Report Update: Nov 1, 2024

China - Confectionery - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Confectionery Prices in China

China Confectionery Export Price in September 2022

In September 2022, the confectionery price amounted to $3,833 per ton (FOB, China), with an increase of 5.2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average export price increased by 5.6% month-to-month. Over the period under review, the average export prices hit record highs in September 2022.

There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was South Korea ($6,090 per ton), while the average price for exports to Indonesia ($2,525 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 (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

China Confectionery Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was chocolate and confectionery ($5,953 per ton), while the average price for exports of candies, sweets, and nonchocolate confectionery amounted to $3,333 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: chocolate and confectionery (+1.3%).

China Confectionery Exports

Confectionery exports from China fell to 45K tons in September 2022, declining by -8.4% on the month before. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 42% month-to-month. Over the period under review, the exports reached the maximum at 50K tons in August 2022, and then fell in the following month.

In value terms, confectionery exports reduced modestly to $174M (IndexBox estimates) in September 2022. In general, total exports indicated a slight expansion from January 2022 to September 2022: its value increased at an average monthly rate of +1.4% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports increased by +128.5% against February 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 44% against the previous month. Over the period under review, the exports attained the peak figure at 181K tons in August 2022, and then dropped modestly in the following month.

China Confectionery Exports by Type

Candies, sweets, and nonchocolate confectionery (37K tons) was the largest type of confectionery exported from China, accounting for a 81% share of total exports. Moreover, candies, sweets, and nonchocolate confectionery exceeded the volume of the second product type, chocolate and confectionery (8.7K tons), fourfold.

From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of candies, sweets, and nonchocolate confectionery was relatively modest.

In value terms, candies, sweets, and nonchocolate confectionery ($123M) remains the largest type of confectionery exported from China, comprising 70% of total exports. The second position in the ranking was taken by chocolate and confectionery ($52M), with a 30% share of total exports.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of candies, sweets, and nonchocolate confectionery was relatively modest.

China Confectionery Exports by Country

Indonesia (4.9K tons), the United States (4.9K tons) and the Philippines (3.8K tons) were the main destinations of confectionery exports from China, with a combined 30% share of total exports. Russia, Australia, Canada, Thailand, South Korea, Malaysia, Vietnam, Mexico, the UK and the Netherlands lagged somewhat behind, together accounting for a further 37%.

From January 2022 to September 2022, the biggest increases were in Russia (with a CAGR of +12.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($24M), Indonesia ($12M) and the Philippines ($12M) constituted the largest markets for confectionery exported from China worldwide, with a combined 28% share of total exports. South Korea, Canada, Australia, Thailand, Russia, Malaysia, Mexico, the UK, Vietnam and the Netherlands lagged somewhat behind, together accounting for a further 42%.

Canada, with a CAGR of +12.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 confectionery market 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 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)
Prodcom 10821200 - Cocoa butter, fat and oil
Prodcom 10821300 - Cocoa powder, not containing added sugar or other sweetening matter
Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter
Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
Prodcom 10822150 - Chocolate milk crumb containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg
Prodcom 10822170 - Chocolate flavour coating containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg
Prodcom 10822190 - Food preparations containing <18 % of cocoa butter and in packings weighing > 2 kg (excluding chocolate flavour coating, chocolate milk crumb)
Prodcom 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)
Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
Prodcom 10822239 - Chocolate blocks, slabs or bars (excluding filled, with added cereal, fruit or nuts, chocolate biscuits)
Prodcom 10822243 - Chocolates (including pralines) containing alcohol (excluding in blocks, slabs or bars)
Prodcom 10822245 - Chocolates (excluding those containing alcohol, in blocks, s labs or bars)
Prodcom 10822253 - Filled chocolate confectionery (excluding in blocks, slabs or bars, chocolate biscuits, chocolates)
Prodcom 10822255 - Chocolate confectionery (excluding filled, in blocks, slabs or bars, chocolate biscuits, chocolates)
Prodcom 10822260 - Sugar confectionery and substitutes therefor made from sugar substitution products, containing cocoa (including chocolate nougat) (excluding white chocolate)
Prodcom 10822270 - Chocolate spreads
Prodcom 10822280 - Preparations containing cocoa for making beverages
Prodcom 10822290 - Food products with cocoa (excluding cocoa paste, butter, p owder, blocks, slabs, bars, liquid, paste, powder, granular, o ther bulk form in packings > 2 kg, to make beverages, c hocolate spreads)
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:

China

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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