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

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

The Benelux market for chocolate bars with cereals, fruit or nuts declined to $X in 2022, dropping by -2.4% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

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

In value terms, production of chocolate bars with cereals, fruit or nuts surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 36% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Chocolate Bars with Cereals, Fruit or Nuts

Exports in Benelux

After two years of growth, shipments abroad of chocolate bars with cereals, fruit or nuts decreased by -11.8% to X tons in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 22%. The volume of export peaked at X tons in 2021, and then reduced in the following year.

In value terms, exports of chocolate bars with cereals, fruit or nuts dropped dramatically to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. The level of export peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Belgium (X tons) and the Netherlands (X tons) represented roughly 99.9% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +4.4%).

In value terms, the largest cereal, fruit or nut chocolate bar supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +4.3%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, with a decrease of -4.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 9.6%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.4%).

Imports of Chocolate Bars with Cereals, Fruit or Nuts

Imports in Benelux

In 2022, purchases abroad of chocolate bars with cereals, fruit or nuts decreased by -13.1% to X tons, falling for the second consecutive year after three years of growth. Total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of chocolate bars with cereals, fruit or nuts contracted notably to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 34% against the previous year. The level of import peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) prevails in nuts structure, together constituting 98% of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +4.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022.

In terms of the main importing countries, the Netherlands, with a CAGR of +5.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, falling by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the import price increased by 14%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($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 (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform