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The Netherlands’s Chocolate and Confectionery Price Reduces Slightly to $4,465 per Ton

The Netherlands’s Chocolate and Confectionery Price Reduces Slightly to $4,465 per Ton

Netherlands Chocolate And Confectionery Export Price in February 2023

In February 2023, the chocolate and confectionery price amounted to $4,465 per ton (FOB, Netherlands), almost unchanged from the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 5.8% m-o-m. As a result, the export price attained the peak level of $4,506 per ton, leveling off in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($5,438 per ton), while the average price for exports to Russia ($3,503 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.



Netherlands Chocolate And Confectionery Exports

Chocolate and confectionery exports from the Netherlands dropped to 102K tons in February 2023, falling by -3.5% against the previous month’s figure. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 with an increase of 16% against the previous month.

In value terms, chocolate and confectionery exports declined to $458M (IndexBox estimates) in February 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 with an increase of 17% against the previous month.

Netherlands Chocolate And Confectionery Exports by Country

Germany (20K tons), Belgium (12K tons) and France (11K tons) were the main destinations of chocolate and confectionery exports from the Netherlands, together accounting for 43% of total exports. These countries were followed by the UK, the United States, Italy, Spain, Poland, Turkey, Ukraine, Saudi Arabia, Russia and Switzerland, which together accounted for a further 32%.

From February 2022 to February 2023, the biggest increases were in Spain (with a CAGR of +5.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chocolate and confectionery exported from the Netherlands were Germany ($91M), Belgium ($58M) and France ($47M), with a combined 43% share of total exports. These countries were followed by the UK, the United States, Italy, Poland, Spain, Turkey, Saudi Arabia, Switzerland, Ukraine and Russia, which together accounted for a further 31%.

Saudi Arabia, with a CAGR of +4.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform  

The post The Netherlands’s Chocolate and Confectionery Price Reduces Slightly to $4,465 per Ton appeared first on Global Trade Magazine.

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