In Ukraine, there is a steady rise in the production costs of confectionery products, which has already affected prices in this sector. Over the past six months, the average production cost of dry confectionery products, including cookies, crackers, wafers, gingerbread, and galettes, has increased by 10-12%. Producers warn that Ukrainians should prepare for further price hikes for these products in the spring of 2026.
This is reported by Finway
Factors Influencing Prices in the Confectionery Industry
The marketing director of the dry confectionery division at Alviva Group, Ivan Lutsiy, notes that this autumn, most companies were forced to raise prices by 5-10%. However, this increase did not fully cover the rising costs, so a new wave of price increases is expected in the spring of 2026. According to the expert, the reasons for the price hikes are a combination of factors: rising raw material prices, increased costs of components, higher energy resource prices, and a labor shortage.
“In Ukraine, there are preconditions for the price increase of confectionery products. This autumn, most manufacturers of dry confectionery were forced to raise prices by 5-10%. However, this increase did not fully cover the incurred costs. Therefore, the next stage of price growth is expected in the spring of 2026,” Lutsiy reported.
Temporary Price Reductions and Changes in Recipes
At the same time, Ivan Lutsiy emphasizes that in December, prices for sweets may come as a pleasant surprise for consumers due to an increase in promotions and discounts for the holiday season. He also notes that producers have been optimizing recipes since last year, switching to chocolate-free options or using substitutes due to the record rise in cocoa bean prices worldwide. This has influenced global trends in the confectionery industry, prompting many to rethink their approaches to sweet production.