Kazakhstan: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Kazakhstan

For the third consecutive year, the Kazakh chocolate bar with filling market recorded growth in sales value, which increased by 4.6% to $X in 2021. The market value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Chocolate bar with filling consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Chocolate Bars With Fillings in Kazakhstan

In value terms, chocolate bar with filling production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24% against the previous year. Chocolate bar with filling production peaked at $X in 2020, and then reduced in the following year.

Exports of Chocolate Bars With Fillings

Exports from Kazakhstan

In 2021, overseas shipments of chocolate bars with fillings decreased by -3.4% to X tons, falling for the third year in a row after two years of growth. Overall, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2018 with an increase of 114% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained 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 resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 55%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), Russia (X tons) and Armenia (X tons) were the main destinations of chocolate bar with filling exports from Kazakhstan, with a combined 58% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +127.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chocolate bar with filling exported from Kazakhstan were China ($X), Russia ($X) and Kyrgyzstan ($X), with a combined 58% share of total exports. These countries were followed by Turkmenistan, Tajikistan, Mongolia, Armenia and Azerbaijan, which together accounted for a further 39%.

Mongolia, with a CAGR of +115.7%, 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

The average chocolate bar with filling export price stood at $X per ton in 2021, with an increase of 19% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Armenia ($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 Azerbaijan (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bars With Fillings

Imports into Kazakhstan

In 2021, purchases abroad of chocolate bars with fillings increased by 43% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, chocolate bar with filling imports skyrocketed to $X in 2021. Overall, imports, however, showed a slight descent. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of chocolate bar with filling to Kazakhstan, accounting for a 86% share of total imports. Moreover, chocolate bar with filling imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+16.1% per year) and Germany (-6.3% per year).

In value terms, Russia ($X) constituted the largest supplier of chocolate bars with fillings to Kazakhstan, comprising 76% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by Ukraine, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.5% per year) and Ukraine (+14.0% per year).

Import Prices by Country

In 2021, the average chocolate bar with filling import price amounted to $X per ton, with an increase of 11% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 15% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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