Serbia - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Serbia - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Chocolate Bar with Filling in Serbia - 2023

Contents:

  1. Price for Chocolate Bar with Filling in Serbia (CIF) - 2023
  2. Price for Chocolate Bar with Filling in Serbia (FOB) - 2023
  3. Imports of Chocolate Bar with Filling in Serbia
  4. Exports of Chocolate Bar with Filling in Serbia

Price for Chocolate Bar with Filling in Serbia (CIF) - 2023

In November 2023, the average chocolate bar with filling import price amounted to $5,336 per ton, with a decrease of -9.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 17% m-o-m. The import price peaked at $5,949 per ton in September 2023; however, from October 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($6,284 per ton), while the price for Turkey ($2,346 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chocolate Bar with Filling in Serbia (FOB) - 2023

The average chocolate bar with filling export price stood at $5,065 per ton in November 2023, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices attained the peak figure at $5,706 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Croatia ($6,155 per ton), while the average price for exports to Slovakia ($3,502 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bar with Filling in Serbia

For the fourth year in a row, Serbia recorded growth in overseas purchases of chocolate bars with fillings, which increased by 2.6% to 6.4K tons in 2022. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, chocolate bar with filling imports declined modestly to $29M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 18%.

Import of Chocolate Bar with Filling in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.510.110.511.214.3%
Austria6.16.06.05.5-3.4%
Netherlands2.62.33.23.04.9%
Poland2.22.82.32.42.9%
Spain1.30.80.80.9-11.5%
Turkey0.20.20.70.858.7%
Croatia0.40.41.60.826.0%
Bulgaria0.70.50.50.3-24.6%
Others1.63.73.73.833.4%
Total22.726.829.428.78.1%

Top Suppliers of Chocolate Bar with Filling to Serbia in 2022:

  1. Germany (2124.4 tons)
  2. Austria (1336.2 tons)
  3. Netherlands (1158.1 tons)
  4. Poland (589.1 tons)
  5. Spain (272.1 tons)
  6. Turkey (223.9 tons)
  7. Croatia (155.7 tons)
  8. Bulgaria (65.5 tons)

Exports of Chocolate Bar with Filling in Serbia

After two years of decline, shipments abroad of chocolate bars with fillings increased by 0.8% to 2.5K tons in 2022. Overall, exports, however, showed a deep setback.

In value terms, chocolate bar with filling exports fell to $11M in 2022. Over the period under review, exports, however, recorded a drastic downturn.

Export of Chocolate Bar with Filling in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina5.14.44.63.3-13.5%
Russia5.23.52.12.9-17.7%
North Macedonia1.41.41.51.3-2.4%
Montenegro1.00.70.80.7-11.2%
Croatia0.20.20.30.644.2%
Romania0.2N/AN/A0.314.5%
Netherlands0.20.20.30.314.5%
United States1.00.20.5N/A-29.3%
Others0.90.80.71.16.9%
Total15.211.510.810.7-11.0%

Top Export Markets for Chocolate Bar with Filling from Serbia in 2022:

  1. Bosnia and Herzegovina (748.2 tons)
  2. Russia (652.3 tons)
  3. North Macedonia (392.0 tons)
  4. Montenegro (176.8 tons)
  5. Croatia (167.3 tons)
  6. Netherlands (72.5 tons)
  7. Romania (54.1 tons)
  8. United States (5.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for chocolate bar with filling in Serbia. 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 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)

Country coverage:

  • Serbia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Serbia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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