Switzerland: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Switzerland

For the third consecutive year, the Swiss chocolate bar with filling market recorded growth in sales value, which increased by 13% to $X in 2021. The market value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Chocolate bar with filling consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Chocolate Bars With Fillings in Switzerland

In value terms, chocolate bar with filling production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +91.5% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of 74%. Over the period under review, production attained the peak level at $X in 2020, and then fell in the following year.

Exports of Chocolate Bars With Fillings

Exports from Switzerland

In 2021, approx. X tons of chocolate bars with fillings were exported from Switzerland; picking up by 12% against 2020 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 21% against the previous year. The exports peaked 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. In general, exports, however, recorded a mild setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the United Arab Emirates (X tons) and the UK (X tons) were the main destinations of chocolate bar with filling exports from Switzerland, together accounting for 58% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +16.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chocolate bar with filling exported from Switzerland were Germany ($X), the United Arab Emirates ($X) and France ($X), together comprising 56% of total exports. These countries were followed by the UK, the United States, Israel, Austria, Italy, Canada and Bulgaria, which together accounted for a further 37%.

In terms of the main countries of destination, the UK, with a CAGR of +17.6%, saw the highest growth rate of 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

In 2021, the average chocolate bar with filling export price amounted to $X per ton, increasing by 7.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 11%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bulgaria ($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 France (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bars With Fillings

Imports into Switzerland

In 2021, supplies from abroad of chocolate bars with fillings increased by 49% to X tons, rising for the third year in a row after two years of decline. Overall, imports showed modest growth. Over the period under review, imports reached the peak figure at X tons in 2013; afterwards, it flattened through to 2021.

In value terms, chocolate bar with filling imports rose rapidly to $X in 2021. The total import value increased at an average annual rate of +6.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 26%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of chocolate bar with filling imports to Switzerland, with a combined 90% share of total imports. These countries were followed by Austria, Poland and France, which together accounted for a further 4.3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +19.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of chocolate bars with fillings to Switzerland, comprising 70% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Italy, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-1.9% per year) and Italy (+0.6% per year).

Import Prices by Country

The average chocolate bar with filling import price stood at $X per ton in 2021, with a decrease of -23.8% against the previous year. Over the period under review, the import price, however, saw a measured expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 80% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :