Australia and Oceania: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Australia and Oceania

After two years of growth, the chocolate bar with filling market in Australia and Oceania decreased by -6.9% to $X in 2021. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Production of Chocolate Bars With Fillings in Australia and Oceania

In value terms, chocolate bar with filling production contracted to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 32%. The level of production peaked at $X in 2020, and then fell in the following year.

Exports of Chocolate Bars With Fillings

Exports in Australia and Oceania

In 2021, overseas shipments of chocolate bars with fillings increased by 12% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 38%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, chocolate bar with filling exports soared to $X in 2021. In general, exports, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 30% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Australia (X tons) was the key exporter of chocolate bars with fillings, generating 87% of total exports. It was distantly followed by New Zealand (X tons), constituting a 13% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to chocolate bar with filling exports from Australia stood at -5.9%. At the same time, New Zealand (+4.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +4.2% from 2012-2021. While the share of New Zealand (+7.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-7.2 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest chocolate bar with filling supplier in Australia and Oceania, comprising 82% of total exports. The second position in the ranking was held by New Zealand ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to -5.8%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, rising by 9.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+1.4%).

Imports of Chocolate Bars With Fillings

Imports in Australia and Oceania

In 2021, the amount of chocolate bars with fillings imported in Australia and Oceania contracted to X tons, waning by -8.7% compared with the previous year's figure. Total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, chocolate bar with filling imports shrank to $X in 2021. Total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of chocolate bar with filling imports in 2021 were Australia (X tons) and New Zealand (X tons), together accounting for 98% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Australia (with a CAGR of +4.5%).

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of imports in 2021.

In terms of the main importing countries, Australia, with a CAGR of +3.7%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 8.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by 16%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-0.7%).

Source: IndexBox Platform

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