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

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

In 2022, after two years of growth, there was significant decline in the Norwegian market for candies, sweets, and nonchocolate confectionery, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Production of Candies, Sweets, and Nonchocolate Confectionery in Norway

In value terms, candy, sweets, and nonchocolate confectionery production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Candy, sweets, and nonchocolate confectionery production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Norway

Candy, sweets, and nonchocolate confectionery exports from Norway surged to X tons in 2022, picking up by X% against 2021 figures. In general, exports, however, recorded a noticeable curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, candy, sweets, and nonchocolate confectionery exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from Norway, with a X% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Sweden exceeded the volume sent to the second major destination, Finland (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Germany (X% per year).

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

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

Export Prices by Country

In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Estonia ($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 Iceland (X%), while the prices for the other major destinations experienced a decline.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Norway

In 2022, overseas purchases of candies, sweets, and nonchocolate confectionery decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then declined slightly in the following year.

In value terms, candy, sweets, and nonchocolate confectionery imports reduced to $X in 2022. The total import value 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 most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Sweden (X tons), Denmark (X tons) and the Netherlands (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to Norway, together accounting for X% of total imports. France, Belgium, Slovakia, Germany, the UK, Spain, Finland, Poland and the Czech Republic lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest candy, sweets, and nonchocolate confectionery suppliers to Norway were Sweden ($X), Denmark ($X) and the Netherlands ($X), together accounting for X% of total imports. France, Germany, Belgium, the UK, Poland, Slovakia, Spain, Finland and the Czech Republic lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average import price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, shrinking by X% against the previous year. In general, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Slovakia ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :