Chocolate Confectionery

Chocolate confectionery was hit by the loss of impulse/on-the-go sales, fewer gifting occasions and a disrupted Easter period in 2020 due to Coronavirus (COVID-19), significantly affecting categories such as boxed assortments and seasonal chocolate.…

Chocolate confectionery is seeing small volume gains in Vietnam in 2024, while value is better supported by inflationary pressures leading to higher unit prices. Notably, global increases in the cost of raw ingredients such as cocoa and sugar are…

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…

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…

The Ukraine’s chocolate confectionery market is seeing some degree of recovery in terms of retail volume sales in 2024, in growth that is continuing from 2023. This follows the severe drop seen in 2022 when war broke out. Mondelez Ukraine, which…

At the end of the review period, chocolate confectionery in Turkey continues to benefit as consumers remain willing to spend more on indulgence and treats, to pamper themselves or improve their mood, despite rising unit prices amid a highly…

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…

Most categories within chocolate confectionery in the US saw retail current value growth in 2023, and this is set to continue in 2024. However, some have not enjoyed the same growth in volume terms. There are several reasons for this, amongst them is…

Following a period where inflation reached an historic 40-year high in 2023, the average unit price of chocolate confectionery in the UK increased by double digits. The heightened costs across the supply chain, including transportation, energy,…

Demand for chocolate confectionery in the United Arab Emirates continues to rise. In the local market, a rising number of health-conscious consumers are driving increasing demand for healthy snacks, significantly transforming perceptions around diet…

Retail volume sales of chocolate confectionery in the Philippines increased modestly in 2020 and 2021. Nonetheless, demand benefited from robust at-home consumption during the (COVID-19) pandemic. However, the category saw stronger growth in 2022;…

Chocolate confectionery in the Netherlands is recording robust retail current value growth in 2024, though retail volume sales are falling, and a faster rate than was recorded for the previous year. For the second consecutive year, average unit…

A challenging economic situation persists in 2024 caused by the high inflation seen in the past two years which has left consumers in the situation where they are battling with an increased cost-of-living while prices continue to rise. However, while…

Thailand has returned to normality in 2023, following the restrictions created by the COVID-19 pandemic. Consumers have returned to out-of-home, on-the-go lifestyles, along with a large number of tourists visiting the country. As such, this revival…

Chocolate confectionery is set to see current value growth in Taiwan in 2024, though volume sales are expected to fall. Demand has been undermined by the fact that the habit of snacking at home is declining. Many consumers have reduced the amount of…

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 is set to see current value growth in Sweden in 2024. Chocolate confectionery faces strong competition from sugar confectionery, chocolate coated biscuits and, in summer especially, from ice cream. Moreover, the competition…

Chocolate confectionery is seeing healthy growth in current value terms in 2024, although sales are stagnating in volume terms. Fluctuations in cocoa prices in 2024 have contributed to the positive value growth with manufacturers being forced to…

Chocolate confectionery in South Korea is expected to see low retail current value growth in 2024, along with marginal retail volume decline. Mixed developments are being seen in 2024, influenced by broader market trends and changing consumer…

Chocolate confectionery is set to record solid retail current value growth in 2023, driven by unit price increases of around 10% in most categories. Meanwhile, without innovation in terms of flavours, and digital campaigns, stronger volume declines…