Australia - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights

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Price for Candy, Sweets, and Nonchocolate Confectionery in Australia - 2023

Contents:

  1. Price for Candy, Sweets, and Nonchocolate Confectionery in Australia (CIF) - 2023
  2. Price for Candy, Sweets, and Nonchocolate Confectionery in Australia (FOB) - 2022
  3. Imports of Candy, Sweets, and Nonchocolate Confectionery in Australia
  4. Exports of Candy, Sweets, and Nonchocolate Confectionery in Australia

Price for Candy, Sweets, and Nonchocolate Confectionery in Australia (CIF) - 2023

In August 2023, the average import price for candies, sweets, and nonchocolate confectionery amounted to $5,213 per ton, picking up by 9.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 12% month-to-month. As a result, import price reached the peak level of $5,671 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was India ($9,241 per ton), while the price for Bangladesh ($972 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Singapore (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Candy, Sweets, and Nonchocolate Confectionery in Australia (FOB) - 2022

In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $4,568 per ton, with a decrease of -4.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 29% against the previous year. The export price peaked at $4,955 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($6,191 per ton), while the average price for exports to Canada ($2,426 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Candy, Sweets, and Nonchocolate Confectionery in Australia

In 2022, imports of candies, sweets, and nonchocolate confectionery into Australia stood at 53K tons, surging by 2.2% on 2021 figures. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, candy, sweets, and nonchocolate confectionery imports expanded notably to $266M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Candy, Sweets, and Nonchocolate Confectionery in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China66.058.380.387.79.9%
United States12.911.318.619.815.4%
Germany14.416.014.719.510.6%
India5.97.37.414.434.6%
New Zealand28.225.525.514.1-20.6%
Spain6.06.711.511.323.5%
United Kingdom7.57.510.59.79.0%
Thailand8.45.97.98.91.9%
Vietnam3.23.05.68.236.8%
Singapore5.96.45.76.53.3%
Poland1.73.35.05.648.8%
Belgium3.92.75.54.76.4%
Czech Republic1.52.82.54.139.8%
Others36.631.239.851.612.1%
Total2021882412669.6%

Top Suppliers of Candy, Sweets, and Nonchocolate Confectionery to Australia in 2022:

  1. China (17.5K tons)
  2. Germany (4.7K tons)
  3. New Zealand (3.0K tons)
  4. United States (2.9K tons)
  5. Spain (2.9K tons)
  6. Singapore (1.8K tons)
  7. Thailand (1.8K tons)
  8. United Kingdom (1.7K tons)
  9. India (1.5K tons)
  10. Czech Republic (1.3K tons)
  11. Vietnam (1.3K tons)
  12. Poland (1.1K tons)
  13. Belgium (1.1K tons)

Exports of Candy, Sweets, and Nonchocolate Confectionery in Australia

After three years of growth, shipments abroad of candies, sweets, and nonchocolate confectionery decreased by -12.3% to 12K tons in 2022. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 14K tons, and then dropped in the following year.

In value terms, candy, sweets, and nonchocolate confectionery exports dropped rapidly to $55M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of $66M, and then contracted notably in the following year.

Export of Candy, Sweets, and Nonchocolate Confectionery in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand25.525.939.732.07.9%
United States6.58.89.09.714.3%
Singapore1.30.91.01.54.9%
China2.68.12.31.3-20.6%
Canada0.81.01.41.111.2%
Taiwan (Chinese)2.20.21.20.7-31.7%
United Kingdom1.51.31.10.5-30.7%
Others7.67.410.38.43.4%
Total48.053.666.055.24.8%

Top Export Markets for Candy, Sweets, and Nonchocolate Confectionery from Australia in 2022:

  1. New Zealand (7.5K tons)
  2. United States (2.3K tons)
  3. Canada (0.5K tons)
  4. Singapore (0.3K tons)
  5. Taiwan (Chinese) (0.2K tons)
  6. United Kingdom (0.1K tons)
  7. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for candy, sweets, and nonchocolate confectionery in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10822310 - Chewing gum
  • Prodcom 10822320 - Liquorice cakes, blocks, sticks and pastilles containing > .10 % by weight of sucrose, but not containing any other substances
  • Prodcom 10822330 - White chocolate
  • Prodcom 10822353 - Sugar confectionery pastes in immediate packings of a net content . 1 kg (including marzipan, fondant, nougat and almond pastes)
  • Prodcom 10822355 - Throat pastilles and cough drops consisting essentially of sugars and flavouring agents (excluding pastilles or drops with flavouring agents containing medicinal properties)
  • Prodcom 10822363 - Sugar-coated (panned) goods (including sugar almonds)
  • Prodcom 10822365 - Gums, fruit jellies and fruit pastes in the form of sugar confectionery (excluding chewing gum)
  • Prodcom 10822373 - Boiled sweets
  • Prodcom 10822375 - Toffees, caramels and similar sweets
  • Prodcom 10822383 - Compressed tablets of sugar confectionery (including cachous)
  • Prodcom 10822390 - Sugar confectionery, n.e.c.

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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