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

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

The Ethiopian market for candies, sweets, and nonchocolate confectionery totaled $X in 2022, with an increase of 4% against the previous year. Over the period under review, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.5% against 2020 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Candies, Sweets, and Nonchocolate Confectionery in Ethiopia

In value terms, candy, sweets, and nonchocolate confectionery production expanded modestly to $X in 2022 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 60%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Ethiopia

In 2022, shipments abroad of candies, sweets, and nonchocolate confectionery decreased by -83% to X kg, falling for the third year in a row after three years of growth. Overall, exports faced a sharp decline. The pace of growth was the most pronounced in 2018 with an increase of 566%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery exports dropped rapidly to $X in 2022. Over the period under review, exports saw a deep downturn. The pace of growth was the most pronounced in 2018 when exports increased by 421%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt (X kg) was the main destination for candy, sweets, and nonchocolate confectionery exports from Ethiopia, with a 85% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Egypt exceeded the volume sent to the second major destination, Sweden (X kg), more than tenfold. The third position in this ranking was taken by French Polynesia (X kg), with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt totaled +43.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (0.0% per year) and French Polynesia (0.0% per year).

In value terms, Egypt ($X) remains the key foreign market for candies, sweets, and nonchocolate confectionery exports from Ethiopia, comprising 85% of total exports. The second position in the ranking was taken by Sweden ($X), with a 5.3% share of total exports. It was followed by Canada, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at +81.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (0.0% per year) and Canada (-22.7% per year).

Export Prices by Country

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, with an increase of 34% against the previous year. Overall, the export price showed a remarkable increase. The growth pace was the most rapid in 2014 an increase of 185% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a 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 Canada ($X per ton), while the average price for exports to Sweden ($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 Egypt (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Ethiopia

For the third consecutive year, Ethiopia recorded decline in supplies from abroad of candies, sweets, and nonchocolate confectionery, which decreased by -4.7% to X tons in 2022. Over the period under review, imports, however, saw moderate growth. The most prominent rate of growth was recorded in 2016 with an increase of 268%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports reduced slightly to $X in 2022. In general, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 178% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Pakistan (X tons), Saudi Arabia (X tons) and Vietnam (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to Ethiopia, together comprising 62% of total imports. India, China, the United Arab Emirates, Yemen, Turkey, Brazil and Kenya lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +35.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest candy, sweets, and nonchocolate confectionery suppliers to Ethiopia were Pakistan ($X), Saudi Arabia ($X) and Vietnam ($X), with a combined 51% share of total imports. China, India, the United Arab Emirates, Turkey, Yemen, Brazil and Kenya lagged somewhat behind, together comprising a further 36%.

In terms of the main suppliers, India, with a CAGR of +36.2%, 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, surging by 1.9% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Arab Emirates ($X per ton), while the price for Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform