Central Asia: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Central Asia

The Central Asian chocolate bar with filling market expanded remarkably to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2023 and is likely to continue growth in the immediate term.

Production of Chocolate Bars With Fillings in Central Asia

In value terms, chocolate bar with filling production rose sharply to $X in 2023 estimated in export price. The total production indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Exports of Chocolate Bars With Fillings

Exports in Central Asia

In 2023, shipments abroad of chocolate bars with fillings decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. In general, exports showed a noticeable setback. The pace of growth was the most pronounced in 2022 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, chocolate bar with filling exports shrank sharply to $X in 2023. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

In 2023, Kazakhstan (X tons) was the main exporter of chocolate bars with fillings, achieving X% of total exports. Uzbekistan (X tons) took the second position in the ranking, distantly followed by Kyrgyzstan (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to chocolate bar with filling exports from Kazakhstan stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Kazakhstan and Uzbekistan increased by X and X percentage points, respectively.

In value terms, Kazakhstan ($X) remains the largest chocolate bar with filling supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Kazakhstan stood at X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw resilient growth. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chocolate Bars With Fillings

Imports in Central Asia

In 2023, supplies from abroad of chocolate bars with fillings increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, chocolate bar with filling imports rose significantly to $X in 2023. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) represented the main importers of chocolate bars with fillings in 2023, amounting to approx. X% and X% of total imports, respectively. Kyrgyzstan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (X%) and Mongolia (X%). Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest chocolate bar with filling importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), with a combined X% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform