Eastern Europe: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Eastern Europe

The East European chocolate bar with filling market stood at $X in 2021, increasing by 4% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Chocolate Bars With Fillings in Eastern Europe

In value terms, chocolate bar with filling production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 13%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Chocolate Bars With Fillings

Exports in Eastern Europe

In 2021, shipments abroad of chocolate bars with fillings increased by 12% to X tons, rising for the sixth year in a row after two years of decline. Total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +69.9% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 23%. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, chocolate bar with filling exports expanded sharply to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.2% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Poland (X tons) and Russia (X tons) were the main exporters of chocolate bars with fillings in 2021, recording near 31% and 28% of total exports, respectively. It was distantly followed by Hungary (X tons), Bulgaria (X tons), the Czech Republic (X tons), Belarus (X tons) and Ukraine (X tons), together generating a 30% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of +23.3%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Hungary ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 63% share of total exports. The Czech Republic, Bulgaria, Belarus and Ukraine lagged somewhat behind, together accounting for a further 22%.

Belarus, with a CAGR of +19.3%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, remaining stable against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 4.9% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chocolate Bars With Fillings

Imports in Eastern Europe

For the sixth year in a row, Eastern Europe recorded growth in overseas purchases of chocolate bars with fillings, which increased by 8% to X tons in 2021. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.3% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of 19% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, chocolate bar with filling imports surged to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.1% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), Russia (X tons), Romania (X tons), Ukraine (X tons), Slovakia (X tons), Hungary (X tons) and the Czech Republic (X tons) represented roughly 87% of total imports in 2021. It was distantly followed by Bulgaria (X tons), constituting a 4.5% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chocolate bar with filling importing markets in Eastern Europe were Poland ($X), Romania ($X) and Russia ($X), with a combined 48% share of total imports.

Among the main importing countries, Romania, with a CAGR of +15.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, with an increase of 7.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Slovakia ($X per ton) and the Czech Republic ($X per ton), while Russia ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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