The Estonian filled boxed chocolate market has shown a steady decline over the past decade. In 2023, the market volume fell to 350.37 thousand kilograms. This represents a continuing downward trend with a year-on-year decrease of 12.51% from 2022 and an average annual decline of 11.84% over the past five years. Significant drops in consumption started in 2018, accentuated by a double-digit decline annually thereafter.
Future trends to watch for include:
- Potential market stabilization if consumer preferences shift positively.
- Impact of economic recovery and personal income growth on chocolate consumption.
- Introduction of innovative or healthier chocolate products that could stimulate demand.
How does Estonia rank in Filled Boxed Chocolate Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 79,432,000 | 2023 | +0.89% | -0.96% | View data |
| 2 | 2 Italy | 52,868,000 | 2023 | -8.39% | -7.45% | View data |
| 3 | 3 United Kingdom | 46,622,000 | 2023 | +0.31% | +0.47% | View data |
| 4 | 4 Spain | 27,054,000 | 2023 | +1.3% | +2.39% | View data |
| 5 | 5 Finland | 12,438,000 | 2023 | +2.2% | -0.057% | View data |
| 7 | 7 Sweden | 4,078,400 | 2023 | -0.46% | -0.94% | View data |
| 8 | 8 Portugal | 3,244,300 | 2023 | +4.02% | +3.58% | View data |
| 9 | 9 Estonia | 350,270 | 2023 | -12.51% | -11.84% | |
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