This is the American Confectionery Industry About the National Confectioners Association NCA candy makers have been manufacturing candy, one of life’s.

Slides:



Advertisements
Similar presentations
Page 1 Bureau of Economic, Energy and Business AffairsU.S. Department of State Bureau of Economic, Energy and Business Affairs Promoting Free Trade in.
Advertisements

North American Free Trade Agreement
Pros and Cons of Free Trade 1. Free Trade increases sales and profits for US businesses .
Toward a 21 st Century TPP Agreement for Apparel April 2013 Learn more about apparel in the TPP at >> 1.
©2009 The McGraw-Hill Companies, All Rights Reserved ©2009 The McGraw-Hill Companies, All Rights Reserved Chapter 6 International Business McGraw-Hill/Irwin.
Who We Are Tyson Barker Director, Transatlantic Relations Bertelsmann Foundation North America 4 th Turkey-Europe Forum TASAM “Transatlantic Economic Relations.
Copyright 2009 IDC Aid to Recovery: The Economic Impact of IT, Software, and the Microsoft Ecosystem Worldwide Prepared for Microsoft Corporation October.
Doing Business in Korea October 22, 2008 Ken Nye, Commodity Specialist Michigan Farm Bureau.
February 2010 United States Confectionery Market.
NAFTA: North American Free Trade Agreement. What is NAFTA?  NAFTA: North American Free Trade Agreement.  Became law on January 1,  Broke down.
May 2009 United States Confectionery Market. U.S. Confectionery Market Overview.
State of the Confectionery Industry. Second half growth carries category Retail Sales – IRI 52 Weeks June % December % Manufacturers YTD Shipments.
January 2009 United States Confectionery Market. U.S. Confectionery Market Overview.
2006 Year End Confectionery Industry Review. USA Market Retail Performance.
© 2005 Thomson C hapter 31 International Trade. © 2005 Thomson 2 Gottheil - Principles of Economics, 4e Economic Principles Absolute advantage Comparative.
REVIEW. includes the cultivation, processing, and sale of fruits, nuts, vegetables, ornamental plants, and flowers Horticulture.
Confectionery Industry
United States Agriculture AGST 3000 Agriculture, Society and the Natural World.
January – June 2006 August, 2006 Confectionery Industry Review.
Introduction to International Trade
Does the U.S. Feed the World?
The Economics and Politics of U.S. Agricultural Policy James Dunn Pennsylvania State University.
“As the state’s second largest economic driver, it’s a sector ripe with opportunity for business expansion, job growth, and is a driving force in our.
The New Face of the U.S. and Opportunities it Presents.
Part Two The Global Environment and Social and Ethical Responsibilities 5 Global Markets and International Marketing.
Free Trade Agreements: Helping U.S. Businesses Export.
McGraw-Hill/Irwin © 2006 The McGraw-Hill Companies, Inc., All Rights Reserved. The U.S. Economy: A Global View Chapter 2.
Texas. Wide Open For Business In the past 4 years, Texas Exports have increased over 19 percent Texas Exports in 2007 $168 billion Texas Exports rose.
Chapter 16 Trading with Other Nations. Copyright © 2005 Pearson Addison-Wesley. All rights reserved.16-2 Learning Objectives Make the distinction between.
January 2008 United States Confectionery Market. U.S. Confectionery Market Overview.
North American Free Trade Agreement NAFTA
1 Chapter 9 part 1 International Trade These slides supplement the textbook, but should not replace reading the textbook.
PRT 2008 Lecture 11. International agricultural trade Total merchandise trade Total merchandise trade Malaysia trade performance ( ) Malaysia.
U.S. Commercial Service U.S. Department of Commerce Export University Sources for Conducting International Market Research Jessica M. Gordon March 23,
Glossary of Key Terms balance of payments. An account of the flow of goods, services, and money coming into and going out of the country. capital. Money.
1 “All Eyes on the Economy” David Huether National Association of Manufacturers October 27, 2004.
The Multilateral Trade System Lecture 17. Snapshot of U.S. Trade How Much? 1998: $1,587.4 Billion Imports and Exports of Goods and Services 1998 GDP $8,760.0.
Trade Choices You have $1,000 to spend and your alternatives are: Purchase 1 U.S.-made television and 1 U.S.-made bicycle. or Purchase 1 Chinese-made.
What is the sale price of an item that is $ and is 15% off?
APEC PTIN Food Safety Activities January 27, 2011.
1 Announcements: Tuesday Chiquita case this week Value of 1/100 chance of death from last week’s notecards: $1000 or less: K: 5 (typical range)
C hapter 31 International Trade © 2002 South-Western.
When the 1900s opened, Most people knew little about faraway places. Jet planes traveled around the globe. By the 2000s, however, revolutions in transportation.
LESSON 1-1 The Foundation of International Business
Top International Markets for Native American Tourism Ron Erdmann U.S. Department of Commerce International Trade Administration National Travel & Tourism.
Helping southern U.S. companies export food and agricultural products around the world. Southern United States Trade Association Danielle.
The Economics and Politics of U.S. Agricultural Policy James Dunn Pennsylvania State University.
The International Trade Process Class One Top Exporting States 2 Source: TradeStats Express™ International Trade Administration, USDOC and Foreign.
Chapter Four Slavery and Empire, 1441–1770. Sugar and Slavery Europeans were concerned with the moral implications of enslaving Christians. Muslims and.
Does the U.S. Feed the World? Economic Research Service U.S. Department of Agriculture.
Economics of Latin America To get the file: - Go to My Computer – S:) Student Read Only – Orso Folder – Latin America Folder – Open the file called Economics.
AGRICULTURE AND HUMAN NEEDS. BASIC HUMAN NEEDS & SOURCES Agriculture is the source for the three basic things humans need to survive:  Food: meat, milk,
Does the U.S. Feed the World? Economic Research Service U.S. Department of Agriculture.
Lesson L060002: The Scope and Importance of Agribusiness
International Trade - Basics. Why trade? All trade is voluntary People trade because they believe that they will be better off by trading Allows for Specialization.
Fashion and Economics.
Chapter 14 International Distribution Systems. In International Distribution The firm sells to its customers: –directly through its own sales force –indirectly.
When you have completed this chapter, you will be able to: Explain why countries trade. Explain why companies export and import. Explain how and why countries.
When you have completed this chapter, you will be able to: Explain why countries trade. Explain why companies export and import. Explain how and why countries.
The U.S. Meat Industry: Economic Contributions. Economic Impact Meat and poultry are the largest sector of U.S. agriculture. In 2008, meat and poultry.
Where is the U.S. Economy Going? Barry Bluestone Northeastern University Laborers’ International Union Hilton Hotel Anchorage, Alaska July 10, 2005.
General Facts About Agriculture in US. Farm and ranch families comprise just 2 percent of the U.S. population. More than 21 million American workers (15.
Intro to Business April 15, 2015 Unit 2 Test Chapter 10 – Business in a Global Economy Political Cartoon.
NAFTA: North American Free Trade Agreement
Powerpoint Jeopardy Development Agriculture Industry
Associate Professor/Crop Marketing Specialist
North American Free Trade Agreement
Washington Trade Overview 18th Annual International Legislators Forum (ILF) June 26, 2018 Hanna Abou-El-Seoud.
North America.
Outline I Top trade partners II Trade with Europe
Presentation transcript:

This is the American Confectionery Industry About the National Confectioners Association NCA candy makers have been manufacturing candy, one of life’s little pleasures, since Today, NCA represents 290 companies that manufacture and market the vast majority of chocolate confectionery, sugar confectionery and gum sold in the United States, 260 companies who supply those manufacturers and 135 companies who serve as third party sales agents for manufacturers, known as brokers. Two thirds of NCA’s members are small businesses. Many of the industry’s manufacturers are now 4th and 5th generation family owned companies, started by immigrants before the turn of the century. There are confectionery manufacturers in more than 40 states, with a particular concentration in Pennsylvania, New York, New Jersey, Illinois, Ohio, and California. Jobs According to the U.S Department of Labor, in 2009 there were about 70,000 confectionery manufacturing jobs in more than 1,000 facilities across the U.S.; when you count the related number of sales and distribution jobs associated with the industry, that number triples. Confectionery workers are represented by the Bakery, Confectionery, Tobacco, and Grain Millers; United Food and Commercial Workers International; and the Teamsters Unions. Performance and Economics The confectionery industry is stronger than ever with the average consumer spending, on average, $101 on confectionery products in U.S. confectionery sales grew at a solid rate of 3.8 percent, which translates to about $32 billion in total sales. Seasons are a driving force behind confectionery sales, with 54% of total annual candy & gum purchases occurring during peak seasonal selling weeks. Chocolate represents close to 60% of all confectionery sales in the U.S., according to U.S. product shipment figures. Source -US Department of Commerce 311D Confectionery Report, NCA Shipment Reports, Symphony IRI, Euromonitor

Commodities Confectionery manufacturers spend more than $4 billion on commodities each year including: More than 2.44 billion lbs of sugar at a cost of nearly $100 million About 805 million lbs of cocoa beans costing more than $1 billion More than 1.47 billion lbs of corn syrup at a cost of $245 million More than 1.1 billion lbs of U.S. milk and milk products costing $762 million More than 339 million lbs of peanuts, the majority of which are grown in the US, at a cost of more than $142 million More than 74 million lbs of California-grown almonds and other nuts costing $101.5 million Commodity costs are rising across the board! Exports The NCA and confectionery industry are long time supporters of free trade. Most confections from other countries receive duty-free access into the U.S. and we seek trading parity to assist American businesses increase their export opportunities. Specifically, we support the Trans Pacific Partnership agreement that is under negotiation now. Free trade agreements represent opportunities for the U.S. confectionery industry to increase exports and thereby increase their consumption of US grown commodity inputs and add American jobs to the work force. Top 10 U.S. Candy Export Markets in 2011 World$1.6 billion Canada$674 million Mexico$213 million South Korea$80 million Japan$47 million Philippines $33 million Australia$31 million Panama$31 million Singapore$28 million United Arab Emirates$25 million Hong Kong$25 million National Confectioners Association th Street NW, Suite 200 Washington, DC (202) Source: Global Trade Atlas