Southern Asia: Sugar Confectionery Paste Market 2020

Sugar Confectionery Paste Market Size in Southern Asia

The revenue of the sugar confectionery paste market in Southern Asia amounted to $X in 2017, dropping by -X% against the previous year. The sugar confectionery paste consumption continues to indicate a drastic reduction. The growth pace was the most rapid in 2016, when market value increased by X% y-o-y. The level of sugar confectionery paste consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sugar Confectionery Paste Production in Southern Asia

The sugar confectionery paste production amounted to X tons in 2017, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the sugar confectionery paste production reached its peak figure volume in 2017, and is likely to continue its growth in the near future.

Sugar Confectionery Paste Exports in Southern Asia

In 2017, exports of marzipan, fondant, nougat and almond pastes in Southern Asia stood at X tons, increasing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. In that year, the sugar confectionery paste exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, sugar confectionery paste exports totaled $X in 2017. The sugar confectionery paste exports continue to indicate a strong increase. In that year, the sugar confectionery paste exports reached their peak level, and are likely to continue its growth in the immediate term.

Sugar Confectionery Paste Exports by Country in Southern Asia

India was the largest exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together creating X% share of total exports.

India was also the fastest growing in terms of the marzipan, fondant, nougat and almond pastes exports, with a CAGR of +X% from 2007 to 2017. At the same time, Pakistan (+X%) displayed positive paces of growth. By contrast, Bangladesh (-X%) illustrated a downward trend over the same period. Bangladesh (X%) significantly strengthened its position in terms of the global exports, while Pakistan and India saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, India ($X), Pakistan ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Pakistan (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Sugar Confectionery Paste Export Prices by Country in Southern Asia

The sugar confectionery paste export price in Southern Asia stood at $X per ton in 2017, growing 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 2011, when the export prices increased by X% year-to-year. Over the period under review, the export prices for marzipan, fondant, nougat and almond pastes reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Pakistan ($X per ton), while Bangladesh ($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 Pakistan (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Sugar Confectionery Paste Imports in Southern Asia

In 2017, imports of marzipan, fondant, nougat and almond pastes in Southern Asia stood at X tons, surging by X% against the previous year. The sugar confectionery paste imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, sugar confectionery paste imports stood at $X in 2017. The sugar confectionery paste imports continue to indicate a remarkable expansion. Over the period under review, the sugar confectionery paste imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Sugar Confectionery Paste Imports by Country in Southern Asia

In 2017, India (X tons), distantly followed by Pakistan (X tons) and Nepal (X tons) represented the main importers of marzipan, fondant, nougat and almond pastes, together making up X% of total imports. The following importers - Maldives (X tons) and Sri Lanka (X tons) each accounted for a X% share 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 Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sugar confectionery paste markets worldwide were India ($X), Nepal ($X) and Pakistan ($X), with a combined X% share of total imports.

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

Sugar Confectionery Paste Import Prices by Country in Southern Asia

In 2017, the sugar confectionery paste import price in Southern Asia amounted to $X per ton, waning by -X% against the previous year. The sugar confectionery paste import price continues to indicate a mild reduction. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. In that year, the import prices for marzipan, fondant, nougat and almond pastes attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for marzipan, fondant, nougat and almond pastes 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 Maldives ($X per ton), while Pakistan ($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 Maldives (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform