Egypt: Market for Candies, Sweets, and Nonchocolate Confectionery 2024

Market Size for Candies, Sweets, and Nonchocolate Confectionery in Egypt

In 2022, the Egyptian market for candies, sweets, and nonchocolate confectionery decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Candies, Sweets, and Nonchocolate Confectionery in Egypt

In value terms, candy, sweets, and nonchocolate confectionery production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Candy, sweets, and nonchocolate confectionery production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Egypt

In 2022, approx. X tons of candies, sweets, and nonchocolate confectionery were exported from Egypt; picking up by X% against the year before. In general, exports, however, showed a slight setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, candy, sweets, and nonchocolate confectionery exports surged to $X in 2022. Overall, exports showed a perceptible expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from Egypt, accounting for a X% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Sudan exceeded the volume sent to the second major destination, Yemen (X tons), twofold. Morocco (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and Morocco (X% per year).

In value terms, Sudan ($X) remains the key foreign market for candies, sweets, and nonchocolate confectionery exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Yemen ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sudan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, showed a noticeable expansion. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Morocco ($X per ton) and Sudan ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) and Yemen ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Egypt

Candy, sweets, and nonchocolate confectionery imports into Egypt dropped to X tons in 2022, reducing by X% on the previous year. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports dropped to $X in 2022. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of candy, sweets, and nonchocolate confectionery to Egypt, with a X% share of total imports. Moreover, candy, sweets, and nonchocolate confectionery imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Poland (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of candies, sweets, and nonchocolate confectionery to Egypt, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Poland (X% per year).

Import Prices by Country

The average import price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($X per ton) and Turkey ($X per ton), while the price for China ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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