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United Kingdom - Chocolate And Cocoa Products - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Chocolate Market Overview 2019

Chocolate Market Size in the UK

The revenue of the chocolate market in the UK amounted to $X in 2017, waning by -X% against the previous year. In general, chocolate consumption continues to indicate a measured slump. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. In that year, the chocolate market reached their peak level of $X. From 2009 to 2017, growth of the chocolate market failed to regain its momentum.

Chocolate Production in the UK

In 2017, the amount of chocolate and cocoa products produced in the UK amounted to X tonnes, coming down by -X% against the previous year. In general, chocolate production continues to indicate an abrupt drop. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The chocolate production peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Chocolate Exports in the UK

In 2017, exports of chocolate and cocoa products from the UK totaled X tonnes, picking up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2011, when exports increased by X% year-to-year. The exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, chocolate exports amounted to $X in 2017. Overall, the total exports indicated a tangible expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate exports increased by +X% against 2015 indices. The exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Chocolate Exports by Country in the UK

Ireland (X tonnes) was the main destination of chocolate exports from the UK, accounting for X% share of total exports. Moreover, chocolate exports to Ireland exceeded the volume sent to the second major destination, the Netherlands (X tonnes), threefold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Ireland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Poland (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for chocolate exports from the UK, making up X% of total chocolate exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual growth rate of value to Ireland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Germany (+X% per year).

Chocolate Export Prices by Country in the UK

In 2017, the average chocolate export price amounted to $X per tonne, leveling off at the previous year. In general, chocolate export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the average export prices for chocolate and cocoa products attained its peak figure level of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was the U.S. ($X per tonne), while average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to France (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Chocolate Imports in the UK

In 2017, chocolate imports into the UK stood at X tonnes, flattening at the previous year. In general, the total imports indicated a measured expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Over the period under review, the chocolate imports attained its peak figure volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, chocolate imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the chocolate imports reached their peak level of $X. From 2015 to 2017, growth of the chocolate imports failed to regain its momentum.

Chocolate Imports by Country in the UK

Germany (X tonnes), Poland (X tonnes) and Belgium (X tonnes) were the main suppliers of chocolate imports to the UK, together accounting for X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest chocolate suppliers to the UK were Germany ($X), Poland ($X) and Belgium ($X), with a combined X% share of total imports.

Poland (+X% per year) recorded the highest rates of growth with regard to imports, among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Chocolate Import Prices by Country in the UK

In 2017, the average chocolate import price amounted to $X per tonne, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the average import prices increased by X% y-o-y. Over the period under review, the average import prices for chocolate and cocoa products reached its maximum level of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per tonne), while prices for chocolate imports from the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belgium (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• 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)

This report provides an in-depth analysis of the chocolate market in the UK. 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 2025.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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