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

Contents:

  1. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Romania (CIF) - 2023
  2. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Romania (FOB) - 2022
  3. Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Romania
  4. Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Romania

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

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $2,700 per ton in October 2023, with a decrease of -39.3% against the previous month. Overall, the import price saw a pronounced decline. The most prominent rate of growth was recorded in February 2023 an increase of 22% m-o-m. As a result, import price attained the peak level of $4,455 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($4,758 per ton), while the price for Indonesia ($1,278 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 Hungary (+3.5%), 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 Romania (FOB) - 2022

In 2022, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $5,511 per ton, increasing by 3.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 7.7%. The export price peaked at $6,496 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($8,457 per ton), while the average price for exports to Hungary ($2,482 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+17.3%), 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 Romania

In 2022, approx. 36K tons of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa were imported into Romania; increasing by 5.6% compared with the previous year. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa rose to $124M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland23.419.323.422.3-1.6%
Germany16.217.721.621.610.1%
Ukraine9.912.316.014.413.3%
Turkey6.85.99.09.612.2%
Hungary3.33.76.49.039.7%
Czech Republic6.45.17.68.911.6%
Austria3.84.26.66.821.4%
Belgium3.63.75.75.917.9%
Bulgaria3.04.25.14.413.6%
Italy3.32.74.04.17.5%
China0.30.81.73.6128.9%
Greece3.32.92.82.8-5.3%
Netherlands1.61.52.12.312.9%
Others5.14.96.48.217.2%
Total89.889.011812411.4%

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

  1. Ukraine (6.9K tons)
  2. Germany (6.7K tons)
  3. Poland (4.8K tons)
  4. Turkey (3.6K tons)
  5. Hungary (2.0K tons)
  6. Austria (1.8K tons)
  7. Czech Republic (1.7K tons)
  8. Belgium (1.5K tons)
  9. Bulgaria (1.3K tons)
  10. Italy (1.2K tons)
  11. Netherlands (0.8K tons)
  12. Greece (0.6K tons)
  13. China (0.6K tons)

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

In 2022, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa from Romania rose significantly to 4.2K tons, with an increase of 12% against the previous year. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 27%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa surged to $23M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, 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 32%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.52.63.03.17.4%
Germany2.01.42.03.014.5%
Moldova1.31.41.92.015.4%
Italy0.90.81.31.723.6%
Slovakia0.50.71.41.750.4%
United Kingdom0.50.61.31.440.9%
Poland0.10.50.81.3135.1%
France0.50.60.91.130.1%
Spain0.80.91.01.07.7%
Bulgaria4.62.10.90.9-41.9%
Greece0.70.30.70.84.6%
Belgium0.40.50.50.40.0%
Hungary0.20.40.40.314.5%
Others3.22.54.04.411.2%
Total18.315.220.123.28.2%

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

  1. Slovakia (639.8 tons)
  2. Germany (454.3 tons)
  3. Netherlands (388.5 tons)
  4. Italy (291.3 tons)
  5. United Kingdom (247.3 tons)
  6. Moldova (239.1 tons)
  7. Greece (226.6 tons)
  8. Bulgaria (221.1 tons)
  9. Poland (187.5 tons)
  10. Spain (178.3 tons)
  11. France (138.1 tons)
  12. Belgium (121.1 tons)
  13. Hungary (115.2 tons)

Source: IndexBox Market Intelligence Platform

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