New Zealand: Market for Candies, Sweets, and Nonchocolate Confectionery 2024

Market Size for Candies, Sweets, and Nonchocolate Confectionery in New Zealand

In 2022, the New Zealand market for candies, sweets, and nonchocolate confectionery increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, the total consumption indicated a buoyant expansion 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 increased by X% against 2020 indices. Candy, sweets, and nonchocolate confectionery consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Candies, Sweets, and Nonchocolate Confectionery in New Zealand

In value terms, candy, sweets, and nonchocolate confectionery production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated strong 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, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from New Zealand

In 2022, overseas shipments of candies, sweets, and nonchocolate confectionery decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a perceptible downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery exports declined remarkably to $X in 2022. Overall, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Australia (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from New Zealand, with a X% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Australia exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

In value terms, Australia ($X) remains the key foreign market for candies, sweets, and nonchocolate confectionery exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

Export Prices by Country

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into New Zealand

In 2022, the amount of candies, sweets, and nonchocolate confectionery imported into New Zealand contracted slightly to X tons, dropping by X% against the year before. In general, imports showed a slight setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports dropped modestly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Australia (X tons) constituted the largest candy, sweets, and nonchocolate confectionery supplier to New Zealand, with a X% share of total imports. Moreover, candy, sweets, and nonchocolate confectionery imports from Australia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Thailand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Thailand (X% per year).

In value terms, Australia ($X), China ($X) and Thailand ($X) appeared to be the largest candy, sweets, and nonchocolate confectionery suppliers to New Zealand, together comprising X% of total imports. Germany, the United States, the UK, Spain, Belgium and Brazil lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Belgium, 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

In 2022, the average import price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, 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 Platform

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