CIS: White Chocolate Market 2020

White Chocolate Market Size in CIS

The revenue of the white chocolate market in CIS amounted to $X in 2017, rising by X% against the previous year. The white chocolate consumption continues to indicate a deep shrinkage. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. In that year, the white chocolate market attained their peak level of $X. From 2009 to 2017, growth of the white chocolate market stood at a somewhat lower level.

White Chocolate Production in CIS

Russia (X tons) remains the largest white chocolate producing country in CIS, comprising approx. X% of total production.

White Chocolate Exports in CIS

In 2017, approx. X tons of white chocolate were exported in CIS; surging by X% against the previous year. The white chocolate exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the white chocolate exports attained its peak figure volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, white chocolate exports stood at $X in 2017. The white chocolate exports continue to indicate a remarkable expansion. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

White Chocolate Exports by Country in CIS

Russia was the key exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Kazakhstan (X tons) and Belarus (X tons), together creating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to white chocolate exports from Russia stood at +X%. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) illustrated a downward trend over the same period. Belarus (X%) significantly strengthened its position in terms of the global exports, while Kazakhstan and Russia saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest white chocolate supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Belarus, with a X% share.

In Russia, white chocolate exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Belarus (-X% per year).

White Chocolate Export Prices by Country in CIS

The white chocolate export price in CIS stood at $X per ton in 2017, lowering by -X% against the previous year. The white chocolate export price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the export prices for white chocolate reached its peak figure 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 Russia ($X per ton), while Kazakhstan ($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 Belarus (+X% per year), while the other leaders experienced more modest paces of growth.

White Chocolate Imports in CIS

In 2017, approx. X tons of white chocolate were imported in CIS; growing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. Over the period under review, the white chocolate imports attained its maximum volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, white chocolate imports totaled $X in 2017. The total imports indicated a significant 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 white chocolate imports increased by +X% against 2015 indices. Over the period under review, the white chocolate imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

White Chocolate Imports by Country in CIS

In 2017, Russia (X tons) was the main importer for white chocolate, constituting X% of total imports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Azerbaijan (X tons), Belarus (X tons) and Kyrgyzstan (X tons). All these countries together held approx. X% share of total imports. Armenia (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern of white chocolate imports. At the same time, Armenia (+X%), Kyrgyzstan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Azerbaijan experienced a relatively flat trend pattern. Russia (X%) significantly strengthened its position in terms of the global imports, while Kazakhstan, Armenia, Kyrgyzstan and Belarus saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported white chocolate in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

White Chocolate Import Prices by Country in CIS

The white chocolate import price in CIS stood at $X per ton in 2017, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for white chocolate reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belarus ($X per ton), while Azerbaijan ($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 Azerbaijan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform