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

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

In 2022, the Japanese market for candies, sweets, and nonchocolate confectionery increased by 1.7% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, continues to indicate a pronounced decline. Candy, sweets, and nonchocolate confectionery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Candies, Sweets, and Nonchocolate Confectionery in Japan

In value terms, candy, sweets, and nonchocolate confectionery production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 when the production volume increased by 14%. Candy, sweets, and nonchocolate confectionery production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Japan

In 2022, overseas shipments of candies, sweets, and nonchocolate confectionery increased by 19% to X tons, rising for the second consecutive year after two years of decline. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 23%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, candy, sweets, and nonchocolate confectionery exports fell to $X in 2022. Over the period under review, exports recorded resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 32%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

China (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from Japan, with a 33% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to China exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at +37.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+2.7% per year) and Taiwan (Chinese) (+7.1% per year).

In value terms, China ($X) remains the key foreign market for candies, sweets, and nonchocolate confectionery exports from Japan, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with a 14% share of total exports. It was followed by Hong Kong SAR, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.4% per year) and Hong Kong SAR (-0.4% per year).

Export Prices by Country

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, with a decrease of -21.5% against the previous year. Over the period under review, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2016 an increase of 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United Arab Emirates (+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 Japan

In 2022, purchases abroad of candies, sweets, and nonchocolate confectionery increased by 30% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, candy, sweets, and nonchocolate confectionery imports surged to $X in 2022. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to Japan, together comprising 38% of total imports. Hungary, Turkey, the Netherlands, Thailand, Belgium, the United States, South Korea, the Philippines, Malaysia and Vietnam lagged somewhat behind, together comprising a further 51%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +25.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Spain ($X) and Germany ($X) appeared to be the largest candy, sweets, and nonchocolate confectionery suppliers to Japan, together comprising 39% of total imports. The United States, Hungary, South Korea, Turkey, the Netherlands, Belgium, Thailand, Vietnam, the Philippines and Malaysia lagged somewhat behind, together comprising a further 46%.

Among the main suppliers, Turkey, with a CAGR of +28.8%, recorded 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

The average import price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 5% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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