Netherlands: Chocolate Market 2024

Chocolate Market Size in the Netherlands

After three years of growth, the Dutch chocolate market decreased by -4.5% to $X in 2022. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +69.7% against 2018 indices. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Chocolate Production in the Netherlands

In value terms, chocolate production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2013 with an increase of 21%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Chocolate Exports

Exports from the Netherlands

In 2022, approx. X tons of chocolate and cocoa products were exported from the Netherlands; growing by 12% compared with 2021 figures. The total export volume increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, chocolate exports stood at $X in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main destinations of chocolate exports from the Netherlands, with a combined 46% share of total exports. The UK, Saudi Arabia, Italy, Poland, Spain, Sweden, Turkey, Denmark, the United States and Austria lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +11.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) appeared to be the largest markets for chocolate exported from the Netherlands worldwide, with a combined 41% share of total exports. Belgium, Saudi Arabia, the United States, Spain, Sweden, Denmark, Italy, Poland, Austria and Turkey lagged somewhat behind, together accounting for a further 32%.

The United States, with a CAGR of +14.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chocolate export price stood at $X per ton in 2022, falling by -4.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 8.5%. As a result, the export price attained the peak level of $X per ton, and then contracted modestly in the following year.

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 the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Chocolate Imports

Imports into the Netherlands

In 2022, approx. X tons of chocolate and cocoa products were imported into the Netherlands; growing by 16% compared with the previous year. The total import volume increased at an average annual rate of +5.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, chocolate imports totaled $X in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.4% against 2014 indices. The growth pace was the most rapid in 2013 with an increase of 18%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest chocolate supplier to the Netherlands, with a 42% share of total imports. Moreover, chocolate imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.6% per year) and Poland (+23.0% per year).

In value terms, the largest chocolate suppliers to the Netherlands were Belgium ($X), Germany ($X) and the UK ($X), with a combined 69% share of total imports. Poland, France, Italy and Spain lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, Poland, with a CAGR of +14.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chocolate import price amounted to $X per ton, declining by -11.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 7.8% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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