South Africa: Market for Candies, Sweets, and Nonchocolate Confectionery 2024

Market Size for Candies, Sweets, and Nonchocolate Confectionery in South Africa

The South African market for candies, sweets, and nonchocolate confectionery reduced to $X in 2022, waning by -4.6% against the previous year. Over the period under review, consumption recorded a slight descent. The most prominent rate of growth was recorded in 2021 when the market value increased by 8.8% against the previous year. Candy, sweets, and nonchocolate confectionery consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Candies, Sweets, and Nonchocolate Confectionery in South Africa

In value terms, candy, sweets, and nonchocolate confectionery production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 11% against the previous year. Candy, sweets, and nonchocolate confectionery production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from South Africa

Candy, sweets, and nonchocolate confectionery exports from South Africa rose significantly to X tons in 2022, growing by 12% compared with the previous year. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, candy, sweets, and nonchocolate confectionery exports skyrocketed to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Namibia (X tons), Botswana (X tons) and Zimbabwe (X tons) were the main destinations of candy, sweets, and nonchocolate confectionery exports from South Africa, together accounting for 57% of total exports.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of +10.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Botswana ($X) and Zimbabwe ($X) appeared to be the largest markets for candy, sweets, and nonchocolate confectionery exported from South Africa worldwide, together accounting for 55% of total exports.

Zimbabwe, with a CAGR of +13.3%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average export price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, increasing by 3.5% against the previous year. Overall, the export price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2017 when the average export price increased by 17%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Angola ($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 Swaziland (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into South Africa

Candy, sweets, and nonchocolate confectionery imports into South Africa declined to X tons in 2022, shrinking by -2.6% on the previous year's figure. Overall, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% 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 +74.5% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of X tons, and then fell modestly in the following year.

In value terms, candy, sweets, and nonchocolate confectionery imports amounted to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Swaziland (X tons), Turkey (X tons) and Zambia (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to South Africa, with a combined 64% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +28.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Swaziland ($X) constituted the largest supplier of candies, sweets, and nonchocolate confectionery to South Africa, comprising 42% of total imports. The second position in the ranking was taken by Zambia ($X), with a 12% share of total imports. It was followed by China, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Swaziland stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Zambia (+20.3% per year) and China (-2.6% per year).

Import Prices by Country

The average import price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, with an increase of 14% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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