Romania Chocolate Industry Outlook 2022 - 2026

Key Market Indicators

Romanian import and export of chocolate is set to increase over the next five years, according to a recent report. In 2021, Romania was the world's 22nd largest importer of chocolate, with a value of $439 million. Over the next five years, imports are expected to grow at a compound annual growth rate (CAGR) of 3 percent, reaching $436 million by 2026. Since 1994, demand for chocolate in Romania has grown at an average rate of 7.2 percent per year. South Korea came ahead of Romania in 2021, with imports valued at $363 million. Germany, France and the United Kingdom were the second, third and fourth largest importers, respectively. Meanwhile, Romania was the world's 35th largest exporter of chocolate in 2021, with exports valued at $111 million. Over the next five years, exports are expected to grow at a compound annual growth rate of 3.2 percent, reaching $136 million by 2026. Since 1996, the value of Romanian chocolate exports has grown at an average rate of 7.2 percent per year. Ukraine overtook Romania in 2021, with exports valued at $111 million. Belgium, Italy and the Netherlands ranked second, third and fourth in the export ranking, respectively.

Romania Chocolate Market Data and Forecasts

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