Nougat companies will increase the price of Christmas candies due to the rise in the prices of raw materials such as sugar and flour, as well as energy bills. An increase in demand is expected, however, to exceed three million kilos in 2021.
The nougat companies will increase their price by 10% due to the “complicated situation” facing the sector this year due to a rising cost of raw materials and on the energy bill.
This is the case with the nougat company Confectionary Holding, based in Xixona (Alicante), where, despite efforts to try to “not influence” all these cost increases in the final product, they ultimately had to influence them. about 10% in the price of nougat.
In this campaign, they have noticed a significant increase in the prices of raw materials, such as: sugar and flour, but also on the energy billsomething they perceive to a greater extent as they are at their “highest point of production” with all machines at full capacity.
The The demand for nougat has increased this year compared to 2021, more than the 3 million kilos recorded last Christmas. Still, they believe that despite experiencing “atypical” years due to the pandemic, “nugat is ultimately a product that must be present in homes,” they say.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
