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

Contents:

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

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

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $3,879 per ton in October 2023, which is down by -32.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices hit record highs at $5,713 per ton in September 2023, and then contracted rapidly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Kosovo ($5,541 per ton), while the price for North Macedonia ($3,015 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 Turkey (+5.6%), 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 Croatia (FOB) - 2022

The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $4,360 per ton in 2022, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 9.1%. Over the period under review, the average export prices reached the maximum at $4,431 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($21,160 per ton), while the average price for exports to Germany ($2,074 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 the UK (+15.6%), 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 Croatia

Imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into Croatia amounted to 8.8K tons in 2022, with an increase of 5.9% on 2021 figures. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Over the period under review, imports of attained the maximum 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 reached $36M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.29.512.013.112.5%
Slovenia2.72.63.43.59.0%
Poland2.82.82.62.7-1.2%
Austria0.50.61.12.468.7%
Hungary1.10.91.32.022.1%
Italy1.41.11.41.76.7%
Turkey0.60.71.21.638.7%
Czech Republic1.71.51.71.6-2.0%
Spain1.20.91.01.45.3%
Belgium5.13.13.41.3-36.6%
Serbia1.00.71.01.13.2%
North Macedonia0.80.90.80.80.0%
Netherlands0.80.50.50.7-4.4%
Others4.23.84.22.3-18.2%
Total33.229.835.536.12.8%

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

  1. Germany (2983.3 tons)
  2. Slovenia (1133.2 tons)
  3. Austria (645.7 tons)
  4. Turkey (548.8 tons)
  5. Italy (486.5 tons)
  6. Poland (427.7 tons)
  7. Hungary (353.3 tons)
  8. Spain (325.4 tons)
  9. Serbia (323.0 tons)
  10. North Macedonia (298.1 tons)
  11. Belgium (281.3 tons)
  12. Czech Republic (274.8 tons)
  13. Netherlands (174.4 tons)

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

In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa exported from Croatia totaled 3.4K tons, with an increase of 10% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa rose significantly to $15M in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina3.63.13.43.92.7%
Slovenia1.82.43.32.815.9%
Serbia3.12.32.62.5-6.9%
Montenegro1.00.60.91.00.0%
NetherlandsN/AN/A0.10.8700.0%
North Macedonia0.60.40.60.5-5.9%
KosovoN/A0.40.40.40.0%
United States0.30.30.30.410.1%
Germany0.40.40.50.40.0%
Poland0.1N/AN/A0.344.2%
Canada0.20.20.20.20.0%
Austria0.20.20.30.20.0%
Others0.90.81.01.415.9%
Total12.211.213.514.96.9%

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

  1. Bosnia and Herzegovina (901.4 tons)
  2. Slovenia (712.5 tons)
  3. Serbia (512.9 tons)
  4. Germany (208.4 tons)
  5. Montenegro (176.2 tons)
  6. Netherlands (124.2 tons)
  7. Kosovo (118.3 tons)
  8. Austria (107.3 tons)
  9. North Macedonia (99.0 tons)
  10. United States (94.3 tons)
  11. Poland (72.5 tons)
  12. Canada (64.5 tons)

Source: IndexBox Market Intelligence Platform

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