Tunisia: Chocolate And Confectionery Market 2024

Chocolate And Confectionery Market Size in Tunisia

The Tunisian chocolate and confectionery market stood at $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Chocolate And Confectionery Production in Tunisia

In value terms, chocolate and confectionery production expanded slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 16% against the previous year. Chocolate and confectionery production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Chocolate And Confectionery Exports

Exports from Tunisia

In 2022, exports of chocolate and confectionery from Tunisia skyrocketed to X tons, jumping by 35% compared with the year before. Over the period under review, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of 60% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, chocolate and confectionery exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2019 when exports increased by 53% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X tons) was the main destination for chocolate and confectionery exports from Tunisia, accounting for a 13% share of total exports. Moreover, chocolate and confectionery exports to Libya exceeded the volume sent to the second major destination, Algeria (X tons), threefold. Morocco (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume to Libya stood at -23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-5.6% per year) and Morocco (+7.2% per year).

In value terms, Libya ($X) remains the key foreign market for chocolate and confectionery exports from Tunisia, comprising 9.7% of total exports. The second position in the ranking was held by Algeria ($X), with a 3% share of total exports. It was followed by Morocco, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value to Libya totaled -22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+0.2% per year) and Morocco (+6.7% per year).

Export Prices by Country

The average chocolate and confectionery export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2013 an increase of 47% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Algeria ($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 Germany (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Chocolate And Confectionery Imports

Imports into Tunisia

Chocolate and confectionery imports into Tunisia expanded significantly to X tons in 2022, picking up by 6.3% on 2021 figures. Over the period under review, imports saw pronounced growth. The most prominent rate of growth was recorded in 2015 when imports increased by 13%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, chocolate and confectionery imports expanded sharply to $X in 2022. In general, imports continue to indicate a modest increase. The pace of growth was the most pronounced in 2016 when imports increased by 15% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of chocolate and confectionery imports to Tunisia, together accounting for 64% of total imports. Turkey, the United Arab Emirates, Italy, France and Morocco lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Morocco (with a CAGR of +32.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and the Netherlands ($X) constituted the largest chocolate and confectionery suppliers to Tunisia, with a combined 58% share of total imports. Italy, the United Arab Emirates, Turkey, France and Morocco lagged somewhat behind, together comprising a further 25%.

In terms of the main suppliers, Morocco, with a CAGR of +39.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chocolate and confectionery import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 11% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform