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

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

The Irish market for candies, sweets, and nonchocolate confectionery reduced markedly to $X in 2022, shrinking by -22.5% against the previous year. Overall, consumption, however, recorded a perceptible decrease. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Candies, Sweets, and Nonchocolate Confectionery in Ireland

In value terms, candy, sweets, and nonchocolate confectionery production reached $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 21%. Candy, sweets, and nonchocolate confectionery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Ireland

In 2022, after three years of decline, there was significant growth in shipments abroad of candies, sweets, and nonchocolate confectionery, when their volume increased by 6.6% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 58%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, candy, sweets, and nonchocolate confectionery exports shrank to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 19%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and France (X tons) were the main destinations of candy, sweets, and nonchocolate confectionery exports from Ireland, with a combined 72% share of total exports. Poland, the United States, the Netherlands, Italy, Belgium and Canada lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +27.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and France ($X) were the largest markets for candy, sweets, and nonchocolate confectionery exported from Ireland worldwide, together comprising 73% of total exports. Poland, the United States, Italy, the Netherlands, Belgium and Canada lagged somewhat behind, together accounting for a further 25%.

The Netherlands, with a CAGR of +24.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, dropping by -8.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 26%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Canada ($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 France (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Ireland

In 2022, supplies from abroad of candies, sweets, and nonchocolate confectionery increased by 75% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports expanded slightly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 19%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of candy, sweets, and nonchocolate confectionery to Ireland, accounting for a 54% share of total imports. Moreover, candy, sweets, and nonchocolate confectionery imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.7% per year) and the Netherlands (+10.9% per year).

In value terms, the UK ($X) constituted the largest supplier of candies, sweets, and nonchocolate confectionery to Ireland, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.4% share of total imports. It was followed by the Netherlands, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.1% per year) and the Netherlands (+9.0% per year).

Import Prices by Country

The average import price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, dropping by -40.7% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2021 an increase of 70%. As a result, import price reached the peak level of $X per ton, and then reduced dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and the UK ($X per ton), while the price for the Czech Republic ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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