia increased by X% percentage points, while Kazakhstan (-X%), Armenia (-X%), Kyrgyzstan (-X%) and Belarus (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported marzipan, fondant, nougat and almond pastes in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, sugar confectionery paste imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

Sugar Confectionery Paste Import Prices by Country in CIS

In 2017, the sugar confectionery paste import price in CIS amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belarus ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Azerbaijan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform