Belarus: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Belarus

The Belarusian chocolate bar with filling market shrank significantly to $X in 2021, falling by -16.3% against the previous year. Overall, consumption faced a deep reduction. Chocolate bar with filling consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Chocolate Bars With Fillings in Belarus

In value terms, chocolate bar with filling production contracted to $X in 2021 estimated in export price. Overall, production showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 16%. Chocolate bar with filling production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Chocolate Bars With Fillings

Exports from Belarus

For the fifth consecutive year, Belarus recorded growth in overseas shipments of chocolate bars with fillings, which increased by 13% to X tons in 2021. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 121% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, chocolate bar with filling exports surged to $X in 2021. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 117%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for chocolate bar with filling exports from Belarus, accounting for a 85% share of total exports. Moreover, chocolate bar with filling exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), tenfold.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +21.5%.

In value terms, Russia ($X) remains the key foreign market for chocolate bars with fillings exports from Belarus, comprising 82% of total exports. The second position in the ranking was held by Ukraine ($X), with a 9.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +17.3%.

Export Prices by Country

The average chocolate bar with filling export price stood at $X per ton in 2021, with an increase of 13% against the previous year. In general, the export price, however, saw a pronounced shrinkage. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-3.5%).

Imports of Chocolate Bars With Fillings

Imports into Belarus

In 2021, supplies from abroad of chocolate bars with fillings was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +5.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 69% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, chocolate bar with filling imports skyrocketed to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 61% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest chocolate bar with filling supplier to Belarus, with a 66% share of total imports. Moreover, chocolate bar with filling imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+20.0% per year) and Germany (+5.2% per year).

In value terms, Russia ($X) constituted the largest supplier of chocolate bars with fillings to Belarus, comprising 59% of total imports. The second position in the ranking was held by Ukraine ($X), with a 14% share of total imports. It was followed by Germany, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+20.4% per year) and Germany (+1.3% per year).

Import Prices by Country

In 2021, the average chocolate bar with filling import price amounted to $X per ton, surging by 2.4% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 7.4%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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