Spain: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Spain

The Spanish chocolate bar with filling market dropped remarkably to $X in 2021, waning by -85.3% against the previous year. Over the period under review, consumption recorded a deep contraction. Chocolate bar with filling consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Chocolate Bars With Fillings in Spain

In value terms, chocolate bar with filling production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 36%. Over the period under review, production hit record highs in 2021 and is likely to see steady growth in the immediate term.

Exports of Chocolate Bars With Fillings

Exports from Spain

Chocolate bar with filling exports from Spain surged to X tons in 2021, rising by 15% against 2020 figures. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 49%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 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, total exports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -22.6% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 41% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for chocolate bar with filling exports from Spain, with a 28% share of total exports. Moreover, chocolate bar with filling exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to -5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+8.5% per year) and Italy (+26.0% per year).

In value terms, Germany ($X) remains the key foreign market for chocolate bars with fillings exports from Spain, comprising 24% of total exports. The second position in the ranking was held by Italy ($X), with a 7.8% share of total exports. It was followed by Portugal, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+24.3% per year) and Portugal (+9.6% per year).

Export Prices by Country

The average chocolate bar with filling export price stood at $X per ton in 2021, picking up by 5.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the UK ($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 Sweden (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bars With Fillings

Imports into Spain

In 2021, overseas purchases of chocolate bars with fillings were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +5.2% 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 2013 when imports increased by 22% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, chocolate bar with filling imports soared to $X in 2021. The total import value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 23% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of chocolate bar with filling to Spain, with a 37% share of total imports. Moreover, chocolate bar with filling imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Austria (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+10.5% per year) and Austria (+11.9% per year).

In value terms, Germany ($X) constituted the largest supplier of chocolate bars with fillings to Spain, comprising 39% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 16% share of total imports. It was followed by France, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.2% per year) and France (+5.2% per year).

Import Prices by Country

In 2021, the average chocolate bar with filling import price amounted to $X per ton, growing by 1.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 25%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Austria ($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 Netherlands (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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