Central Asia: Chocolate Spread Market 2020

Chocolate Spread Market Size in Central Asia

The revenue of the chocolate spread market in Central Asia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total market indicated a mild expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate spread consumption decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the chocolate spread market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Chocolate Spread Exports in Central Asia

In 2017, chocolate spread exports in Central Asia totaled X tons, going up by X% against the previous year. The chocolate spread exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the chocolate spread exports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, chocolate spread exports stood at $X in 2017. The chocolate spread exports continue to indicate an outstanding growth. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Chocolate Spread Exports by Country in Central Asia

Kazakhstan dominates chocolate spread exports structure, resulting at X tons, which was near X% of total exports in 2017. Kyrgyzstan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest growing in terms of the chocolate spreads exports, with a CAGR of +X% from 2007 to 2017. Kyrgyzstan (-X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X%) increased significantly in terms of the global exports from 2007-2017, the share of Kazakhstan (-X%) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest chocolate spread supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan amounted to +X%.

Chocolate Spread Export Prices by Country in Central Asia

In 2017, the chocolate spread export price in Central Asia amounted to $X per ton, remaining relatively unchanged against the previous year. The export price indicated a slight growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate spread export price decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% y-o-y. Over the period under review, the export prices for chocolate spreads reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Chocolate Spread Imports in Central Asia

The imports amounted to X tons in 2017, increasing by X% against the previous year. The total imports indicated a mild growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate spread imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. Over the period under review, the chocolate spread imports reached its peak figure volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, chocolate spread imports stood at $X in 2017. The chocolate spread imports continue to indicate a remarkable increase. Over the period under review, the chocolate spread imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Chocolate Spread Imports by Country in Central Asia

Kazakhstan was the main importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Kyrgyzstan (X tons), mixed up X% share of total imports.

Kazakhstan experienced a relatively flat trend pattern of chocolate spreads imports. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. Kazakhstan (X%) significantly strengthened its position in terms of the global imports, while Kyrgyzstan saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported chocolate spreads in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports.

In Kazakhstan, chocolate spread imports increased at an average annual rate of +X% over the period from 2007-2017.

Chocolate Spread Import Prices by Country in Central Asia

The chocolate spread import price in Central Asia stood at $X per ton in 2017, stabilizing at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the import prices for chocolate spreads attained its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (+X% per year).

Source: IndexBox Platform