Key Market Indicators
Russia's chocolate import and export are both forecasted to grow in the next five years. In 2021, Russia imported $518 million worth of chocolate and ranked 16th in the world. Australia was the top importer of chocolate, with imports valued at $518 million. Germany, France and the United Kingdom followed, in that order. Meanwhile, Russia exported $677 million worth of chocolate in 2021, ranking 11th in the world. Switzerland was the top exporter, with exports valued at $677 million. Belgium, Italy and the Netherlands were the next biggest exporters. Russia's chocolate imports and exports are expected to grow at an average rate of 0.6% and 2.5% respectively, year-on-year, over the next five years. Since 2001, the country's chocolate demand and supply have increased by 8.4% and 7.3% respectively on an annual basis.
Latest reports
Russia Confectionary Market Report- Q1 2025
In the first quarter of 2025, the Russian confectionery market faced significant challenges and transformations due to ongoing geopolitical tensions and economic sanctions....
Russia Confectionary Market Report- Q4 2024
In the fourth quarter of 2024, the Russian confectionary market demonstrated notable resilience amidst challenging macroeconomic conditions and geopolitical tensions. The industry, encompassing...
