India - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Candy, Sweets, and Nonchocolate Confectionery in India - 2023
Contents:
- Price for Candy, Sweets, and Nonchocolate Confectionery in India (FOB) - 2022
- Price for Candy, Sweets, and Nonchocolate Confectionery in India (CIF) - 2023
- Exports of Candy, Sweets, and Nonchocolate Confectionery in India
- Imports of Candy, Sweets, and Nonchocolate Confectionery in India
Price for Candy, Sweets, and Nonchocolate Confectionery in India (FOB) - 2022
In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $1,315 per ton, picking up by 5.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 9.7%. Over the period under review, the average export prices reached the peak figure at $1,444 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,949 per ton), while the average price for exports to Angola ($1,061 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 Senegal (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Candy, Sweets, and Nonchocolate Confectionery in India (CIF) - 2023
In July 2023, the average import price for candies, sweets, and nonchocolate confectionery amounted to $1,689 per ton, surging by 32% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The import price peaked at $1,837 per ton in October 2022; however, from November 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($4,322 per ton), while the price for China ($766 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Candy, Sweets, and Nonchocolate Confectionery in India
In 2022, the amount of candies, sweets, and nonchocolate confectionery exported from India rose slightly to 131K tons, growing by 4.3% on 2021 figures. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 48% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, candy, sweets, and nonchocolate confectionery exports expanded markedly to $172M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Candy, Sweets, and Nonchocolate Confectionery in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 7.1 | 5.1 | 7.9 | 16.5 | 32.5% |
| Benin | 6.9 | 1.9 | 7.3 | 13.4 | 24.8% |
| Somalia | 4.2 | 5.7 | 5.6 | 9.4 | 30.8% |
| Angola | 4.7 | 2.7 | 9.2 | 9.2 | 25.1% |
| Nigeria | 12.4 | 16.9 | 22.3 | 8.9 | -10.5% |
| Democratic Republic of the Congo | 2.5 | 3.1 | 5.4 | 8.5 | 50.4% |
| United Arab Emirates | 6.3 | 5.1 | 10.5 | 7.9 | 7.8% |
| Tanzania | 2.1 | 1.6 | 3.0 | 5.9 | 41.1% |
| Ghana | 3.5 | 2.9 | 4.4 | 4.9 | 11.9% |
| Senegal | 1.8 | 2.1 | 3.4 | 4.7 | 37.7% |
| Togo | 3.5 | 1.8 | 3.3 | 4.6 | 9.5% |
| Mozambique | 3.5 | 1.6 | 4.3 | 4.0 | 4.6% |
| Chad | 1.5 | 2.8 | 2.7 | 3.7 | 35.1% |
| Others | 55.9 | 53.1 | 67.3 | 70.4 | 8.0% |
| Total | 116 | 106 | 157 | 172 | 14.0% |
Top Export Markets for Candy, Sweets, and Nonchocolate Confectionery from India in 2022:
- Niger (15.3K tons)
- Benin (12.6K tons)
- Angola (8.7K tons)
- Somalia (8.2K tons)
- Democratic Republic of the Congo (7.8K tons)
- Nigeria (7.3K tons)
- Tanzania (5.1K tons)
- Ghana (4.4K tons)
- United Arab Emirates (4.0K tons)
- Togo (3.9K tons)
- Mozambique (3.8K tons)
- Senegal (3.7K tons)
- Chad (3.4K tons)
Imports of Candy, Sweets, and Nonchocolate Confectionery in India
In 2022, the amount of candies, sweets, and nonchocolate confectionery imported into India dropped rapidly to 18K tons, declining by -22.2% against the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, imports attained the peak of 23K tons, and then reduced markedly in the following year.
In value terms, candy, sweets, and nonchocolate confectionery imports shrank to $28M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports reached the peak of $28M, leveling off in the following year.
| Import of Candy, Sweets, and Nonchocolate Confectionery in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 4.6 | 7.1 | 10.0 | 6.2 | 10.5% |
| China | 5.0 | 2.0 | 3.5 | 5.2 | 1.3% |
| Malaysia | 2.2 | 1.6 | 1.8 | 2.8 | 8.4% |
| Turkey | 1.4 | 1.1 | 2.4 | 2.3 | 18.0% |
| Thailand | 1.3 | 0.5 | 1.0 | 1.8 | 11.5% |
| United Kingdom | 1.1 | 0.6 | 1.0 | 1.6 | 13.3% |
| Indonesia | 0.7 | 0.5 | 1.0 | 1.3 | 22.9% |
| United Arab Emirates | 1.8 | 1.2 | 2.9 | 0.8 | -23.7% |
| Others | 4.4 | 3.0 | 4.7 | 6.2 | 12.1% |
| Total | 22.5 | 17.7 | 28.3 | 28.1 | 7.7% |
Top Suppliers of Candy, Sweets, and Nonchocolate Confectionery to India in 2022:
- Bangladesh (5.7K tons)
- China (5.1K tons)
- Malaysia (2.1K tons)
- Turkey (1.1K tons)
- Thailand (0.8K tons)
- United Arab Emirates (0.6K tons)
- Indonesia (0.6K tons)
- United Kingdom (0.5K tons)
This report provides an in-depth analysis of the market for candy, sweets, and nonchocolate confectionery in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for candy and confectionery around the world, including the United States, United Kingdom, Germany, Canada, France, Netherlands, China, Belgium, Poland, and Sweden. With billions of dollars in imports, these countries showcase the universal love for indulgent treats. Stay informed about the latest trends and statistics in the dynamic confectionery industry with market intelligence platforms like IndexBox.
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