Austria: Market for Candies, Sweets, and Nonchocolate Confectionery 2024

Market Size for Candies, Sweets, and Nonchocolate Confectionery in Austria

In 2022, the Austrian market for candies, sweets, and nonchocolate confectionery decreased by -4.5% to $X, falling for the fifth year in a row after two years of growth. Over the period under review, consumption recorded a slight decrease. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Candies, Sweets, and Nonchocolate Confectionery in Austria

In value terms, candy, sweets, and nonchocolate confectionery production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Austria

In 2022, approx. X tons of candies, sweets, and nonchocolate confectionery were exported from Austria; growing by 18% against the previous year's figure. Overall, total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.4% against 2020 indices. The growth pace was the most rapid in 2015 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, candy, sweets, and nonchocolate confectionery exports rose slightly to $X in 2022. The total export value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 14%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Germany (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from Austria, accounting for a 36% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. Switzerland (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+6.5% per year) and Switzerland (+2.8% per year).

In value terms, Germany ($X) remains the key foreign market for candies, sweets, and nonchocolate confectionery exports from Austria, comprising 33% of total exports. The second position in the ranking was held by Switzerland ($X), with a 13% share of total exports. It was followed by Italy, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+2.9% per year) and Italy (+5.2% per year).

Export Prices by Country

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, reducing by -11.5% against the previous year. Overall, the export price saw a slight slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 11% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Poland ($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 Russia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Austria

In 2022, supplies from abroad of candies, sweets, and nonchocolate confectionery increased by 4.8% to X tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 6.6%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, candy, sweets, and nonchocolate confectionery imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 13%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest candy, sweets, and nonchocolate confectionery supplier to Austria, accounting for a 65% share of total imports. Moreover, candy, sweets, and nonchocolate confectionery imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), tenfold. The third position in this ranking was taken by Ireland (X tons), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.4% per year) and Ireland (+25.9% per year).

In value terms, Germany ($X) constituted the largest supplier of candies, sweets, and nonchocolate confectionery to Austria, comprising 64% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 4.8% share of total imports. It was followed by Belgium, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.9% per year) and Belgium (-0.1% per year).

Import Prices by Country

In 2022, the average import price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, shrinking by -2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 7% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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