Asia: Confectionery Market 2022

Confectionery Market Size in Asia

The asian confectionery market rose modestly to $X in 2021, surging by X% against the previous year. this figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Confectionery Production in Asia

In value terms, confectionery production totaled $X in 2021 estimated in export price.The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.The growth pace was the most rapid in 2018 with an increase of X% against the previous year.Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Confectionery Exports

Exports in Asia

In 2021, exports of confectionery in asia expanded remarkably to X tons, with an increase of X% against the year before.The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period.The pace of growth was the most pronounced in 2014 when exports increased by X volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, confectionery exports stood at $X in 2021.The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years.The most prominent rate of growth was recorded in 2014 with an increase of X level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, with a decrease of -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Confectionery Imports

Imports in Asia

In 2021, confectionery imports in asia amounted to X tons, surging by X% compared with the previous year.The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period.The pace of growth was the most pronounced in 2013 with an increase of X the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, confectionery imports rose modestly to $X in 2021.The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.The most prominent rate of growth was recorded in 2014 when imports increased by X the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the import price, however, showed a slight descent. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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