Canada - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Canada - 2023
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Canada (FOB) - 2023
- Price for Cereal, Fruit or Nut Chocolate Bar in Canada (CIF) - 2023
- Exports of Cereal, Fruit or Nut Chocolate Bar in Canada
- Imports of Cereal, Fruit or Nut Chocolate Bar in Canada
Price for Cereal, Fruit or Nut Chocolate Bar in Canada (FOB) - 2023
In October 2023, the average export price for chocolate bars with cereals, fruit or nuts amounted to $9,183 per ton, growing by 14% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 15% m-o-m. Over the period under review, the average export prices attained the maximum at $10,766 per ton in July 2023; however, from August 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +0.8% per month.
Price for Cereal, Fruit or Nut Chocolate Bar in Canada (CIF) - 2023
In October 2023, the average import price for chocolate bars with cereals, fruit or nuts amounted to $7,780 per ton, picking up by 3.9% against the previous month. Overall, the import price saw a mild expansion. The most prominent rate of growth was recorded in January 2023 an increase of 16% against the previous month. The import price peaked in October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,833 per ton), while the price for Turkey ($4,626 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal, Fruit or Nut Chocolate Bar in Canada
In 2022, the amount of chocolate bars with cereals, fruit or nuts exported from Canada dropped slightly to 31K tons, falling by -2.7% compared with 2021 figures. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of 32K tons, and then reduced in the following year.
In value terms, exports of chocolate bars with cereals, fruit or nuts rose markedly to $290M in 2022. The total export value increased at an average annual rate of +11.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Cereal, Fruit or Nut Chocolate Bar in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 203 | 207 | 254 | 285 | 12.0% |
Others | 5.7 | 6.3 | 8.0 | 5.9 | 1.2% |
Total | 208 | 213 | 262 | 290 | 11.7% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Canada in 2022:
- United States (30.2K tons)
Imports of Cereal, Fruit or Nut Chocolate Bar in Canada
In 2022, purchases abroad of chocolate bars with cereals, fruit or nuts decreased by -3% to 29K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 7.9% against the previous year.
In value terms, imports of chocolate bars with cereals, fruit or nuts reached $192M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 9%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Cereal, Fruit or Nut Chocolate Bar in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 59.9 | 70.6 | 78.6 | 85.4 | 12.5% |
Switzerland | 40.3 | 39.2 | 41.1 | 37.8 | -2.1% |
Belgium | 8.5 | 8.6 | 9.2 | 20.1 | 33.2% |
France | 21.1 | 26.7 | 24.0 | 16.3 | -8.2% |
Germany | 13.1 | 14.3 | 16.0 | 15.0 | 4.6% |
Italy | 1.1 | 1.5 | 1.7 | 2.7 | 34.9% |
Others | 16.1 | 13.5 | 14.2 | 14.9 | -2.5% |
Total | 160 | 174 | 185 | 192 | 6.3% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Canada in 2022:
- United States (11.8K tons)
- Switzerland (6.3K tons)
- Belgium (3.3K tons)
- France (3.0K tons)
- Germany (2.1K tons)
- Italy (0.4K tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The growth of Chocolate was particularly noteworthy in January 2023, experiencing a significant month-to-month increase of 14%. However, in September 2023, the value of chocolate exports saw a slight decline, reaching a total of $175M.
The exports of Chocolate peaked at 242K tons in 2022, but declined in the following year. In value terms, Chocolate and other food preparations containing cocoa exports contracted to $654M in 2023.
The rate of growth for Chocolate reached its peak in January 2023, with a significant month-to-month increase of 20%. In terms of value, chocolate exports amounted to $55M in September 2023.
During the reviewed period, there was a slight decline in imports. In terms of value, imports of Cocoa Powder With Sugar surged to $1.3M in September 2023.
Explore the top import markets for cereal, fruit, or nut chocolate bars across the globe. Discover which countries have the highest demand for these delectable treats.
Explore the top import markets for chocolate and their key statistics, including the United States, United Kingdom, Germany, France, and more. Discover the love for chocolate around the world.
The chocolate industry is constantly changing and evolving. New trends are always emerging, and consumer behavior is always shifting.
The global chocolate market steadily expands, rising to $156B in 2020. China, the U.S. and Germany are the largest chocolate consuming countries worldwide. Italy, the UK and Germany recorded the highest per capita consumption figures in 2020.
In 2016, the global chocolate imports totaled X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016...
In 2016, the global chocolate imports totaled X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016...