EU: Market for Chocolate Bars with Cereals, Fruit or Nuts 2024

Market Size for Chocolate Bars with Cereals, Fruit or Nuts in the EU

The EU market for chocolate bars with cereals, fruit or nuts contracted to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Chocolate Bars with Cereals, Fruit or Nuts in the EU

In value terms, production of chocolate bars with cereals, fruit or nuts expanded remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

Exports of Chocolate Bars with Cereals, Fruit or Nuts

Exports in the EU

Exports of chocolate bars with cereals, fruit or nuts totaled X tons in 2022, approximately equating the previous year's figure. 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 in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of chocolate bars with cereals, fruit or nuts dropped modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period 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 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2021, and then declined modestly in the following year.

Exports by Country

In 2022, Germany (X tons) represented the major exporter of chocolate bars with cereals, fruit or nuts, constituting X% of total exports. It was distantly followed by Poland (X tons), Belgium (X tons), France (X tons), Austria (X tons) and Spain (X tons), together constituting a X% share of total exports. The Netherlands (X tons), Ireland (X tons), Bulgaria (X tons), Italy (X tons), Croatia (X tons), Sweden (X tons) and Slovakia (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cereal, fruit or nut chocolate bar exports from Germany stood at X%. At the same time, Croatia (X%), Poland (X%), Bulgaria (X%), the Netherlands (X%), Spain (X%), Ireland (X%), Austria (X%), Italy (X%), Sweden (X%), Slovakia (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Croatia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium and France saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest cereal, fruit or nut chocolate bar supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with an X% share of total exports. It was followed by Belgium, with a X% share.

In Germany, exports of chocolate bars with cereals, fruit or nuts increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Imports of Chocolate Bars with Cereals, Fruit or Nuts

Imports in the EU

For the seventh year in a row, the European Union recorded growth in overseas purchases of chocolate bars with cereals, fruit or nuts, 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 somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, imports of chocolate bars with cereals, fruit or nuts declined 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 being observed throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then shrank slightly in the following year.

Imports by Country

In 2022, France (X tons) and Germany (X tons) were the major importers of chocolate bars with cereals, fruit or nuts in the European Union, together recording approx. X% of total imports. It was distantly followed by Belgium (X tons), the Netherlands (X tons), Italy (X tons), Spain (X tons) and Poland (X tons), together committing a X% share of total imports. Slovakia (X tons), Austria (X tons), the Czech Republic (X tons), Sweden (X tons), Romania (X tons) and Croatia (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Croatia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Belgium, Poland, Spain, Italy, Slovakia, Austria, the Czech Republic, Sweden, Romania and Croatia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Slovakia, with a CAGR of X%, saw 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

The import price in the European Union stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Germany ($X per ton) and Slovakia ($X per ton), while Italy ($X per ton) and Croatia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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