Australia: Confectionery Market 2022

Confectionery Market Size in Australia

After two years of decline, the australian confectionery market increased by X% to $X in 2021.The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period.Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Confectionery Production in Australia

In value terms, confectionery production rose to $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 when the production volume increased by X a result, production reached the peak level of $X. from 2019 to 2021, production growth failed to regain momentum.

Confectionery Exports

Exports from Australia

In 2021, after five years of growth, there was decline in overseas shipments of confectionery, when their volume decreased by -X% to X tons.The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.The most prominent rate of growth was recorded in 2018 with an increase of X exports peaked at X tons in 2020, and then shrank slightly in the following year.

In value terms, confectionery exports expanded notably to $X in 2021.The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years.As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New zealand (X tons) was the main destination for confectionery exports from Australia, accounting for a X% share of total exports. Moreover, confectionery exports to New Zealand exceeded the volume sent to the second major destination, Japan (X tons), fourfold. The third position in this ranking was held by Malaysia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Malaysia (+X% per year).

In value terms, New Zealand ($X) remains the key foreign market for confectionery exports from Australia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2021, the average confectionery export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Australia

In 2021, approx. X tons of confectionery were imported into australia; picking up by X% on the previous year.The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period.The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year.Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, confectionery imports expanded remarkably 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 relatively stable, with somewhat noticeable fluctuations being recorded in certain years.The growth pace was the most rapid in 2013 with an increase of X% against the previous year.Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X tons), China (X tons) and New Zealand (X tons) were the main suppliers of confectionery imports to Australia, with a combined X% share of total imports. These countries were followed by Germany, Malaysia, Indonesia, Italy, the United States, Switzerland, Belgium, the Netherlands, the UK and France, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Germany ($X) and China ($X) appeared to be the largest confectionery suppliers to Australia, together accounting for X% of total imports. New zealand, italy, indonesia, the united states, malaysia, belgium, switzerland, the uk, the netherlands and france lagged somewhat behind, together comprising a further X, with a cagr of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average confectionery import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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