Italy - Chocolate And Confectionery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChocolate and Confectionery Price in Italy - 2023
Contents:
- Chocolate and Confectionery Price in Italy (FOB) - 2023
- Chocolate and Confectionery Price in Italy (CIF) - 2023
- Chocolate and Confectionery Exports in Italy
- Chocolate and Confectionery Imports in Italy
Chocolate and Confectionery Price in Italy (FOB) - 2023
In July 2023, the average chocolate and confectionery export price amounted to $6,627 per ton, remaining relatively unchanged against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in September 2022 an increase of 8.6% m-o-m. Over the period under review, the average export prices attained the maximum in July 2023.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($11,146 per ton), while the average price for exports to Belgium ($4,778 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Chocolate and Confectionery Price in Italy (CIF) - 2023
In July 2023, the average chocolate and confectionery import price amounted to $5,194 per ton, falling by -1.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices reached the peak figure at $5,507 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($6,962 per ton), while the price for Ghana ($3,846 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Chocolate and Confectionery Exports in Italy
In 2022, the amount of chocolate and confectionery exported from Italy amounted to 433K tons, growing by 8.3% on the previous year. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 11%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, chocolate and confectionery exports dropped slightly to $2.5B in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $2.5B, and then fell slightly in the following year.
| Export of Chocolate and Confectionery in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 394 | 402 | 418 | 401 | 0.6% |
| Germany | 178 | 191 | 260 | 236 | 9.9% |
| United Kingdom | 152 | 169 | 197 | 172 | 4.2% |
| Spain | 122 | 111 | 137 | 138 | 4.2% |
| United States | 62.5 | 64.4 | 84.6 | 124 | 25.7% |
| Poland | 93.2 | 99.0 | 128 | 121 | 9.1% |
| Belgium | 101 | 102 | 114 | 107 | 1.9% |
| Canada | 34.9 | 43.7 | 64.6 | 74.9 | 29.0% |
| Australia | 60.2 | 59.3 | 69.8 | 69.3 | 4.8% |
| Netherlands | 67.9 | 51.3 | 54.8 | 59.3 | -4.4% |
| Saudi Arabia | 38.4 | 55.8 | 63.5 | 56.6 | 13.8% |
| Austria | 50.8 | 49.4 | 45.1 | 48.2 | -1.7% |
| Russia | 46.3 | 43.8 | 50.1 | 48.2 | 1.3% |
| Others | 771 | 736 | 858 | 833 | 2.6% |
| Total | 2,173 | 2,178 | 2,545 | 2,489 | 4.6% |
Top Export Markets for Chocolate and Confectionery from Italy in 2022:
- France (74.5K tons)
- Germany (43.5K tons)
- Belgium (27.9K tons)
- United Kingdom (27.1K tons)
- Poland (25.3K tons)
- Spain (23.1K tons)
- United States (15.8K tons)
- Canada (11.5K tons)
- Netherlands (10.7K tons)
- Saudi Arabia (10.3K tons)
- Australia (9.9K tons)
- Russia (9.8K tons)
- Austria (9.7K tons)
Chocolate and Confectionery Imports in Italy
For the fourth consecutive year, Italy recorded growth in purchases abroad of chocolate and confectionery, which increased by 4.1% to 262K tons in 2022. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, chocolate and confectionery imports shrank slightly to $1.2B in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. As a result, imports attained the peak of $1.2B, and then fell modestly in the following year.
| Import of Chocolate and Confectionery in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 390 | 389 | 431 | 432 | 3.5% |
| Netherlands | 130 | 124 | 148 | 159 | 6.9% |
| France | 174 | 156 | 198 | 155 | -3.8% |
| Belgium | 89.1 | 91.1 | 113 | 95.5 | 2.3% |
| Switzerland | 58.7 | 60.6 | 65.5 | 66.9 | 4.5% |
| Poland | 58.7 | 64.6 | 67.4 | 62.6 | 2.2% |
| Spain | 29.5 | 33.8 | 51.4 | 50.8 | 19.9% |
| Others | 82.3 | 162 | 147 | 164 | 25.8% |
| Total | 1,012 | 1,081 | 1,222 | 1,187 | 5.5% |
Top Suppliers of Chocolate and Confectionery to Italy in 2022:
- Germany (95.3K tons)
- Netherlands (42.6K tons)
- France (34.9K tons)
- Belgium (24.2K tons)
- Switzerland (13.2K tons)
- Spain (13.1K tons)
- Poland (8.3K tons)
This report provides an in-depth analysis of the chocolate and confectionery market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)
- Prodcom 10821200 - Cocoa butter, fat and oil
- Prodcom 10821300 - Cocoa powder, not containing added sugar or other sweetening matter
- Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter
- Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
- Prodcom 10822150 - Chocolate milk crumb containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg
- Prodcom 10822170 - Chocolate flavour coating containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg
- Prodcom 10822190 - Food preparations containing <18 % of cocoa butter and in packings weighing > 2 kg (excluding chocolate flavour coating, chocolate milk crumb)
- Prodcom 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)
- Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
- Prodcom 10822239 - Chocolate blocks, slabs or bars (excluding filled, with added cereal, fruit or nuts, chocolate biscuits)
- Prodcom 10822243 - Chocolates (including pralines) containing alcohol (excluding in blocks, slabs or bars)
- Prodcom 10822245 - Chocolates (excluding those containing alcohol, in blocks, s labs or bars)
- Prodcom 10822253 - Filled chocolate confectionery (excluding in blocks, slabs or bars, chocolate biscuits, chocolates)
- Prodcom 10822255 - Chocolate confectionery (excluding filled, in blocks, slabs or bars, chocolate biscuits, chocolates)
- Prodcom 10822260 - Sugar confectionery and substitutes therefor made from sugar substitution products, containing cocoa (including chocolate nougat) (excluding white chocolate)
- Prodcom 10822270 - Chocolate spreads
- Prodcom 10822280 - Preparations containing cocoa for making beverages
- Prodcom 10822290 - Food products with cocoa (excluding cocoa paste, butter, p owder, blocks, slabs, bars, liquid, paste, powder, granular, o ther bulk form in packings > 2 kg, to make beverages, c hocolate spreads)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the chocolate and confectionery market in Italy.
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This report provides an in-depth analysis of the chocolate market in Italy.
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This report provides an in-depth analysis of the chocolate market in Italy.
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This report provides an in-depth analysis of the market for chocolate bar with filling in Italy.
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This report provides an in-depth analysis of the chocolate flavour coating market in Italy.
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This report provides an in-depth analysis of the chocolate milk crumb market in Italy.
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This report provides an in-depth analysis of the chocolate spread market in Italy.
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This report provides an in-depth analysis of the chocolates with alcohol market in Italy.
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This report provides an in-depth analysis of the market for cocoa powder with sugar in Italy.
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This report provides an in-depth analysis of the market for cocoa for making beverages in Italy.
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In May 2023, the growth rate of Chocolate And Confectionery was the most rapid, increasing by 39% compared to the previous month. In June 2023, the value of chocolate and confectionery exports rose significantly to $203M.
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In February 2023, the chocolate price stood at $6,238 per ton (FOB, Italy), with an increase of 3.2% against the previous month.
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In March 2023, the chocolate price amounted to $3,986 per ton (FOB, Italy), approximately equating the previous month.
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The exports of Chocolate Bar With Filling reached their highest point in September 2023, with a value of $27M.
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Explore the top import markets for chocolate and confectionery products worldwide, backed by key statistics and data from the IndexBox market intelligence platform.
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Discover the best import markets for chocolate and confectionery, including the United States, Germany, France, the United Kingdom, and the Netherlands. Explore market trends, consumer preferences, and growth opportunities in these thriving markets.
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The global chocolate and confectionery market reduced slightly to $236.6B in 2022, flattening at the previous year....
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Explore the top import markets for chocolate and their key statistics, including the United States, United Kingdom, Germany, France, and more. Discover the love for chocolate around the world.
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The chocolate industry is constantly changing and evolving. New trends are always emerging, and consumer behavior is always shifting.
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The global chocolate market steadily expands, rising to $156B in 2020. China, the U.S. and Germany are the largest chocolate consuming countries worldwide. Italy, the UK and Germany recorded the highest per capita consumption figures in 2020.
