Australia and Oceania: Sugar Confectionery Paste Market 2020

Sugar Confectionery Paste Market Size in Australia and Oceania

The revenue of the sugar confectionery paste market in Australia and Oceania amounted to $X in 2017, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The sugar confectionery paste consumption continues to indicate a tangible growth. The pace of growth was the most pronounced in 2011, when market value increased by X% against the previous year. Over the period under review, the sugar confectionery paste market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Sugar Confectionery Paste Exports in Australia and Oceania

In 2017, approx. X tons of marzipan, fondant, nougat and almond pastes were exported in Australia and Oceania; rising by X% against the previous year. The sugar confectionery paste exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the sugar confectionery paste exports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, sugar confectionery paste exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the sugar confectionery paste exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Sugar Confectionery Paste Exports by Country in Australia and Oceania

New Zealand (X tons) and Australia (X tons) represented roughly X% of total exports of marzipan, fondant, nougat and almond pastes in 2017.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by New Zealand (+X% per year).

In value terms, New Zealand ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

New Zealand (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade.

Sugar Confectionery Paste Export Prices by Country in Australia and Oceania

The sugar confectionery paste export price in Australia and Oceania stood at $X per ton in 2017, going up by X% against the previous year. The sugar confectionery paste export price continues to indicate a mild growth. The pace of growth appeared the most rapid in 2011, when the export prices increased by X% against the previous year. Over the period under review, the export prices for marzipan, fondant, nougat and almond pastes reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per ton) and Australia ($X per ton), while Australia ($X per ton) and New Zealand ($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 New Zealand (+X% per year).

Sugar Confectionery Paste Imports in Australia and Oceania

In 2017, imports of marzipan, fondant, nougat and almond pastes in Australia and Oceania amounted to X tons, dropping by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. Over the period under review, the sugar confectionery paste imports reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, sugar confectionery paste imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the sugar confectionery paste imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Sugar Confectionery Paste Imports by Country in Australia and Oceania

Australia represented the major importer of marzipan, fondant, nougat and almond pastes in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2017. It was distantly followed by New Zealand (X tons), generating X% share of total imports. Papua New Guinea (X tons) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to sugar confectionery paste imports into Australia stood at +X%. At the same time, Papua New Guinea (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of New Zealand and Australia decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported marzipan, fondant, nougat and almond pastes in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Australia totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Sugar Confectionery Paste Import Prices by Country in Australia and Oceania

In 2017, the sugar confectionery paste import price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the import prices for marzipan, fondant, nougat and almond pastes attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per ton), while Papua New Guinea ($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 New Zealand (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform