The European Chocolate Harmonized Index of Consumer Prices (HICP) varies across countries with Albania at 12.754 and Ireland at 8.1 in thousands, based on 2023 data forecasts. Year-on-year variations for 2022 have shown notable increases in countries like Latvia (5.22%), Czech Republic (6.65%), and Hungary (5.51%), whereas Italy (-0.51%), Switzerland (-0.58%), and Slovenia (-2.58%) experienced declines. Longer-term CAGR evaluations can provide deeper insights into sustained trends over the past five years.
Future trends for European Chocolate HICP by country suggest a potential stabilization of prices in regions with recent spikes. Monitoring geopolitical factors, commodity prices, and consumer demand will be critical in forecasting future HICP values. Additionally, economic policies aimed at curbing inflation may influence the price trajectory of chocolate across various European markets.
Top countries in Chocolate HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Albania | 127.54 | 2022 | +6.7% | View data | |
| 2 | 2 Latvia | 127.46 | 2022 | +14.74% | +5.22% | View data |
| 3 | 3 Lithuania | 125.93 | 2022 | +10.71% | +2.63% | View data |
| 4 | 4 Estonia | 124.71 | 2022 | +9.67% | View data | |
| 5 | 5 Bulgaria | 124.26 | 2022 | +12.29% | +3.16% | View data |
| 6 | 6 Czech Republic | 123.5 | 2022 | +8.52% | +6.65% | View data |
| 7 | 7 Malta | 121.99 | 2022 | +8.49% | View data | |
| 8 | 8 Hungary | 121.46 | 2022 | +12.13% | +5.51% | View data |
| 9 | 9 Poland | 121.1 | 2022 | +5.86% | +3.51% | View data |
| 10 | 10 Serbia | 119.7 | 2022 | +8.03% | View data |