Central Asia: Sugar Confectionery Paste Market 2020

Sugar Confectionery Paste Market Size in Central Asia

The revenue of the sugar confectionery paste market in Central Asia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The sugar confectionery paste consumption continues to indicate a noticeable reduction. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the sugar confectionery paste market reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Sugar Confectionery Paste Exports in Central Asia

In 2017, sugar confectionery paste exports in Central Asia stood at X tons, growing by X% against the previous year. The sugar confectionery paste exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2009, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, sugar confectionery paste exports stood at $X in 2017. The sugar confectionery paste exports continue to indicate a skyrocketing growth. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Sugar Confectionery Paste Exports by Country in Central Asia

The exports of the one major exporters of marzipan, fondant, nougat and almond pastes, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest growing in terms of the marzipan, fondant, nougat and almond pastes exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Kazakhstan decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest sugar confectionery paste supplier in Central Asia.

In Kazakhstan, sugar confectionery paste exports increased at an average annual rate of +X% over the period from 2007-2017.

Sugar Confectionery Paste Export Prices by Country in Central Asia

The sugar confectionery paste export price in Central Asia stood at $X per ton in 2017, increasing by X% against the previous year. The sugar confectionery paste export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. Over the period under review, the export prices for marzipan, fondant, nougat and almond pastes reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Kazakhstan.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Sugar Confectionery Paste Imports in Central Asia

In 2017, sugar confectionery paste imports in Central Asia stood at X tons, going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. In that year, the sugar confectionery paste imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, sugar confectionery paste imports stood at $X in 2017. The total imports indicated a remarkable expansion 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. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Sugar Confectionery Paste Imports by Country in Central Asia

Kazakhstan represented the key importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Kyrgyzstan (X tons), achieving X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. Kazakhstan (-X%) and Kyrgyzstan (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Kazakhstan, sugar confectionery paste imports increased at an average annual rate of +X% over the period from 2007-2017.

Sugar Confectionery Paste Import Prices by Country in Central Asia

In 2017, the sugar confectionery paste import price in Central Asia amounted to $X per ton, declining by -X% against the previous year. The import price indicated a slight growth from 2007 to 2017: its price 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 import price decreased by -X% against 2012 indices. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the import prices for marzipan, fondant, nougat and almond pastes reached its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton), while Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year).

Source: IndexBox Platform