Germany: Chocolate And Confectionery Market 2024

Chocolate And Confectionery Market Size in Germany

The German chocolate and confectionery market rose modestly to $X in 2022, surging by 2.7% against the previous year. In general, consumption, however, recorded a slight slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Chocolate And Confectionery Production in Germany

In value terms, chocolate and confectionery production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 8.8% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Chocolate And Confectionery Exports

Exports from Germany

In 2022, exports of chocolate and confectionery from Germany totaled X tons, surging by 4.5% against the previous year. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2014 when exports increased by 7.9%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, chocolate and confectionery exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Poland (X tons), France (X tons) and Belgium (X tons) were the main destinations of chocolate and confectionery exports from Germany, together accounting for 32% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +8.0%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and the UK ($X) were the largest markets for chocolate and confectionery exported from Germany worldwide, together accounting for 28% of total exports.

Among the main countries of destination, Poland, with a CAGR of +8.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chocolate and confectionery export price stood at $X per ton in 2022, with a decrease of -2.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 6.2%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chocolate And Confectionery Imports

Imports into Germany

In 2022, the amount of chocolate and confectionery imported into Germany totaled X tons, surging by 1.9% on the previous year. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 8% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, chocolate and confectionery imports reduced to $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 25%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Switzerland (X tons) were the main suppliers of chocolate and confectionery imports to Germany, together accounting for 53% of total imports. Poland, France, Italy, Austria, Cote d'Ivoire, Spain, Ghana and Indonesia lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chocolate and confectionery suppliers to Germany were the Netherlands ($X), Belgium ($X) and Switzerland ($X), together accounting for 51% of total imports. Poland, France, Italy, Austria, Cote d'Ivoire, Spain, Indonesia and Ghana lagged somewhat behind, together comprising a further 36%.

Poland, with a CAGR of +13.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chocolate and confectionery import price stood at $X per ton in 2022, shrinking by -4.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 16%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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