Overview of the Global Market for Candies, Sweets, and Nonchocolate Confectionery

Market Size for Candies, Sweets, and Nonchocolate Confectionery

The global market for candies, sweets, and nonchocolate confectionery dropped slightly to $X in 2022, reducing by -3.4% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 7%. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Candies, Sweets, and Nonchocolate Confectionery

In value terms, candy, sweets, and nonchocolate confectionery production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +2.8% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 15% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports

Global candy, sweets, and nonchocolate confectionery exports stood at X tons in 2022, increasing by 2.8% compared with 2021 figures. The total export volume 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 pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, candy, sweets, and nonchocolate confectionery exports reached $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), China (X tons), Mexico (X tons), Turkey (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons), the United States (X tons), Canada (X tons), India (X tons), Poland (X tons) and Brazil (X tons) represented roughly 67% of total exports in 2022. Russia (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +11.5%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest candy, sweets, and nonchocolate confectionery supplying countries worldwide were Germany ($X), China ($X) and Mexico ($X), together comprising 30% of global exports. Spain, Turkey, the Netherlands, the United States, Belgium, Canada, Poland, Brazil, Russia and India lagged somewhat behind, together accounting for a further 38%.

India, with a CAGR of +11.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global 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 3.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The global export price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.1%), while the other global leaders experienced more modest paces of growth.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports

In 2022, the amount of candies, sweets, and nonchocolate confectionery imported worldwide totaled X tons, growing by 2.5% against 2021 figures. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, candy, sweets, and nonchocolate confectionery imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of +3.6% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons) represented the largest importer of candies, sweets, and nonchocolate confectionery, mixing up 22% of total imports. It was distantly followed by the UK (X tons) and Germany (X tons), together committing an 11% share of total imports. Canada (X tons), France (X tons), the Netherlands (X tons), Sweden (X tons), Poland (X tons), Russia (X tons), the Philippines (X tons) and Belgium (X tons) took a relatively small share of total imports.

Imports into the United States increased at an average annual rate of +5.1% from 2012 to 2022. At the same time, the Philippines (+10.5%), Poland (+7.4%), the UK (+4.5%), France (+4.4%), Canada (+3.8%), Sweden (+3.1%), the Netherlands (+3.1%) and Germany (+2.1%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of +10.5% from 2012-2022. By contrast, Belgium (-1.2%) and Russia (-1.7%) illustrated a downward trend over the same period. The United States (+3.9 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported candies, sweets, and nonchocolate confectionery worldwide, comprising 21% of global imports. The second position in the ranking was taken by the UK ($X), with a 5.8% share of global imports. It was followed by Germany, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +6.4%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (+3.5% per year) and Germany (+1.7% per year).

Import Prices by Country

The average import price for candies, sweets, and nonchocolate confectionery stood at $X per ton in 2022, surging by 4% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Philippines ($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 Netherlands (+1.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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