Belarus: Market for Chocolate Bars with Cereals, Fruit or Nuts 2024

Market Size for Chocolate Bars with Cereals, Fruit or Nuts in Belarus

In 2022, the Belarusian market for chocolate bars with cereals, fruit or nuts was finally on the rise to reach $X after four years of decline. In general, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Chocolate Bars with Cereals, Fruit or Nuts in Belarus

In value terms, production of chocolate bars with cereals, fruit or nuts reduced slightly to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2013 with an increase of 8%. Production of peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Chocolate Bars with Cereals, Fruit or Nuts

Exports from Belarus

In 2022, after six years of growth, there was significant decline in shipments abroad of chocolate bars with cereals, fruit or nuts, when their volume decreased by -73.7% to X tons. In general, exports showed a slight descent. The growth pace was the most rapid in 2017 when exports increased by 71%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then declined markedly in the following year.

In value terms, exports of chocolate bars with cereals, fruit or nuts fell dramatically to $X in 2022. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Russia (X tons) was the main destination for exports of chocolate bars with cereals, fruit or nuts from Belarus, with a 70% share of total exports. Moreover, exports of chocolate bars with cereals, fruit or nuts to Russia exceeded the volume sent to the second major destination, China (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+180.1% per year) and Ukraine (+25.0% per year).

In value terms, Russia ($X) remains the key foreign market for chocolate bars with cereals, fruit or nuts exports from Belarus, comprising 61% of total exports. The second position in the ranking was taken by China ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+156.5% per year) and Ukraine (+17.2% per year).

Export Prices by Country

The average export price for chocolate bars with cereals, fruit or nuts stood at $X per ton in 2022, which is down by -7.8% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 an increase of 13%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Russia ($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 Russia (-5.9%), while the prices for the other major destinations experienced a decline.

Imports of Chocolate Bars with Cereals, Fruit or Nuts

Imports into Belarus

In 2022, the amount of chocolate bars with cereals, fruit or nuts imported into Belarus amounted to X tons, picking up by 2% against 2021 figures. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 27% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of chocolate bars with cereals, fruit or nuts stood at $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 33% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of cereal, fruit or nut chocolate bar to Belarus, accounting for a 53% share of total imports. Moreover, imports of chocolate bars with cereals, fruit or nuts from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-6.3% per year) and Germany (+9.4% per year).

In value terms, Russia ($X) constituted the largest supplier of chocolate bars with cereals, fruit or nuts to Belarus, comprising 47% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by Ukraine, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.8% per year) and Ukraine (-6.7% per year).

Import Prices by Country

In 2022, the average import price for chocolate bars with cereals, fruit or nuts amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 15%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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