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

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

In 2022, the Spanish market for candies, sweets, and nonchocolate confectionery increased by 3.8% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw slight growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Candies, Sweets, and Nonchocolate Confectionery in Spain

In value terms, candy, sweets, and nonchocolate confectionery production expanded rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 9.3% against the previous year. Candy, sweets, and nonchocolate confectionery production peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Spain

Candy, sweets, and nonchocolate confectionery exports from Spain reached X tons in 2022, with an increase of 14% compared with the previous year. In general, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.2% against 2012 indices. The growth pace was the most rapid in 2016 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, candy, sweets, and nonchocolate confectionery exports rose rapidly to $X in 2022. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons), France (X tons) and Germany (X tons) were the main destinations of candy, sweets, and nonchocolate confectionery exports from Spain, with a combined 43% share of total exports. The UK, Portugal, Italy, Canada, the Netherlands, Poland, Israel, Sweden, Belgium and Jordan lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +14.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for candy, sweets, and nonchocolate confectionery exported from Spain were the United States ($X), France ($X) and Germany ($X), with a combined 40% share of total exports. The UK, Italy, Portugal, the Netherlands, Poland, Canada, Israel, Belgium, Sweden and Jordan lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Poland, with a CAGR of +11.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, standing approx. at the previous year. Overall, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2021 an increase of 9.6%. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada ($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 States (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Spain

In 2022, purchases abroad of candies, sweets, and nonchocolate confectionery increased by 12% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 38% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to Spain, with a combined 47% share of total imports. The Netherlands, Poland, Italy, Turkey, the Czech Republic, Portugal, Colombia and China lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +29.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the largest candy, sweets, and nonchocolate confectionery suppliers to Spain, with a combined 44% share of total imports. Belgium, Poland, Italy, China, Turkey, the Czech Republic, Portugal and Colombia lagged somewhat behind, together comprising a further 42%.

Turkey, with a CAGR of +24.1%, recorded the highest rates of growth with regard to the value of imports, in terms of 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, rising by 5% against the previous year. Over the period under review, the import price, however, saw a slight decline. The growth pace was the most rapid in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 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 China ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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