Czech Republic: Confectionery Market 2022

Confectionery Market Size in the Czech Republic

In 2021, the czech confectionery market was finally on the rise to reach $X after two years of decline.The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.Confectionery consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Confectionery Production in the Czech Republic

In value terms, confectionery production rose modestly to $X in 2021 estimated in export price.The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.The most prominent rate of growth was recorded in 2017 with an increase of X the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Confectionery Exports

Exports from the Czech Republic

In 2021, exports of confectionery from the czech republic rose significantly to X tons, growing by X% compared with 2020 figures.The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period.The growth pace was the most rapid in 2015 when exports increased by X% against the previous year.The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, confectionery exports rose sharply to $X in 2021.The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period.The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), the UK (X tons) and Poland (X tons) were the main destinations of confectionery exports from the Czech Republic, with a combined X% share of total exports. These countries were followed by Germany, Hungary, France, the Netherlands, Russia, Ukraine, Austria, Sweden and Belgium, which together accounted for a further X 2012 to 2021, the biggest increases were in Ukraine (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for confectionery exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Poland, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Poland (+X% per year).

Export Prices by Country

The average confectionery export price stood at $X per ton in 2021, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into the Czech Republic

In 2021, approx. X tons of confectionery were imported into the czech republic; increasing by X% on the year before.The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period.Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, confectionery imports surged to $X in 2021.The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years.As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest confectionery supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, confectionery imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Poland (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of confectionery to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Belgium, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Belgium (+X% per year).

Import Prices by Country

The average confectionery import price stood at $X per ton in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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