Europe: Chocolate And Confectionery Market 2024

Chocolate And Confectionery Market Size in Europe

In 2022, the Europe chocolate and confectionery market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Chocolate And Confectionery Production in Europe

In value terms, chocolate and confectionery production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Chocolate And Confectionery Exports

Exports in Europe

After six years of growth, shipments abroad of chocolate and confectionery decreased by less than X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, chocolate and confectionery exports contracted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Germany (X tons) and the Netherlands (X tons) represented the key exporters of chocolate and confectionery in Europe, together mixing up X% of total exports. Belgium (X tons) ranks next in terms of the total exports with an X% share, followed by France (X%), Poland (X%), Italy (X%) and Russia (X%). Spain (X tons), the UK (X tons), Switzerland (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Italy, Poland, France, the UK, Switzerland, Spain, Russia and Austria lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced mixed trends in the export price figures.

Chocolate And Confectionery Imports

Imports in Europe

For the seventh consecutive year, Europe recorded growth in purchases abroad of chocolate and confectionery, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, chocolate and confectionery imports declined modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Germany (X tons), France (X tons), the Netherlands (X tons), the UK (X tons), Belgium (X tons), Poland (X tons), Russia (X tons), Spain (X tons) and Italy (X tons) represented roughly X% of total imports in 2022. The following importers - the Czech Republic (X tons), Sweden (X tons), Romania (X tons) and Austria (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chocolate and confectionery importing markets in Europe were Germany ($X), France ($X) and the UK ($X), together accounting for X% of total imports. The Netherlands, Belgium, Poland, Italy, Russia, Spain, Sweden, Austria, the Czech Republic and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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