Overview of the Global Market for Candies, Sweets, and Nonchocolate Confectionery

Market Size for Candies, Sweets, and Nonchocolate Confectionery

The global market for candies, sweets, and nonchocolate confectionery shrank to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the market value increased by X%. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Candies, Sweets, and Nonchocolate Confectionery

In value terms, candy, sweets, and nonchocolate confectionery production fell to $X in 2022 estimated in export price. In general, the total production indicated a mild 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports

Global candy, sweets, and nonchocolate confectionery exports rose remarkably to X tons in 2022, with an increase of X% compared with 2021 figures. The total export 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 most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, candy, sweets, and nonchocolate confectionery exports stood at $X in 2022. The total export 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 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The biggest shipments were from Germany (X tons), China (X tons), Mexico (X tons), Turkey (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons), the United States (X tons), Canada (X tons), India (X tons), Poland (X tons) and Brazil (X tons), together finishing at X% of total export. Colombia (X tons) followed a long way behind the leaders.

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

In value terms, Germany ($X), China ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of global exports. Spain, Turkey, Belgium, the Netherlands, the United States, Canada, Poland, Colombia, Brazil and India lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average 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 Poland ($X per ton), while India ($X per ton) was amongst the lowest.

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

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports

In 2022, global imports of candies, sweets, and nonchocolate confectionery stood at X tons, surging by X% against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, candy, sweets, and nonchocolate confectionery imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, global imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) represented the key importer of candies, sweets, and nonchocolate confectionery, achieving X% of total imports. It was distantly followed by the UK (X tons) and Germany (X tons), together creating a X% share of total imports. Canada (X tons), France (X tons), the Netherlands (X tons), Russia (X tons), Sweden (X tons), Poland (X tons), Belgium (X tons) and the Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to candy, sweets, and nonchocolate confectionery imports into the United States stood at X%. At the same time, the Philippines (X%), Poland (X%), the UK (X%), France (X%), Canada (X%), the Netherlands (X%), Sweden (X%), Germany (X%), Russia (X%) and Belgium (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the United States increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported candies, sweets, and nonchocolate confectionery worldwide, comprising X% of global imports. The second position in the ranking was taken by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the United States, candy, sweets, and nonchocolate confectionery imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. Global import price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Philippines ($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 Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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