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Hungary - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Overview of the Market for Candies, Sweets, and Nonchocolate Confectionery 2020

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

In 2019, the Hungarian market for candies, sweets, and nonchocolate confectionery increased by X% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. Candy, sweets, and nonchocolate confectionery consumption peaked in 2019 and is expected to retain growth in the near future.

Production of Candies, Sweets, and Nonchocolate Confectionery in Hungary

In value terms, candy, sweets, and nonchocolate confectionery production amounted to $X in 2019 estimated in export prices. Overall, the total output indicated a noticeable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Candy, sweets, and nonchocolate confectionery production peaked in 2019 and is expected to retain growth in years to come.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Hungary

In 2019, shipments abroad of candies, sweets, and nonchocolate confectionery decreased by -X% to X tonnes, falling for the third year in a row after four years of growth. Overall, total exports indicated a notable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery exports contracted to $X in 2019. In general, total exports indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Russia (X tonnes), France (X tonnes) and Poland (X tonnes) were the main destinations of candy, sweets, and nonchocolate confectionery exports from Hungary, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for candy, sweets, and nonchocolate confectionery exported from Hungary were Russia ($X), France ($X) and Germany ($X), with a combined X% share of total exports. These countries were followed by Poland, the UK, the Czech Republic, the Netherlands, Belgium, Austria, Japan, Spain and Slovakia, which together accounted for a further X the main countries of destination, the UK saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per tonne in 2019, waning by -X% against the previous year. In general, export price indicated perceptible growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, candy, sweets, and nonchocolate confectionery export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Austria ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Hungary

In 2019, supplies from abroad of candies, sweets, and nonchocolate confectionery decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a pronounced expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked at X tonnes in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports reached $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2018 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Poland (X tonnes), Germany (X tonnes) and Belgium (X tonnes) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to Hungary, together comprising X% of total imports. These countries were followed by Spain, the Netherlands, Turkey, Slovakia, Ukraine, Austria, the Czech Republic and Italy, which together accounted for a further X 2007 to 2019, the biggest increases were in Ukraine, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Spain ($X) appeared to be the largest candy, sweets, and nonchocolate confectionery suppliers to Hungary, together comprising X% of total imports. These countries were followed by the Netherlands, Belgium, Slovakia, Turkey, Austria, the Czech Republic, Ukraine and Italy, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, among 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 2019, the average import price for candies, sweets, and nonchocolate confectionery amounted to $X per tonne, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ukraine, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for candies, sweets, and nonchocolate confectionery in the world?
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The countries with the highest volumes of candy, sweets, and nonchocolate confectionery consumption in 2019 were the U.S. (4M tonnes), China (3.6M tonnes) and Indonesia (551K tonnes), with a combined 38% share of global consumption.
What are the largest producers of candies, sweets, and nonchocolate confectionery in the world?
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The countries with the highest volumes of candy, sweets, and nonchocolate confectionery production in 2019 were China (3.9M tonnes), the U.S. (3.5M tonnes) and Mexico (770K tonnes), together comprising 38% of global production. Germany, Indonesia, Russia, Pakistan, Brazil, India, Bangladesh, Nigeria and Turkey lagged somewhat behind, together accounting for a further 21%.
What are the leading suppliers of candies, sweets, and nonchocolate confectionery to Hungary?
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In value terms, Germany ($17M), Poland ($17M) and Spain ($3.2M) appeared to be the largest candy, sweets, and nonchocolate confectionery suppliers to Hungary, together comprising 67% of total imports. These countries were followed by the Netherlands, Belgium, Slovakia, Turkey, Austria, the Czech Republic, Ukraine and Italy, which together accounted for a further 28%.
What are the leading importers of candies, sweets, and nonchocolate confectionery from Hungary?
+
In value terms, Russia ($11M), France ($8.6M) and Germany ($8.2M) were the largest markets for candy, sweets, and nonchocolate confectionery exported from Hungary worldwide, with a combined 31% share of total exports. These countries were followed by Poland, the UK, the Czech Republic, the Netherlands, Belgium, Austria, Japan, Spain and Slovakia, which together accounted for a further 51%.
What is the average export price for candies, sweets, and nonchocolate confectionery in Hungary?
+
The average export price for candies, sweets, and nonchocolate confectionery stood at $3,231 per tonne in 2019, which is down by -2.9% against the previous year.
What is the average import price for candies, sweets, and nonchocolate confectionery in Hungary?
+
In 2019, the average import price for candies, sweets, and nonchocolate confectionery amounted to $3,702 per tonne, with an increase of 1.8% against the previous year.

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.

This report provides an in-depth analysis of the market for candy, sweets, and nonchocolate confectionery in Hungary. 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 2025.


Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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