Market Insights
25-07-2024
In 2022, global exports of candy sweets totaled US$13.4 billion. This represents an average increase of 22% in value since 2018, when shipments were valued at $11 billion. Comparing year-over-year figures, the worldwide value of candy sweet exports rose by 7.2% from $12.5 billion in 2021.
The 5 leading exporters of candy sweets are Germany, mainland China, Mexico, Spain, and Belgium, collectively accounting for 41.6% of global candy sweets export revenues.
In 2022, European exporters led the market, with shipments worth $7 billion, making up over half (52.5%) of the global total. Asian exporters followed with a 25.4% share, and North American exporters contributed 15.8%. Smaller shares came from Latin America (3.5%, excluding Mexico but including the Caribbean), Africa (2%), and Oceania (0.8%, mainly New Zealand and Australia).
For research purposes, the 6-digit Harmonized Tariff System code prefix for candy sweets is 170490. This code includes a variety of confectionery products such as lollipops, jelly beans, caramels, candy floss, fudge, and peanut brittle. It specifically excludes chewing gum and chocolate-containing items, which have separate tariff codes.
Leading Candy Sweets Exporting Countries
The following are the top 15 countries by the value of candy sweets exports in 2022:
1. Germany: US$1.7 billion (12.9% of exported candy sweets)
2. China: $1.3 billion (9.7%)
3. Mexico: $986 million (7.4%)
4. Spain: $779.6 million (5.8%)
5. Belgium: $775.1 million (5.8%)
6. Turkey: $736.6 million (5.5%)
7. Netherlands: $704.6 million (5.3%)
8. United States: $610.5 million (4.6%)
9. Poland: $537.5 million (4%)
10. Canada: $515.7 million (3.9%)
11. Italy: $286.3 million (2.1%)
12. France: $239.2 million (1.8%)
13. Czech Republic: $236.2 million (1.8%)
14. United Kingdom: $205.3 million (1.5%)
15. Brazil: $192.5 million (1.4%)
These 15 countries combined accounted for 73.4% of all candy sweets exported in 2022. Among the top exporters, the fastest-growing since 2021 were mainland China (up 31.1%), Turkey (up 25.8%), Mexico (up 25.8%), and Brazil (up 24.3%). However, Belgium and the United Kingdom experienced declines, with decreases of -12.8% and -2.3%, respectively.
Candy Sweets Exporting Companies
According to global trading platform Tendata, the following companies are notable for their international sales of candy sweets:
1. WRIGLEY INDIA PVT LTD: 10.42%, $225.23 Million
2. ДП КК РОШЕН: 4.45%, $96.14 Million
3. PAMİR GIDA SANAYİ ANONİM ŞİRKETİ: 3.98%, $86.01 Million
4. COLOMBINA S.A.: 3.67%, $79.39 Million
5. PGP GLASS PRIVATE LIMITED: 3.47%, $75.04 Million
6. MONDELEZ: 2.81%, $60.69 Million
7. CÔNG TY TNHH PERFETTI VAN MELLE VIỆT NAM: 2.74%, $59.13 Million
8. YUPI INDO JELLY GUM: 2.54%, $54.81 Million
9. SUPER DE ALIMENTOS S.A.S.: 2.4%, $51.88 Million
10. PERFETTİ VAN MELLE GIDA SANAYİ VE TİCARET ANONİM ŞİRKETİ: 2.39%, $51.59 Million
These companies are significant players in the global candy sweets market, driving international sales and contributing to the sector's growth.
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