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

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

In 2022, the Benelux market for candies, sweets, and nonchocolate confectionery decreased by -15.9% to $X, falling for the third year in a row after three years of growth. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Candies, Sweets, and Nonchocolate Confectionery in Benelux

In value terms, candy, sweets, and nonchocolate confectionery production declined slightly to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +83.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, production attained the peak level of $X, and then dropped slightly in the following year.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports in Benelux

In 2022, overseas shipments of candies, sweets, and nonchocolate confectionery decreased by -12.6% to X tons for the first time since 2017, thus ending a four-year rising trend. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, candy, sweets, and nonchocolate confectionery exports reduced sharply to $X in 2022. The total export value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

In 2022, Belgium (X tons) and the Netherlands (X tons) represented the largest exporter of candies, sweets, and nonchocolate confectionery in Benelux, achieving 99.9% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +2.7%).

In value terms, the largest candy, sweets, and nonchocolate confectionery supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of +2.4%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, dropping by -6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 7.7%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.2%).

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports in Benelux

In 2022, approx. X tons of candies, sweets, and nonchocolate confectionery were imported in Benelux; waning by -14.2% against 2021. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 18% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports shrank to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 18%. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

The Netherlands was the key importer of candies, sweets, and nonchocolate confectionery in Benelux, with the volume of imports amounting to X tons, which was near 64% of total imports in 2022. It was distantly followed by Belgium (X tons), creating a 34% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +3.1%).

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of +4.7%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, increasing by 4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2020 when the import price increased by 18% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.5%).

Source: IndexBox Platform