South-Eastern Asia: Sugar Confectionery Paste Market 2020

Sugar Confectionery Paste Market Size in South-Eastern Asia

The revenue of the sugar confectionery paste market in South-Eastern Asia amounted to $X in 2017, picking up by X% against the previous year. The sugar confectionery paste consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2016, when market value increased by X% year-to-year. Over the period under review, the sugar confectionery paste market attained its maximum level in 2017, and is expected to retain its growth in the near future.

Sugar Confectionery Paste Production in South-Eastern Asia

In 2017, sugar confectionery paste production in South-Eastern Asia amounted to X tons, falling by -X% against the previous year. The sugar confectionery paste production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% year-to-year. In that year, the sugar confectionery paste production reached their peak volume of X tons. From 2012 to 2017, growth of the sugar confectionery paste production failed to regain its momentum.

Sugar Confectionery Paste Exports in South-Eastern Asia

In 2017, exports of marzipan, fondant, nougat and almond pastes in South-Eastern Asia amounted to X tons, declining by -X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, sugar confectionery paste exports totaled $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sugar confectionery paste exports increased by +X% against 2015 indices. Over the period under review, the sugar confectionery paste exports attained its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Sugar Confectionery Paste Exports by Country in South-Eastern Asia

In 2017, Thailand (X tons), Indonesia (X tons) and Malaysia (X tons) were the major exporters of marzipan, fondant, nougat and almond pastes in South-Eastern Asia, mixed up X% of total export. Vietnam (X tons) ranks second in terms of the global exports with a X% share, followed by Singapore (X%) and the Philippines (X%).

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports.

Malaysia (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Sugar Confectionery Paste Export Prices by Country in South-Eastern Asia

In 2017, the sugar confectionery paste export price in South-Eastern Asia amounted to $X per ton, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% year-to-year. The level of export price peaked in 2017, and is expected to retain its growth in the near future.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Thailand ($X per ton) and Vietnam ($X per ton), while the Philippines ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar Confectionery Paste Imports in South-Eastern Asia

In 2017, sugar confectionery paste imports in South-Eastern Asia amounted to X tons, leveling off at the previous year. The sugar confectionery paste imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. Over the period under review, the sugar confectionery paste imports reached its maximum volume of X tons in 2016, and then declined slightly in the following year.

In value terms, sugar confectionery paste imports stood at $X in 2017. The sugar confectionery paste imports continue to indicate a remarkable increase. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Sugar Confectionery Paste Imports by Country in South-Eastern Asia

In 2017, the Philippines (X tons), distantly followed by Indonesia (X tons), Malaysia (X tons), Thailand (X tons), Singapore (X tons), Vietnam (X tons) and Myanmar (X tons) were the main importers of marzipan, fondant, nougat and almond pastes, together mixed up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sugar confectionery paste markets worldwide were the Philippines ($X), Singapore ($X) and Thailand ($X), together comprising X% of total imports. Malaysia, Indonesia, Vietnam and Myanmar lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Vietnam (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Sugar Confectionery Paste Import Prices by Country in South-Eastern Asia

The sugar confectionery paste import price in South-Eastern Asia stood at $X per ton in 2017, growing by X% against the previous year. The sugar confectionery paste import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. Over the period under review, the import prices for marzipan, fondant, nougat and almond pastes reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform