China: Confectionery Market 2022

Confectionery Market Size in China

The chinese confectionery market rose modestly to $X in 2021, with an increase of 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).In general, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, consumption decreased by -X% against 2019 indices.Confectionery consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Confectionery Production in China

In value terms, confectionery production expanded slightly to $X in 2021 estimated in export price.In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, production decreased by -X% against 2019 indices.The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year.Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Confectionery Exports

Exports from China

In 2021, approx. X tons of confectionery were exported from china; growing by X% on the year before.The total export volume 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 most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year.The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, confectionery exports rose remarkably to $X in 2021.The total export 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 2014 with an increase of X the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The united states (X tons), the Philippines (X tons) and Indonesia (X tons) were the main destinations of confectionery exports from China, with a combined X% share of total exports. These countries were followed by Australia, Thailand, Mexico, South Korea, Canada, Malaysia, Russia, Hong Kong SAR, the UK and Japan, which together accounted for a further X 2012 to 2021, the biggest increases were in Mexico (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for confectionery exported from China were the United States ($X), the Philippines ($X) and Hong Kong SAR ($X), together accounting for X% of total exports. These countries were followed by Australia, Indonesia, South Korea, Thailand, Canada, the UK, Malaysia, Mexico, Russia and Japan, which together accounted for a further X, with a cagr of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average confectionery export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. from 2016 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Indonesia ($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 Philippines (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into China

In 2021, approx. X tons of confectionery were imported into china; shrinking by -X% compared with the year before.Overall, imports, however, continue to indicate a strong expansion.The pace of growth was the most pronounced in 2018 with an increase of X the period under review, imports reached the peak figure at X tons in 2020, and then dropped in the following year.

In value terms, confectionery imports fell to $X in 2021.Over the period under review, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, imports increased by +X% against 2016 indices.The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year.Over the period under review, imports reached the peak figure at $X in 2020, and then reduced in the following year.

Imports by Country

Malaysia (X tons), Russia (X tons) and Indonesia (X tons) were the main suppliers of confectionery imports to China, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery suppliers to China were Malaysia ($X), Indonesia ($X) and Italy ($X), together accounting for X% of total imports. Russia, belgium, the united states, japan, singapore, germany, australia, switzerland, thailand and france lagged somewhat behind, together comprising a further X the main suppliers, Russia, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average confectionery import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price, however, showed a perceptible downturn. The pace of growth was the most pronounced 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 remained at a somewhat lower figure.

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