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

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

In 2022, the Norwegian market for candies, sweets, and nonchocolate confectionery decreased by -17.4% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Production of Candies, Sweets, and Nonchocolate Confectionery in Norway

In value terms, candy, sweets, and nonchocolate confectionery production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 when the production volume increased by 117% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Norway

In 2022, the amount of candies, sweets, and nonchocolate confectionery exported from Norway skyrocketed to X tons, picking up by 34% compared with the previous year. Overall, exports, however, showed a noticeable curtailment. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery exports surged to $X in 2022. In general, exports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 34% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from Norway, with a 67% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Sweden exceeded the volume sent to the second major destination, Finland (X tons), fivefold. Germany (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-0.4% per year) and Germany (-13.4% per year).

In value terms, Sweden ($X) remains the key foreign market for candies, sweets, and nonchocolate confectionery exports from Norway, comprising 59% of total exports. The second position in the ranking was held by Germany ($X), with an 18% share of total exports. It was followed by Finland, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-13.6% per year) and Finland (-4.1% per year).

Export Prices by Country

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, declining by -2.1% against the previous year. Overall, the export price showed a pronounced decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 39%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Estonia ($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 Iceland (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Norway

In 2022, supplies from abroad of candies, sweets, and nonchocolate confectionery decreased by -1.8% to X tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, candy, sweets, and nonchocolate confectionery imports dropped to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Sweden (X tons), Denmark (X tons) and the Netherlands (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to Norway, with a combined 50% share of total imports. France, Belgium, Slovakia, Germany, the UK, Spain, Finland, Poland and the Czech Republic lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +19.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and the Netherlands ($X) constituted the largest candy, sweets, and nonchocolate confectionery suppliers to Norway, together accounting for 48% of total imports. France, Germany, Belgium, the UK, Poland, Slovakia, Spain, Finland and the Czech Republic lagged somewhat behind, together accounting for a further 41%.

France, with a CAGR of +13.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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, waning by -7.1% against the previous year. Overall, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2021 an increase of 7.2%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 Poland ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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