MERCOSUR: Confectionery Market 2024

Confectionery Market Size in MERCOSUR

The MERCOSUR confectionery market reduced to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Confectionery Production in MERCOSUR

In value terms, confectionery production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Confectionery Exports

Exports in MERCOSUR

In 2022, confectionery exports in MERCOSUR rose markedly to X tons, surging by X% against the year before. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, confectionery exports skyrocketed to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2012; afterwards, it flattened through to 2022.

Exports by Country

Brazil (X tons) and Colombia (X tons) prevails in exports structure, together generating X% of total exports. It was distantly followed by Ecuador (X tons), Peru (X tons) and Argentina (X tons), together constituting a X% share of total exports. The following exporters - Chile (X tons) and Uruguay (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and Ecuador ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Peru, Argentina, Chile and Uruguay lagged somewhat behind, together comprising a further X%.

Peru, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced mixed trends in the export price figures.

Confectionery Imports

Imports in MERCOSUR

In 2022, overseas purchases of confectionery increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, confectionery imports stood at $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Chile (X tons), Brazil (X tons), Argentina (X tons), Peru (X tons), Venezuela (X tons), Colombia (X tons), Ecuador (X tons), Uruguay (X tons) and Paraguay (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Argentina ($X), together comprising X% of total imports.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded 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 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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