In 2023, Belgium led the European market for chocolate and food preparations containing at least 18% cocoa butter in packings exceeding 2 kg, with a production value of €1.1423 billion. Other significant producers included France, Italy, and Germany with respective values of €0.64556 billion, €0.41372 billion, and €0.30608 billion. Remarkably, Italy showed a robust growth of 6.53% year-on-year, whereas Germany experienced a decline of 5.27%. Notable smaller markets such as Finland and Croatia exhibited positive growth trends, with Finland achieving the highest year-on-year growth rate at 9.74%.
Future trends to monitor include shifts in consumer preferences towards premium and ethically-sourced chocolate, potential regulatory changes affecting cocoa production, and economic fluctuations impacting disposable income. The role of innovation in ingredient composition, packaging sustainability, and expansion into niche markets could significantly reshape the industry landscape across Europe.
Top countries in Sold Production of Chocolate and Food Preparations Containing at Least 18% by Weight of Cocoa Butter in Packings Exceeding 2 Kg by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 1,142,300,000 | 2023 | +6.14% | +4.88% | View data |
| 2 | 2 France | 645,560,000 | 2023 | +2.09% | +2.7% | View data |
| 3 | 3 Italy | 413,720,000 | 2023 | +2.52% | +6.53% | View data |
| 4 | 4 Germany | 306,080,000 | 2023 | -8.35% | -5.27% | View data |
| 5 | 5 Spain | 213,210,000 | 2023 | +4.99% | +5.07% | View data |
| 6 | 6 Greece | 18,085,000 | 2023 | +3.53% | +2.49% | View data |
| 7 | 7 Denmark | 16,553,000 | 2023 | +0.55% | +0.7% | View data |
| 8 | 8 Czechia | 15,895,000 | 2023 | |||
| 9 | 9 Norway | 14,748,000 | 2021 | +139.08% | View data | |
| 10 | 10 Hungary | 9,218,700 | 2023 | -0.51% | -15.3% | View data |
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