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Iraq - Candy, Sweets, and Nonchocolate Confectionery - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Market for Candies, Sweets, and Nonchocolate Confectionery 2024
Market Size for Candies, Sweets, and Nonchocolate Confectionery in Iraq
The Iraqi market for candies, sweets, and nonchocolate confectionery dropped notably to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a pronounced descent. Candy, sweets, and nonchocolate confectionery consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.
Production of Candies, Sweets, and Nonchocolate Confectionery in Iraq
In value terms, candy, sweets, and nonchocolate confectionery production contracted rapidly to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Candy, sweets, and nonchocolate confectionery production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.
Exports of Candies, Sweets, and Nonchocolate Confectionery
Exports from Iraq
After two years of decline, overseas shipments of candies, sweets, and nonchocolate confectionery increased by X% to X tons in 2022. In general, exports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.
In value terms, candy, sweets, and nonchocolate confectionery exports surged to $X in 2022. Overall, exports posted a notable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Turkey (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from Iraq, with a X% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Turkey exceeded the volume sent to the second major destination, Germany (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).
In value terms, Turkey ($X), the United States ($X) and Germany ($X) were the largest markets for candy, sweets, and nonchocolate confectionery exported from Iraq worldwide, together comprising X% of total exports. Canada and Australia lagged somewhat behind, together accounting for a further X%.
Among the main countries of destination, Australia, with a CAGR of X%, 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, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($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 Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Candies, Sweets, and Nonchocolate Confectionery
Imports into Iraq
In 2022, after seven years of growth, there was significant decline in overseas purchases of candies, sweets, and nonchocolate confectionery, when their volume decreased by X% to X tons. Over the period under review, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted rapidly in the following year.
In value terms, candy, sweets, and nonchocolate confectionery imports declined notably to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Turkey (X tons) constituted the largest candy, sweets, and nonchocolate confectionery supplier to Iraq, with a X% share of total imports. Moreover, candy, sweets, and nonchocolate confectionery imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United Arab Emirates (X% per year).
In value terms, Turkey ($X) constituted the largest supplier of candies, sweets, and nonchocolate confectionery to Iraq, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United Arab Emirates (X% per year).
Import Prices by Country
In 2022, the average import price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for candy, sweets, and nonchocolate confectionery in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10822310 - Chewing gum
- Prodcom 10822320 - Liquorice cakes, blocks, sticks and pastilles containing > .10 % by weight of sucrose, but not containing any other substances
- Prodcom 10822330 - White chocolate
- Prodcom 10822353 - Sugar confectionery pastes in immediate packings of a net content . 1 kg (including marzipan, fondant, nougat and almond pastes)
- Prodcom 10822355 - Throat pastilles and cough drops consisting essentially of sugars and flavouring agents (excluding pastilles or drops with flavouring agents containing medicinal properties)
- Prodcom 10822363 - Sugar-coated (panned) goods (including sugar almonds)
- Prodcom 10822365 - Gums, fruit jellies and fruit pastes in the form of sugar confectionery (excluding chewing gum)
- Prodcom 10822373 - Boiled sweets
- Prodcom 10822375 - Toffees, caramels and similar sweets
- Prodcom 10822383 - Compressed tablets of sugar confectionery (including cachous)
- Prodcom 10822390 - Sugar confectionery, n.e.c.
Country coverage:
- Iraq
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iraq
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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