Ukraine: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Ukraine

In 2021, the Ukrainian chocolate bar with filling market increased by 12% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption, however, recorded a mild contraction. Chocolate bar with filling consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Chocolate Bars With Fillings in Ukraine

In value terms, chocolate bar with filling production rose modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2019 with an increase of 24%. Chocolate bar with filling production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Chocolate Bars With Fillings

Exports from Ukraine

In 2021, overseas shipments of chocolate bars with fillings increased by 11% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, exports saw a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 240% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, chocolate bar with filling exports surged to $X in 2021. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 196% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Romania (X tons), Belarus (X tons) and Kazakhstan (X tons) were the main destinations of chocolate bar with filling exports from Ukraine, together comprising 40% of total exports. Hungary, Poland, Bulgaria, Yemen, Georgia, Uzbekistan, Moldova, the United Arab Emirates, North Macedonia and Azerbaijan lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +306.7%), 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 Ukraine were Romania ($X), Belarus ($X) and Kazakhstan ($X), with a combined 41% share of total exports. These countries were followed by Hungary, Bulgaria, Poland, Yemen, Georgia, Uzbekistan, Moldova, Azerbaijan, the United Arab Emirates and North Macedonia, which together accounted for a further 41%.

Bulgaria, with a CAGR of +517.4%, 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 2021, the average chocolate bar with filling export price amounted to $X per ton, surging by 7.6% against the previous year. Overall, the export price, however, showed a slight contraction. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to the United Arab Emirates ($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 Romania (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chocolate Bars With Fillings

Imports into Ukraine

In 2021, supplies from abroad of chocolate bars with fillings increased by 11% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports posted a slight expansion. The pace of growth appeared the most rapid in 2017 with an increase of 45%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, chocolate bar with filling imports stood at $X in 2021. In general, imports showed a perceptible expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 52%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Austria (X tons) were the main suppliers of chocolate bar with filling imports to Ukraine, with a combined 69% share of total imports. Germany, Bulgaria, the Czech Republic and Hungary lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +237.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Austria ($X) and Germany ($X) constituted the largest chocolate bar with filling suppliers to Ukraine, with a combined 60% share of total imports. The Netherlands, Bulgaria, the Czech Republic and Hungary lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, the Czech Republic, with a CAGR of +177.5%, 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 2021, the average chocolate bar with filling import price amounted to $X per ton, surging by 3.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.6%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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 ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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