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

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

The Swiss market for candies, sweets, and nonchocolate confectionery declined to $X in 2022, falling by -10.6% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +10.4% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Candies, Sweets, and Nonchocolate Confectionery in Switzerland

In value terms, candy, sweets, and nonchocolate confectionery production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2022: its value 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, production increased by +3.7% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 72%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Switzerland

In 2022, overseas shipments of candies, sweets, and nonchocolate confectionery were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, candy, sweets, and nonchocolate confectionery exports surged to $X in 2022. The total export value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Germany (X tons) and France (X tons) were the main destinations of candy, sweets, and nonchocolate confectionery exports from Switzerland, with a combined 65% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +7.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) were the largest markets for candy, sweets, and nonchocolate confectionery exported from Switzerland worldwide, with a combined 64% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +9.3%, recorded the highest growth rate of 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, waning by -1.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 4%. The export price peaked at $X per ton in 2014; however, from 2015 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 Austria ($X per ton), while the average price for exports to Canada ($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 Austria (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Switzerland

In 2022, supplies from abroad of candies, sweets, and nonchocolate confectionery increased by 16% to X tons, rising for the second consecutive year after four years of decline. The total import volume increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, candy, sweets, and nonchocolate confectionery imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest candy, sweets, and nonchocolate confectionery supplier to Switzerland, with a 50% share of total imports. Moreover, candy, sweets, and nonchocolate confectionery imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Poland (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.3% per year) and Poland (+15.5% per year).

In value terms, Germany ($X) constituted the largest supplier of candies, sweets, and nonchocolate confectionery to Switzerland, comprising 43% of total imports. The second position in the ranking was taken by France ($X), with a 9.6% share of total imports. It was followed by the Netherlands, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.9% per year) and the Netherlands (+5.1% per year).

Import Prices by Country

The average import price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, reducing by -5.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 11%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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