South Africa - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chocolate Bar with Filling in South Africa - 2023
Contents:
- Price for Chocolate Bar with Filling in South Africa (CIF) - 2022
- Price for Chocolate Bar with Filling in South Africa (FOB) - 2023
- Imports of Chocolate Bar with Filling in South Africa
- Exports of Chocolate Bar with Filling in South Africa
Price for Chocolate Bar with Filling in South Africa (CIF) - 2022
The average chocolate bar with filling import price stood at $2,784 per ton in 2022, increasing by 6.3% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 9.1%. The import price peaked at $4,050 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($6,948 per ton), while the price for Turkey ($374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chocolate Bar with Filling in South Africa (FOB) - 2023
The average chocolate bar with filling export price stood at $4,459 per ton in July 2023, dropping by -29.8% against the previous month. In general, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in November 2022 an increase of 21% m-o-m. Over the period under review, the average export prices hit record highs at $6,356 per ton in June 2023, and then dropped notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Namibia ($7,970 per ton), while the average price for exports to Mauritius ($2,039 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 Tanzania (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chocolate Bar with Filling in South Africa
Chocolate bar with filling imports into South Africa totaled 9.3K tons in 2022, approximately mirroring 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, chocolate bar with filling imports rose notably to $26M in 2022. In general, imports, however, recorded a perceptible curtailment.
| Import of Chocolate Bar with Filling in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 5.6 | 5.8 | 4.4 | 5.9 | 1.8% |
| Poland | 3.3 | 3.3 | 2.6 | 2.9 | -4.2% |
| Germany | 3.0 | 3.0 | 3.6 | 2.8 | -2.3% |
| Netherlands | 1.7 | 2.0 | 2.5 | 2.6 | 15.2% |
| United Kingdom | 3.4 | 3.1 | 5.1 | 2.6 | -8.6% |
| Egypt | 2.7 | 2.0 | 0.2 | 2.4 | -3.9% |
| Bulgaria | 0.6 | 0.5 | 1.6 | 1.8 | 44.2% |
| Turkey | 1.2 | 0.6 | 1.3 | 1.2 | 0.0% |
| Swaziland | 3.6 | 0.2 | N/A | N/A | -94.4% |
| Others | 3.3 | 3.8 | 2.9 | 3.6 | 2.9% |
| Total | 28.4 | 24.4 | 24.2 | 25.9 | -3.0% |
Top Suppliers of Chocolate Bar with Filling to South Africa in 2022:
- Turkey (3.3K tons)
- Ireland (1.4K tons)
- Netherlands (1.0K tons)
- Poland (0.9K tons)
- Egypt (0.6K tons)
- Germany (0.5K tons)
- United Kingdom (0.4K tons)
- Bulgaria (0.4K tons)
Exports of Chocolate Bar with Filling in South Africa
In 2022, after two years of decline, there was significant growth in shipments abroad of chocolate bars with fillings, when their volume increased by 22% to 2.6K tons. Overall, exports, however, showed a pronounced curtailment.
In value terms, chocolate bar with filling exports surged to $16M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chocolate Bar with Filling in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 2,689 | 3,253 | 3,410 | 3,754 | 11.8% |
| Zambia | 2,058 | 1,756 | 2,116 | 2,651 | 8.8% |
| Zimbabwe | 901 | 711 | 1,446 | 1,656 | 22.5% |
| Kenya | 898 | 125 | 52.3 | 980 | 3.0% |
| Malaysia | N/A | N/A | N/A | 580 | 0% |
| Portugal | N/A | N/A | 675 | 565 | -16.3% |
| United States | 69.1 | 287 | 924 | 506 | 94.2% |
| Botswana | 3,883 | 2,402 | 653 | 491 | -49.8% |
| Angola | 244 | 80.2 | 52.0 | 449 | 22.5% |
| Democratic Republic of the Congo | 244 | 244 | 222 | 443 | 22.0% |
| Malawi | 172 | 753 | 208 | 441 | 36.9% |
| Australia | 193 | 370 | 365 | 355 | 22.5% |
| Swaziland | 201 | 391 | 540 | 266 | 9.8% |
| Others | 3,894 | 3,085 | 2,847 | 2,839 | -10.0% |
| Total | 15,448 | 13,458 | 13,510 | 15,977 | 1.1% |
Top Export Markets for Chocolate Bar with Filling from South Africa in 2022:
- Namibia (548.7 tons)
- Zambia (487.7 tons)
- Zimbabwe (345.6 tons)
- Kenya (167.9 tons)
- Botswana (102.6 tons)
- Democratic Republic of the Congo (95.3 tons)
- Swaziland (81.6 tons)
- Malaysia (76.4 tons)
- Australia (76.0 tons)
- Portugal (73.9 tons)
- United States (72.1 tons)
- Malawi (70.9 tons)
- Angola (69.6 tons)
This report provides an in-depth analysis of the market for chocolate bar with filling in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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