Finland: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Finland

The Finnish chocolate bar with filling market expanded remarkably to $X in 2021, growing by 14% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in years to come.

Production of Chocolate Bars With Fillings in Finland

In value terms, chocolate bar with filling production soared to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. Chocolate bar with filling 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 from Finland

In 2021, the amount of chocolate bars with fillings exported from Finland soared to X tons, with an increase of 24% on the previous year. Overall, exports, however, saw a mild slump. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, chocolate bar with filling exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a slight setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for chocolate bar with filling exports from Finland, with a 45% share of total exports. Moreover, chocolate bar with filling exports to Sweden exceeded the volume sent to the second major destination, Estonia (X tons), twofold. The third position in this ranking was held by the Czech Republic (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+2.7% per year) and the Czech Republic (+3.3% per year).

In value terms, Sweden ($X) remains the key foreign market for chocolate bars with fillings exports from Finland, comprising 41% of total exports. The second position in the ranking was taken by Estonia ($X), with a 21% share of total exports. It was followed by the Czech Republic, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Sweden totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+4.4% per year) and the Czech Republic (+2.9% per year).

Export Prices by Country

The average chocolate bar with filling export price stood at $X per ton in 2021, increasing by 4.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 7.2% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chocolate Bars With Fillings

Imports into Finland

In 2021, the amount of chocolate bars with fillings imported into Finland contracted modestly to X tons, approximately equating the previous year's figure. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, chocolate bar with filling imports reached $X in 2021. Overall, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.5% 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 decreased by -3.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest chocolate bar with filling supplier to Finland, accounting for a 66% share of total imports. Moreover, chocolate bar with filling imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden stood at +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.9% per year) and the Netherlands (+8.3% per year).

In value terms, Sweden ($X) constituted the largest supplier of chocolate bars with fillings to Finland, comprising 61% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by the Netherlands, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from Sweden amounted to +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.5% per year) and the Netherlands (+6.3% per year).

Import Prices by Country

The average chocolate bar with filling import price stood at $X per ton in 2021, surging by 8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2017 an increase of 18% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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