Ukraine: Market for Chocolate Bars With Fillings 2022

Market Size for Chocolate Bars With Fillings in Ukraine

In 2021, the Ukrainian chocolate bar with filling market increased by 12% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption, however, showed a slight shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Chocolate Bars With Fillings in Ukraine

In value terms, chocolate bar with filling production totaled $X in 2021 estimated in export price. Overall, production, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2019 when the production volume increased by 24% against the previous year. Chocolate bar with filling production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Chocolate Bars With Fillings

Exports from Ukraine

In 2021, shipments abroad of chocolate bars with fillings increased by 11% to X tons, rising for the sixth consecutive year after three years of decline. Overall, exports saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 240%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, chocolate bar with filling exports skyrocketed to $X in 2021. In general, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 196% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Romania (X tons), Belarus (X tons) and Kazakhstan (X tons) were the main destinations of chocolate bar with filling exports from Ukraine, together comprising 41% of total exports. These countries were followed by Hungary, Poland, Bulgaria, Yemen, Georgia, Uzbekistan, Moldova, North Macedonia, Azerbaijan, Israel and Russia, which together accounted for a further 42%.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +307.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Belarus ($X) and Kazakhstan ($X) appeared to be the largest markets for chocolate bar with filling exported from Ukraine worldwide, with a combined 42% share of total exports. These countries were followed by Hungary, Bulgaria, Poland, Yemen, Georgia, Uzbekistan, Moldova, Azerbaijan, North Macedonia, Israel and Russia, which together accounted for a further 42%.

Bulgaria, with a CAGR of +518.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chocolate bar with filling export price stood at $X per ton in 2021, increasing by 7.6% against the previous year. Over the period under review, the export price, however, continues to indicate a slight slump. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to North Macedonia ($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 Russia (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chocolate Bars With Fillings

Imports into Ukraine

In 2021, purchases abroad of chocolate bars with fillings increased by 10% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports recorded a modest expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 45% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, chocolate bar with filling imports rose sharply to $X in 2021. In general, imports recorded a notable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 52%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Austria (X tons) were the main suppliers of chocolate bar with filling imports to Ukraine, with a combined 69% share of total imports. These countries were followed by Germany, Bulgaria, the Czech Republic and Hungary, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +237.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Austria ($X) and Germany ($X) appeared to be the largest chocolate bar with filling suppliers to Ukraine, with a combined 60% share of total imports. The Netherlands, Bulgaria, the Czech Republic and Hungary lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, the Czech Republic, with a CAGR of +177.6%, saw the highest growth rate of 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 2021, the average chocolate bar with filling import price amounted to $X per ton, rising by 3.3% 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 2020 an increase of 8.6%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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