Latin America and the Caribbean: Boiled Sweets Market 2020

Boiled Sweets Market Size in Latin America and the Caribbean

The revenue of the boiled sweets market in Latin America and the Caribbean amounted to $X in 2017, jumping by X% against the previous year. The total market indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the boiled sweets consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. Over the period under review, the boiled sweets market reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Boiled Sweets Production in Latin America and the Caribbean

In 2017, boiled sweets production in Latin America and the Caribbean amounted to X tons, leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. Over the period under review, the boiled sweets production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Boiled Sweets Exports in Latin America and the Caribbean

In 2017, boiled sweets exports in Latin America and the Caribbean stood at X tons, dropping by -X% against the previous year. The boiled sweets exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the boiled sweets exports attained its maximum volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, boiled sweets exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations over the period under review. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Boiled Sweets Exports by Country in Latin America and the Caribbean

Mexico represented the main exporting country with an export of around X tons, which amounted to X% of total exports. Colombia (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Brazil (X%) and Guatemala (X%). The following exporters - Argentina (X tons), El Salvador (X tons) and Ecuador (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to boiled sweets exports from Mexico stood at +X%. At the same time, El Salvador (+X%) and Ecuador (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Guatemala experienced a relatively flat trend pattern. By contrast, Brazil (-X%), Colombia (-X%) and Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Argentina, Colombia and Brazil increased by X%, X% and X% percentage points, while El Salvador (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest boiled sweets supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

In Mexico, boiled sweets exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Colombia (-X% per year) and Brazil (-X% per year).

Boiled Sweets Export Prices by Country in Latin America and the Caribbean

The boiled sweets export price in Latin America and the Caribbean stood at $X per ton in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. Over the period under review, the export prices for boiled sweets attained its maximum level in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Ecuador ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Boiled Sweets Imports in Latin America and the Caribbean

In 2017, approx. X tons of boiled sweets were imported in Latin America and the Caribbean; picking up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2011, when imports increased by X% y-o-y. Over the period under review, the boiled sweets imports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, boiled sweets imports stood at $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the boiled sweets imports increased by +X% against 2015 indices. Over the period under review, the boiled sweets imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Boiled Sweets Imports by Country in Latin America and the Caribbean

Venezuela (X tons) and Mexico (X tons) represented the key importers of boiled sweets in 2017, accounting for near X% and X% of total imports, respectively. Chile (X tons) ranks second in terms of the global imports with a X% share, followed by Peru (X%), Honduras (X%), Nicaragua (X%) and Ecuador (X%). The following importers - Bolivia (X tons), Paraguay (X tons), Guatemala (X tons), the Dominican Republic (X tons) and Brazil (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest boiled sweets markets worldwide were Venezuela ($X), Mexico ($X) and Chile ($X), with a combined X% share of total imports. The Dominican Republic, Peru, Honduras, Ecuador, Brazil, Guatemala, Nicaragua, Paraguay and Bolivia lagged somewhat behind, together comprising a further X%.

Peru (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Boiled Sweets Import Prices by Country in Latin America and the Caribbean

The boiled sweets import price in Latin America and the Caribbean stood at $X per ton in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for boiled sweets attained its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Dominican Republic ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bolivia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform