China - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights

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Candy, Sweets, and Nonchocolate Confectionery Prices in China

China Candy, Sweets, and Nonchocolate Confectionery Export Price in September 2022

In September 2022, the candy, sweets, and nonchocolate confectionery price stood at $3,333 per ton (FOB, China), picking up by 1.5% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 4.5% month-to-month. As a result, the export price attained the peak level of $3,422 per ton. From August 2022 to September 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was the UK ($4,701 per ton), while the average price for exports to Mexico ($2,365 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

China Candy, Sweets, and Nonchocolate Confectionery Exports

In September 2022, the amount of candies, sweets, and nonchocolate confectionery exported from China reduced to 37K tons, with a decrease of -11.6% on August 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 45% month-to-month. The exports peaked at 42K tons in August 2022, and then reduced in the following month.

In value terms, candy, sweets, and nonchocolate confectionery exports declined to $123M (IndexBox estimates) in September 2022. Over the period under review, exports, however, showed a slight increase. The most prominent rate of growth was recorded in March 2022 with an increase of 46% m-o-m. The exports peaked at 137K tons in August 2022, and then fell in the following month.

China Candy, Sweets, and Nonchocolate Confectionery Exports by Country

The United States (4.5K tons), Indonesia (4.4K tons) and the Philippines (3.2K tons) were the main destinations of candy, sweets, and nonchocolate confectionery exports from China, together comprising 33% of total exports. These countries were followed by Russia, Australia, Malaysia, Thailand, Canada, Vietnam, South Korea, the UK, Mexico and Iraq, which together accounted for a further 36%.

From January 2022 to September 2022, the biggest increases were in Russia (with a CAGR of +13.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($21M), Indonesia ($11M) and the Philippines ($9.5M) constituted the largest markets for candy, sweets, and nonchocolate confectionery exported from China worldwide, with a combined 34% share of total exports. Australia, Russia, Malaysia, Thailand, South Korea, Canada, the UK, Vietnam, Iraq and Mexico lagged somewhat behind, together accounting for a further 36%.

In terms of the main countries of destination, Russia, with a CAGR of +12.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for candy, sweets, and nonchocolate confectionery in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10822310 - Chewing gum
  • Prodcom 10822320 - Liquorice cakes, blocks, sticks and pastilles containing > .10 % by weight of sucrose, but not containing any other substances
  • Prodcom 10822330 - White chocolate
  • Prodcom 10822353 - Sugar confectionery pastes in immediate packings of a net content . 1 kg (including marzipan, fondant, nougat and almond pastes)
  • Prodcom 10822355 - Throat pastilles and cough drops consisting essentially of sugars and flavouring agents (excluding pastilles or drops with flavouring agents containing medicinal properties)
  • Prodcom 10822363 - Sugar-coated (panned) goods (including sugar almonds)
  • Prodcom 10822365 - Gums, fruit jellies and fruit pastes in the form of sugar confectionery (excluding chewing gum)
  • Prodcom 10822373 - Boiled sweets
  • Prodcom 10822375 - Toffees, caramels and similar sweets
  • Prodcom 10822383 - Compressed tablets of sugar confectionery (including cachous)
  • Prodcom 10822390 - Sugar confectionery, n.e.c.

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Candy, Sweets, and Nonchocolate Confectionery - China