Due to high demand among Ukrainians for confectionary, like chocolate, sweets, candies and related products, as well as increase in their personal incomes, the last 5 years Ukrainian confectionary market has been developing at 10% rate per annum. Last year confectioners produced 5% more than expected. Because domestic market is close to saturation, it is expected that this year production shall grow only by 4% and profits by 20%.
All experts mark a considerable development of Ukrainian confectionary market. One of main factors in this field is constant expansion of new product lines and production innovation. The future of confectionary market is strongly dependant on Ukrainian membership in the WTO, which is expected in 2008.
Today this market niche is completely filled (Ukrainian producers even feel slight domestic market saturation) and stakeholders can equally compete with foreign producers. So, we can predict future market development and expansion of Ukrainian producers not only to neighboring markets, like Russian or CIS, but even to markets of the EU and North America. Other coming actions shall be considerable product line extension (especially in premium and more expensive segment), substantial diversification and complete international rebranding.
Should you need any help on import of chocolate, sweets, candies, confectionary from Ukraine, feel free to contact us through our web site – www.kpl.net.ua Our professional managers are always ready to assist you in this matter. Because we perfectly know Ukrainian market, we can save you a great deal of time and money, help you to make right decision and prevent fraud.
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