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

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

For the third consecutive year, the SADC market for candies, sweets, and nonchocolate confectionery recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Candies, Sweets, and Nonchocolate Confectionery in SADC

In value terms, candy, sweets, and nonchocolate confectionery production contracted modestly to $X in 2022 estimated in export price. The total output 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 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; afterwards, it flattened through to 2022.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports in SADC

In 2022, the amount of candies, sweets, and nonchocolate confectionery exported in SADC skyrocketed to X tons, with an increase of X% compared with the previous year's figure. Total exports indicated resilient growth from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, candy, sweets, and nonchocolate confectionery exports surged to $X in 2022. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Zambia (X tons) and South Africa (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Swaziland (X tons), achieving a X% share of total exports. Zimbabwe (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Zambia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest candy, sweets, and nonchocolate confectionery supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

In South Africa, candy, sweets, and nonchocolate confectionery exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zambia (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, shrinking by X% against the previous year. In general, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports in SADC

In 2022, the amount of candies, sweets, and nonchocolate confectionery imported in SADC fell significantly to X tons, declining by X% against the previous year. Over the period under review, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports reduced rapidly to $X in 2022. Overall, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) represented the major importer of candies, sweets, and nonchocolate confectionery, generating X% of total imports. It was distantly followed by Angola (X tons), Democratic Republic of the Congo (X tons), Tanzania (X tons), Botswana (X tons) and Namibia (X tons), together mixing up a X% share of total imports. The following importers - Mozambique (X tons) and Lesotho (X tons) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X%), Botswana (X%), Lesotho (X%), Democratic Republic of the Congo (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Namibia experienced a relatively flat trend pattern. By contrast, Angola (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Democratic Republic of the Congo (X p.p.), Tanzania (X p.p.), Botswana (X p.p.) and Mozambique (X p.p.) significantly strengthened its position in terms of the total imports, while Angola saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported candies, sweets, and nonchocolate confectionery in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Tanzania (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :