Market evolution and consumer trends in poland's confectionery industry

Venger, V. and Ramskyi, Andrii and Romanovska, N. and Sheiko, O. (2024) Market evolution and consumer trends in poland's confectionery industry Acta Academiae Beregsasiensis. Economics (7). pp. 275-287. ISSN 2786-6734

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Abstract

The Polish confectionery market is considered to be one of the most developed and dynamic markets in the world. But in recent years, the Polish food industry has faced a sharp increase in production and marketing costs, disruptions in the supply chains ofraw materials, consumables and packaging, as well as the loss of traditional sales markets due to the war in Ukraine. The study of the peculiarities of the Polish confectionery market made it possible to assess the main indicators of the Polish market of confectionery goods of all categories, as well as its volume and trends.The article analyzes the situation on the Polish confectionery market, including production, export, import, consumption, geographic location of the market, levels of competition and development of the market's production and transport infrastructure. It was concluded that during 2022 there was a 12% increase in the volume of production of confectionery goods of all categories. At the same time the manufacture of Polish flour confectionery products increased by 19.3%. The growth rates of production of cocoa–rich and sugar sweets were 3.8% and 6.8%, respectively. About 50–70% of manufactured products are exported by Polish manufacturers. It is necessary to mention that during 2022 a record number of products were exported from Poland, exceeding the similar figures of the previous year by 13.8%.Meanwhile, despite the presence of developed domestic production of confectionery goods in Poland, the volume of imported supplies traditionally remains high and increased by 7.8% in 2022. At the same time, the level of competition in the Polish domestic market for flour, cocoa–rich/chocolate and sugar confectionery products is estimated as high. The level of the market's production and transport infrastructure is rated as developed.

Item Type: Article
Uncontrolled Keywords: confectionery market; market conditions; development; status; infrastructure; consumption; exports; imports.
Subjects: Статті у базах даних > Index Copernicus
Статті у періодичних виданнях > Фахові (входять до переліку фахових, затверджений МОН)
Divisions: Факультет економіки та управління > Кафедра фінансів
Depositing User: професор Андрій Юрійович Рамський
Date Deposited: 27 Nov 2024 10:56
Last Modified: 27 Nov 2024 10:56
URI: https://elibrary.kubg.edu.ua/id/eprint/50391

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