Chocolate Confectionery

In 2024, chocolate confectionery in Ireland remains impacted by the global cocoa and sugar shortages, which continue to drive strong price increases. High single-digit price hikes follow on from the previous year’s double-digit rises. The…

Chocolate confectionery in China saw solid retail current value growth in 2023, and this trend is expected to be maintained in 2024. Beyond the traditional formats, chocolate confectionery continues to evolve in terms of textures and tastes. First,…

Chocolate confectionery in Estonia saw an increase in value terms, whilst volume sales declined in 2024. This reduction in volume in the year is attributable to reduced chocolate confectionery consumption as a result of price hikes due to elevated…

In 2024, cocoa prices continue to significantly impact chocolate confectionery in Germany, influencing both production and retail prices. Fluctuations in cocoa costs are causing widespread repercussions, particularly for smaller players with limited…

Chocolate confectionery in Tunisia is experiencing historically high prices, with all categories set to see further double-digit increase in average retail current unit price over 2024. This surge in prices is attributed to various factors. Amid high…

Chocolate confectionery is set to see significant current value growth in Serbia in 2024. The category faced a considerable rise in unit prices in 2023, with price growth slowing down a bit in 2024. Despite inflationary pressures, which encouraged…

Chocolate confectionery is expected to register solid growth in 2024, with value growth higher than volume growth as inflation has pushed prices up. The significant rise in commodity prices, production costs, and inflation in 2023 has had a…

In contrast to other snacks categories, unit prices in chocolate confectionery continued to increase in 2024. Manufacturers were confronted by rising cocoa prices which were passed on to consumers. With the effects of the inflation crisis still…

Since 2022, chocolate confectionery in Japan has seen a steady rise in the unit price per kilogram, and this trend is anticipated to persist in 2024. Increasing prices are largely attributed to the premiumisation of confectionery, which began around…

Sales of chocolate confectionery struggled in 2023, as the cost of key ingredients including sugar and cocoa hit the manufacturers hard, with players forced to pass on the increase in production costs to the consumer. Indulgence has long maintained…

Chocolate confectionery in Uzbekistan is expected to register healthy volume growth, though constant value growth is expected to be muted, as high inflation sees consumers trading down to an extent. Players also support volume sales by offering…

The market for chocolate confectionery in Lithuania is set to register modest growth in retail volume terms in 2024, in contrast to the static performance previous year. This is due mainly due a decline in the rate of inflation, which will increase…

Chocolate confectionery is set to post positive growth in volume and value terms in Switzerland in 2024. Imports of chocolate have continued to increase. Meanwhile, record high cocoa prices have led to continued increases in product prices. While all…

Chocolate confectionery in Argentina registered an increase in retail volume sales in 2023, albeit modest and slower than the increments for gum and sugar confectionery. However, the demand for chocolate confectionery fell much more slowly than for…

Chocolate confectionery sales boomed in Uruguay in 2023, driven primarily by a surge in promotional activity and discounted pricing. With inflation outpacing price increases in the category, manufacturers adopted aggressive promotional strategies…

Retail value sales of chocolate confectionery in Australia continue to rise in 2024, despite a further fall in overall demand. Chocolate prices have been a significant issue globally, due to production issues with cocoa beans driving up the cost of…

In 2024, chocolate confectionery in Georgia witnessed higher unit price growth in comparison to the previous year, underpinning stronger current value growth. Rising production costs put upward pressure on prices due to the expected shortage in…

Chocolate confectionery in Finland is expected to see a further increase in unit prices in 2024, which will have a negative impact on demand. As such, retail volumes are expected to stagnate during the year, while current value sales will continue to…

Chocolate confectionery is maintaining its strong penetration across households in Romania in 2024, thanks to such products’ indulgent qualities and the sense of wellbeing which eating chocolate can bring. However, chocolate confectionery is also…

Chocolate confectionery in Egypt is set to witness a decline in retail volume terms in 2024, continuing the trend of the previous year. Despite the positive impact of a growing population, demand is being curtailed by substantial increases in unit…