United Kingdom: Market for Candies, Sweets, and Nonchocolate Confectionery 2024

Market Size for Candies, Sweets, and Nonchocolate Confectionery in the UK

The UK market for candies, sweets, and nonchocolate confectionery expanded modestly to $X in 2022, growing by 4.6% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Candy, sweets, and nonchocolate confectionery consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Candies, Sweets, and Nonchocolate Confectionery in the UK

In value terms, candy, sweets, and nonchocolate confectionery production declined slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 9.9% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from the UK

In 2022, shipments abroad of candies, sweets, and nonchocolate confectionery decreased by -1.9% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 13% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery exports dropped modestly to $X in 2022. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from the UK, with a 30% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Ireland exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Canada (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.0% per year) and Canada (+0.3% per year).

In value terms, Ireland ($X) remains the key foreign market for candies, sweets, and nonchocolate confectionery exports from the UK, comprising 24% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of total exports. It was followed by the Netherlands, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Ireland stood at -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.7% per year) and the Netherlands (+1.4% per year).

Export Prices by Country

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, waning by -1.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7.4%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into the UK

Candy, sweets, and nonchocolate confectionery imports into the UK rose notably to X tons in 2022, surging by 10% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, candy, sweets, and nonchocolate confectionery imports totaled $X in 2022. The total import value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Spain (X tons) and Belgium (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to the UK, together comprising 46% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +12.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest candy, sweets, and nonchocolate confectionery suppliers to the UK were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined 42% share of total imports. The Czech Republic, Spain, Turkey, China, Ireland, the United States, Poland, Italy and France lagged somewhat behind, together accounting for a further 48%.

In terms of the main suppliers, Turkey, with a CAGR of +10.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, which is down by -5.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($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 United States (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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