Market for Candy, Sweets, and Nonchocolate Confectionery in Iran
Market Overview
The Iranian market for candies, sweets, and nonchocolate confectionery reduced to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a mild setback. Candy, sweets, and nonchocolate confectionery consumption peaked at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.
In value terms, candy, sweets, and nonchocolate confectionery production dropped modestly to $ in estimated in export price. Over the period under review, production saw a slight descent. The growth pace was the most rapid in 2010 when the production volume increased by %. Candy, sweets, and nonchocolate confectionery production peaked at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a mild setback. Candy, sweets, and nonchocolate confectionery consumption peaked at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.In value terms, candy, sweets, and nonchocolate confectionery production dropped modestly to $
in estimated in export price. Over the period under review, production saw a slight descent. The growth pace was the most rapid in 2010 when the production volume increased by %. Candy, sweets, and nonchocolate confectionery production peaked at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.Consumption
In , approx. tons of candies, sweets, and nonchocolate confectionery were consumed in Iran; declining by -% on figures. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.
The revenue of the market for candies, sweets, and nonchocolate confectionery in Iran contracted slightly to $ in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a mild shrinkage. Candy, sweets, and nonchocolate confectionery consumption peaked at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.
, approx. tons of candies, sweets, and nonchocolate confectionery were consumed in Iran; declining by -% on figures. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.The revenue of the market for candies, sweets, and nonchocolate confectionery in Iran contracted slightly to $
in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a mild shrinkage. Candy, sweets, and nonchocolate confectionery consumption peaked at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for candy, sweets, and nonchocolate confectionery in Iran, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of candy, sweets, and nonchocolate confectionery in Iran were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for candy, sweets, and nonchocolate confectionery.
Trade Balance
Iran remains a net exporter of candy, sweets, and nonchocolate confectionery; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report