United Kingdom: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in the UK

The UK chocolate bar with filling market surged to $X in 2021, increasing by 16% against the previous year. Overall, consumption showed a relatively flat trend pattern. 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 the UK

In value terms, chocolate bar with filling production rose notably to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt descent. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Chocolate Bars With Fillings

Exports from the UK

In 2021, shipments abroad of chocolate bars with fillings decreased by -12% to X tons, falling for the second consecutive year after five years of growth. In general, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -16.4% against 2019 indices. The pace of growth was the most pronounced in 2015 when exports increased by 28% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, chocolate bar with filling exports rose slightly to $X in 2021. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +79.0% against 2012 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 18% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Ireland (X tons), the Netherlands (X tons) and the United Arab Emirates (X tons) were the main destinations of chocolate bar with filling exports from the UK, with a combined 68% share of total exports. These countries were followed by Australia, the United States, France, Canada, China and Saudi Arabia, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +59.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chocolate bar with filling exported from the UK were Ireland ($X), the Netherlands ($X) and the United Arab Emirates ($X), together accounting for 61% of total exports. Australia, the United States, China, France, Canada and Saudi Arabia lagged somewhat behind, together comprising a further 19%.

In terms of the main countries of destination, China, with a CAGR of +53.8%, saw the highest rates of growth with regard to 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, jumping by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($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 Australia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bars With Fillings

Imports into the UK

Chocolate bar with filling imports into the UK shrank to X tons in 2021, which is down by -2.7% on 2020. The total import volume increased at an average annual rate of +4.1% over the period 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 2020 when imports increased by 17%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, chocolate bar with filling imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of chocolate bar with filling imports to the UK, with a combined 80% share of total imports. Ireland, Belgium, France and Lithuania lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +32.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chocolate bar with filling suppliers to the UK were Germany ($X), the Netherlands ($X) and Poland ($X), together accounting for 77% of total imports. These countries were followed by Ireland, Belgium, France and Lithuania, which together accounted for a further 13%.

Among the main suppliers, Lithuania, with a CAGR of +29.8%, recorded the highest growth rate of 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

The average chocolate bar with filling import price stood at $X per ton in 2021, jumping by 16% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Ireland ($X per ton), while the price for Poland ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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