Austria: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Austria

In 2021, after five years of growth, there was significant decline in the Austrian chocolate bar with filling market, when its value decreased by -31.7% to $X. In general, consumption, however, recorded a mild increase. Chocolate bar with filling consumption peaked at $X in 2020, and then fell significantly in the following year.

Production of Chocolate Bars With Fillings in Austria

In value terms, chocolate bar with filling production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 18% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Chocolate Bars With Fillings

Exports from Austria

In 2021, overseas shipments of chocolate bars with fillings increased by 12% to X tons, rising for the sixth year in a row after two years of decline. In general, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +92.3% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 38%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, chocolate bar with filling exports stood at $X in 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.3% against 2015 indices. The pace of growth was the most pronounced in 2013 with an increase of 41% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for chocolate bar with filling exports from Austria, with a 32% share of total exports. Moreover, chocolate bar with filling exports to Germany exceeded the volume sent to the second major destination, Russia (X tons), threefold. Poland (X tons) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+73.6% per year) and Poland (+31.0% per year).

In value terms, Germany ($X) remains the key foreign market for chocolate bars with fillings exports from Austria, comprising 36% of total exports. The second position in the ranking was taken by Russia ($X), with an 11% share of total exports. It was followed by Ukraine, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+69.7% per year) and Ukraine (+42.5% per year).

Export Prices by Country

The average chocolate bar with filling export price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the export price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2020 an increase of 7.5% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and Ukraine ($X per ton), while the average price for exports to Poland ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chocolate Bars With Fillings

Imports into Austria

In 2021, overseas purchases of chocolate bars with fillings decreased by -1.5% to X tons, falling for the fourth consecutive year after three years of growth. In general, imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2015 with an increase of 9.3% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, chocolate bar with filling imports shrank to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 7% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest chocolate bar with filling supplier to Austria, accounting for a 53% share of total imports. Moreover, chocolate bar with filling imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Bulgaria (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.5% per year) and Bulgaria (+19.7% per year).

In value terms, Germany ($X) constituted the largest supplier of chocolate bars with fillings to Austria, comprising 64% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total imports. It was followed by Bulgaria, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.7% per year) and Bulgaria (+18.3% per year).

Import Prices by Country

In 2021, the average chocolate bar with filling import price amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 7.9%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :