Italy: Market for Chocolate Bars with Cereals, Fruit or Nuts 2025

Market Size for Chocolate Bars with Cereals, Fruit or Nuts in Italy

For the third consecutive year, the Italian market for chocolate bars with cereals, fruit or nuts recorded growth in sales value, which increased by 11% to $X in 2022. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.2% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Chocolate Bars with Cereals, Fruit or Nuts in Italy

In value terms, production of chocolate bars with cereals, fruit or nuts surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible decrease. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Chocolate Bars with Cereals, Fruit or Nuts

Exports from Italy

Exports of chocolate bars with cereals, fruit or nuts from Italy reached X tons in 2022, increasing by 6.3% against 2021 figures. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 10% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of chocolate bars with cereals, fruit or nuts expanded to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.4% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of 16%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X tons), the UK (X tons) and Germany (X tons) were the main destinations of exports of chocolate bars with cereals, fruit or nuts from Italy, together accounting for 48% of total exports. The United States, Romania, Spain, Russia, Malta, Greece, Canada and the United Arab Emirates lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +30.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cereal, fruit or nut chocolate bar exported from Italy were France ($X), Germany ($X) and the UK ($X), together comprising 48% of total exports. The United States, Spain, Russia, Romania, Malta, Greece, Canada and the United Arab Emirates lagged somewhat behind, together comprising a further 26%.

Russia, with a CAGR of +25.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for chocolate bars with cereals, fruit or nuts amounted to $X per ton, dropping by -3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2021 an increase of 18%. As a result, the export price attained the peak level of $X per ton, and then reduced modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Romania ($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 the United Arab Emirates (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bars with Cereals, Fruit or Nuts

Imports into Italy

In 2022, overseas purchases of chocolate bars with cereals, fruit or nuts increased by 8.8% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports recorded a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of 16%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of chocolate bars with cereals, fruit or nuts rose slightly to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of cereal, fruit or nut chocolate bar to Italy, with a 56% share of total imports. Moreover, imports of chocolate bars with cereals, fruit or nuts from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), fivefold. Austria (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+0.7% per year) and Austria (+14.0% per year).

In value terms, Germany ($X) constituted the largest supplier of chocolate bars with cereals, fruit or nuts to Italy, comprising 50% of total imports. The second position in the ranking was taken by Austria ($X), with a 13% share of total imports. It was followed by Switzerland, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+15.5% per year) and Switzerland (-1.0% per year).

Import Prices by Country

The average import price for chocolate bars with cereals, fruit or nuts stood at $X per ton in 2022, which is down by -4.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 7.1% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then declined modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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