Uzbekistan: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Uzbekistan

For the fourth consecutive year, the Uzbek chocolate bar with filling market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption enjoyed a prominent increase. Chocolate bar with filling consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Chocolate Bars With Fillings in Uzbekistan

In value terms, chocolate bar with filling production stood at $X in 2022 estimated in export price. In general, production showed moderate growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Chocolate Bars With Fillings

Exports from Uzbekistan

In 2022, after three years of growth, there was significant decline in overseas shipments of chocolate bars with fillings, when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, chocolate bar with filling exports reduced remarkably to $X in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Russia (X tons), Tajikistan (X tons) and Kazakhstan (X tons) were the main destinations of chocolate bar with filling exports from Uzbekistan, with a combined X% share of total exports. Iraq, Azerbaijan, Kyrgyzstan, Mongolia, Afghanistan, Armenia and China lagged somewhat behind, together accounting for a further X%.

From 2017 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for chocolate bars with fillings exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Tajikistan, with an X% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The average chocolate bar with filling export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, export price indicated a notable expansion from 2017 to 2022: its price increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chocolate bar with filling export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bars With Fillings

Imports into Uzbekistan

After two years of decline, supplies from abroad of chocolate bars with fillings increased by X% to X tons in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, chocolate bar with filling imports contracted modestly to $X in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

Russia (X tons), Poland (X tons) and Kazakhstan (X tons) were the main suppliers of chocolate bar with filling imports to Uzbekistan, together comprising X% of total imports. Ukraine, Belarus, Turkey and Austria lagged somewhat behind, together comprising a further X%.

From 2017 to 2022, the biggest increases were recorded for Austria (with a CAGR of X.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Ukraine ($X) were the largest chocolate bar with filling suppliers to Uzbekistan, together comprising X% of total imports. Kazakhstan, Belarus, Austria and Turkey lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Austria, with a CAGR of X.6%, 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 average chocolate bar with filling import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, import price indicated modest growth from 2017 to 2022: its price increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chocolate bar with filling import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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