Czech Republic - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 1, 2024

Czech Republic - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights

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Price for Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic - 2024

Contents:

  1. Price for Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic (CIF) - 2024
  2. Price for Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic (FOB) - 2024
  3. Imports of Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic
  4. Exports of Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic

Price for Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic (CIF) - 2024

The average import price for chocolate and other food preparations containing cocoa stood at $3,857 per ton in September 2023, remaining stable against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in June 2023 an increase of 8.6% against the previous month. Over the period under review, average import prices attained the peak figure in September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($3,933 per ton), while the price for Austria ($2,248 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic (FOB) - 2024

The average export price for chocolate and other food preparations containing cocoa stood at $3,897 per ton in September 2023, dropping by -4.9% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 8.7% m-o-m. As a result, the export price reached the peak level of $4,159 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($5,913 per ton), while the average price for exports to Poland ($3,590 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic

In 2022, the amount of chocolate and other food preparations containing cocoa imported into the Czech Republic rose rapidly to 25K tons, surging by 13% compared with 2021. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of chocolate and other food preparations containing cocoa expanded rapidly to $74M in 2022. The total import value increased at an average annual rate of +9.5% 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 imports increased by 16% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium13.921.929.234.935.9%
Slovakia14.917.817.516.63.7%
Italy4.23.85.25.06.0%
Poland7.22.73.63.7-19.9%
Spain1.31.42.43.741.7%
Germany3.25.43.43.20.0%
Austria2.52.62.82.61.3%
Others9.53.74.44.8-20.4%
Total56.759.268.574.59.5%

Top Suppliers of Chocolate and Other Food Preparations Containing Cocoa to the Czech Republic in 2022:

  1. Belgium (11.6K tons)
  2. Slovakia (5.5K tons)
  3. Italy (1.7K tons)
  4. Austria (1.6K tons)
  5. Spain (1.4K tons)
  6. Poland (1.2K tons)
  7. Germany (1.2K tons)

Exports of Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic

In 2022, overseas shipments of chocolate and other food preparations containing cocoa decreased by -8% to 10K tons, falling for the second year in a row after two years of growth. Overall, exports saw a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, the exports attained the peak of 14K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of chocolate and other food preparations containing cocoa dropped to $34M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports reached the peak of $39M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Chocolate and Other Food Preparations Containing Cocoa in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland15.924.623.814.4-3.2%
Hungary8.210.49.710.910.0%
Slovakia3.43.32.73.94.7%
AustriaN/A0.10.81.8324.3%
Germany0.40.40.71.348.1%
Italy0.10.10.10.681.7%
Others2.60.50.61.0-27.3%
Total30.539.438.433.93.6%

Top Export Markets for Chocolate and Other Food Preparations Containing Cocoa from the Czech Republic in 2022:

  1. Poland (4.8K tons)
  2. Hungary (3.2K tons)
  3. Slovakia (1.1K tons)
  4. Austria (0.4K tons)
  5. Germany (0.4K tons)
  6. Italy (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chocolate market in the Czech Republic. 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 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of

Country coverage:

  • Czech Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Czech Republic
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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