The all-important market for caramels in Russia continues to be
encroached upon by cheaper imports from Ukraine helped by good
sugar supplies, according to findings from a recent market report.
After several years of gains, growth in the Russian confectionery
market looks set to slow over the next six years or so, with only
premium chocolate products likely to bring big returns.
The future of one of Russia's leading confectionery companies,
Sladko Holding, is increasingly uncertain, and consultancy firm
Market Advice suggests that its imminent demise could mark the next
step in the overhaul of Russia's...
Confectionery producers in Ukraine are confident that they will be
able to increase output by 10 per cent this year, mainly as a
result of a recovery in exports to Russia.
Nestlé is the most popular chocolate producer in Russia, but other
international companies still play second fiddle to the numerous
local (or even regional) producers there. But the market is set to
grow over the next five years,...
