Ukraine: Confectionery Market 2024

Confectionery Market Size in Ukraine

In 2022, after six years of growth, there was significant decline in the Ukrainian confectionery market, when its value decreased by X% to $X. In general, consumption enjoyed a resilient increase. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Confectionery Production in Ukraine

In value terms, confectionery production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. Confectionery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Confectionery Exports

Exports from Ukraine

In 2022, overseas shipments of confectionery decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, confectionery exports dropped dramatically to $X in 2022. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons), Poland (X tons) and Kazakhstan (X tons) were the main destinations of confectionery exports from Ukraine, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for confectionery exported from Ukraine were Romania ($X), Poland ($X) and Kazakhstan ($X), with a combined X% share of total exports.

Among the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average confectionery export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bulgaria ($X per ton) and Kazakhstan ($X per ton), while the average price for exports to Yemen ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Ukraine

After six years of growth, supplies from abroad of confectionery decreased by X% to X tons in 2022. Over the period under review, imports recorded a perceptible decline. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery imports plummeted to $X in 2022. In general, imports saw a perceptible descent. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Cote d'Ivoire (X tons) and Germany (X tons) were the main suppliers of confectionery imports to Ukraine, with a combined X% share of total imports. The Netherlands, Turkey, Austria, Bulgaria, the Czech Republic, Indonesia, China, Ghana, Singapore and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery suppliers to Ukraine were Poland ($X), Cote d'Ivoire ($X) and Germany ($X), together comprising X% of total imports. The Netherlands, Turkey, Austria, Indonesia, the Czech Republic, Bulgaria, Belgium, Singapore, China and Ghana lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average confectionery import price amounted to $X per ton, declining by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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