Category: Chocolate
Chocolate market research reports by Euromonitor International
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Chocolate Confectionery in Pakistan
Chocolate Confectionery in Pakistan Demand for chocolate confectionery in Pakistan remains robust in 2023, despite the every-increasing rate of inflation. Soaring raw material and production costs are forcing manufacturers to look at ways to reduce unit costs. Many have shifted towards smaller pack ... Read More
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Chocolate Confectionery in Serbia
Chocolate Confectionery in Serbia Retail volume sales of chocolate confectionery continued to see positive growth in 2023, supported by the return of Serbians to their busy, pre-pandemic lifestyles, including increased opportunities for on-the-go and impulse consumption. Despite inflationary pressur ... Read More
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Chocolate Confectionery in Greece
Chocolate Confectionery in Greece Oats have emerged as an increasingly popular ingredient in chocolate confectionery among Greek consumers. Violanta, a player active in both sweet biscuits and chocolate confectionery, has capitalised on this trend by diversifying its product range and offering an in ... Read More
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Chocolate Confectionery in Bulgaria
Chocolate Confectionery in Bulgaria Recent checks by media and consumer organisations have shown certain types of chocolate confectionery – such as luxury boxed assortments and tablets – cost considerably more in Bulgaria than in other European countries where living standards are much higher. Unit ... Read More
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Chocolate Confectionery in Sweden
Chocolate Confectionery in Sweden Chocolate confectionery, as a product area, is set to see retail volume sales continue to normalise in 2023 following the surge seen during the COVID-19 pandemic. However, inflation and rising production costs had an impact on the development of unit prices in both ... Read More
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Chocolate Confectionery in Hungary
Chocolate Confectionery in Hungary Retail volume sales of sales of chocolate confectionery saw a flat performance in 2023. With food prices rocketing, consumers were forced to reduce their expenditure on non-essential items. However, while, price hikes were inevitable, there was some variation accor ... Read More
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Chocolate Confectionery in Croatia
Chocolate Confectionery in Croatia Chocolate confectionery is expected to register further current value and volume growth in 2023, with value growth higher than volume growth as inflation pushes prices up. Countlines, particularly for on-the-go formats. Euromonitor International's Chocolate Confect ... Read More
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Chocolate Confectionery in Kazakhstan
Chocolate Confectionery in Kazakhstan In 2023, the chocolate confectionery category is set to see a slight recovery after a drop in sales in the previous year. The main reason for the poor performance in 2022 was problems with the supply of products, as well as raw materials for local companies to u ... Read More
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Chocolate Confectionery in Argentina
Chocolate Confectionery in Argentina In 2022, retail sales of chocolate confectionery experienced robust double-digit growth in volume terms. This upward trend is expected to continue in 2023, albeit at a slower pace. The strong performance can be attributed to the recovery of kiosks, which were sev ... Read More
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Chocolate Confectionery in Spain
Chocolate Confectionery in Spain Chocolate confectionery suffered less from inflation in 2022 compared to many other food categories as global cocoa prices remained stable. However, rising prices of ingredients such as sugar, milk, and oils still put additional pressure on manufacturers, forcing the ... Read More
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Chocolate Confectionery in Peru
Chocolate Confectionery in Peru Chocolate confectionery registered modest growth in 2022 as volume sales contracted and value sales recorded slow growth. However, in 2023 volume sales are expected to rise if modestly, while value growth will be significant, enabling the category to recover to pre-pa ... Read More
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Chocolate Confectionery in Bolivia
Chocolate Confectionery in Bolivia Chocolate confectionery recorded moderate retail volume growth in 2023. While the market increased in impulse sales with the return of children to schools in 2022, growth did not continue in 2023 as young students showed increased interest in impulse purchases of o ... Read More
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Chocolate Confectionery in Finland
Chocolate Confectionery in Finland Inflation and increasing production costs are lifting unit prices in 2023, resulting in healthy retail value growth. Euromonitor International's Chocolate Confectionery in Finland report offers in-depth knowledge of the market at a national level, providing local i ... Read More
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Chocolate Confectionery in Estonia
Chocolate Confectionery in Estonia Chocolate confectionery is expected to be the best performing snack in 2023, with healthy constant value and volume growth. Per capita consumption is on the rise, largely fuelled by a growing appetite for dark chocolate, which is seen as healthier. That being said, ... Read More
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Chocolate Confectionery in Ecuador
Chocolate Confectionery in Ecuador The consumption of chocolate confectionery is heavily reliant on purchases made in the traditional channel, where a significant proportion of sales is driven by impulse buying. With the pandemic now behind them, consumers have been able to return to normal lifestyl ... Read More
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Chocolate Confectionery in Egypt
Chocolate Confectionery in Egypt Chocolate confectionery in Egypt is set to witness a small decrease in volume sales and a significant increase in value sales in 2023. Although demand for chocolate confectionery is supported by ongoing population expansion and urbanisation, these trends in value and ... Read More
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Chocolate Confectionery in the Czech Republic
Chocolate Confectionery in the Czech Republic There was an increase in retail volume sales of chocolate confectionery in 2023 due to two contributing factors. First, the lifting of COVID-19 pandemic restrictions has seen much of the local workforce return to the office after working from home, and t ... Read More
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Chocolate Confectionery in Colombia
Chocolate Confectionery in Colombia Chocolate confectionery in Colombia is undergoing a revival, exhibiting encouraging signs of both retail value and volume growth in 2023. Nonetheless, progress is set to be relatively subdued - a result of persisting consumer habits of staying indoors thanks to on ... Read More
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Chocolate Confectionery in Georgia
Chocolate Confectionery in Georgia Chocolate confectionery continued to face inflationary pressures in 2023, following an increase of between 10-15% in unit prices in 2022. The war in Ukraine and subsequent changes in logistics impacted the supply chain and drove up variable costs. In response, play ... Read More
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Chocolate Confectionery in Denmark
Chocolate Confectionery in Denmark The high rate of inflation prevailing in 2022 and 2023 has not had a major negative impact on the chocolate confectionery category in Denmark. Local players have managed to increase their sales and value by increasing prices, while favourable exchange rates, the re ... Read More
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Chocolate Confectionery in Azerbaijan
Chocolate Confectionery in Azerbaijan Chocolate confectionery is expected to register healthy volume and constant value growth in 2023, despite continuing economic uncertainty. Azerbaijan’s high energy export revenue should protect the economy to an extent. That being said, inflation is expected to ... Read More
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Chocolate Confectionery in Costa Rica
Chocolate Confectionery in Costa Rica Chocolate confectionery has enjoyed robust growth during the review period, even during the COVID-19 pandemic. The upward trend continued in 2023, as the desire to indulge with chocolate confectionery remains high. Lingering concerns regarding the war in Ukraine ... Read More
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Chocolate Confectionery in the Netherlands
Chocolate Confectionery in the Netherlands During the pandemic, consumers sought comfort in chocolate due to spending more time at home and had limited access to foodservice outlets. However, in 2023, there is a slight decline in chocolate sales volume, especially noticeable in the tablets category. ... Read More
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Chocolate Confectionery in Dominican Republic
Chocolate Confectionery in Dominican Republic Despite higher unit prices and worrisome inflationary pressures, chocolate confectionery enjoyed modest retail volume growth in 2023. Many Dominicans are confronted with lower purchasing power as the cost of living remains above average. Nevertheless, co ... Read More
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Chocolate Confectionery in New Zealand
Chocolate Confectionery in New Zealand While New Zealand has returned to a sense of normality post-pandemic, the wider effects of it continue to linger in the form of sustainably high rates of inflation. The drivers behind this are multi-faceted, with the Reserve Bank of New Zealand dropping interes ... Read More
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