Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway - 2024
Contents:
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway (CIF) - 2024
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway (FOB) - 2024
- Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway
- Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway (CIF) - 2024
In December 2023, the average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $5,408 per ton, therefore, remained relatively stable against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 19% month-to-month. As a result, import price attained the peak level of $5,940 per ton. From August 2023 to December 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Germany ($5,779 per ton) and France ($5,506 per ton), while the price for Slovakia ($4,054 per ton) and Belgium ($4,540 per ton) were amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), 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 Norway (FOB) - 2024
The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $4,660 per ton in December 2023, waning by -7.8% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 43% m-o-m. As a result, the export price attained the peak level of $8,247 per ton. From July 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($11,877 per ton), while the average price for exports to Sweden ($4,292 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway
After three years of growth, purchases abroad of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa decreased by -2% to 27K tons in 2022. The total import volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of 28K tons, and then declined slightly in the following year.
In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa contracted to $119M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of $131M, and then contracted in the following year.
| Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 18.9 | 20.6 | 31.8 | 27.6 | 13.5% |
| Denmark | 15.8 | 18.6 | 21.2 | 19.6 | 7.4% |
| Netherlands | 7.0 | 8.3 | 11.5 | 10.3 | 13.7% |
| France | 5.5 | 5.9 | 9.0 | 8.6 | 16.1% |
| Germany | 3.7 | 5.1 | 6.9 | 7.0 | 23.7% |
| Belgium | 4.5 | 6.2 | 8.8 | 6.7 | 14.2% |
| United Kingdom | 4.8 | 4.9 | 6.0 | 5.7 | 5.9% |
| Slovakia | 4.5 | 4.4 | 5.7 | 5.0 | 3.6% |
| Spain | 2.7 | 3.2 | 4.7 | 4.5 | 18.6% |
| Poland | 3.1 | 3.2 | 4.4 | 4.4 | 12.4% |
| Finland | 2.5 | 2.6 | 3.3 | 3.6 | 12.9% |
| Czech Republic | 1.9 | 2.2 | 3.2 | 3.2 | 19.0% |
| Others | 8.8 | 11.0 | 14.4 | 12.5 | 12.4% |
| Total | 83.6 | 96.0 | 131 | 119 | 12.5% |
Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Norway in 2022:
- Sweden (7.1K tons)
- Denmark (4.3K tons)
- Netherlands (2.3K tons)
- France (2.1K tons)
- Belgium (2.0K tons)
- Slovakia (1.6K tons)
- Germany (1.5K tons)
- United Kingdom (1.2K tons)
- Finland (1.1K tons)
- Spain (1.1K tons)
- Poland (0.9K tons)
- Czech Republic (0.6K tons)
Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway
In 2022, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa from Norway soared to 988 tons, with an increase of 33% on 2021. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa surged to $5.2M in 2022. In general, exports, however, showed a slight shrinkage.
| Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,620 | 1,888 | 2,305 | 3,014 | 23.0% |
| Germany | 2,936 | 500 | 536 | 934 | -31.7% |
| Finland | 469 | 352 | 448 | 496 | 1.9% |
| Iceland | 75.4 | 185 | 250 | 267 | 52.4% |
| Denmark | 19.2 | 26.9 | 104 | 265 | 139.9% |
| Estonia | 122 | 74.7 | 146 | 93.1 | -8.6% |
| Others | 127 | 69.2 | 156 | 85.0 | -12.5% |
| Total | 5,368 | 3,096 | 3,945 | 5,153 | -1.4% |
Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Norway in 2022:
- Sweden (658.7 tons)
- Finland (140.6 tons)
- Germany (68.5 tons)
- Iceland (48.5 tons)
- Denmark (32.8 tons)
- Estonia (27.9 tons)
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