Chocolate and cocoa products market Ukraine

Earlier Report Observations

The market for chocolate and cocoa products in Ukraine remained stable at around 50 000 tonnes in 2018 and 2019. It then expanded sharply, reaching 62 813 tonnes in 2020 and 73 172 tonnes in 2021, a 46% increase over two years.

In 2022, market volume dropped by 29% to 52 024 tonnes. This decline coincided with higher cocoa product prices from major producers Ghana and Ivory Coast, alongside global supply chain disruptions, which raised production costs and reduced availability.

By 2023, the market saw a modest contraction to 50 890 tonnes, down 2.2% from the previous year, indicating a period of stabilization after the earlier volatility.

Production chocolate and cocoa products Ukraine

In kind, 2017-2020, t

From 2017 to 2020, Ukraine ranked as the 12th largest producer of chocolate and cocoa products globally.

Top producers of chocolate and cocoa products, 2017-2020

World map of production of chocolate and cocoa products, 2017-2020

Ukraine's production of chocolate and cocoa products declined for the second year in a row. In 2020, the country produced 77 512 tonnes, marking a moderate decrease of 3.5% compared to the previous year. Over the 2017-2020 period, production grew by 9.7%, with an average annual growth rate of 3.1%. The highest production volume was recorded in 2018 at 85 697 tonnes, which represented a significant increase of 21.3% from the prior year. In contrast, 2019 saw the largest decline, with production dropping by 6.2%.

Annual dynamics of production Ukraine in kind, 2017-2020, t

In value, 2017-2020, M $ US

The value of chocolate and cocoa products production in Ukraine fell for the second consecutive year. In 2020, output was valued at 212.7 million US dollars, remaining nearly unchanged from 2019. Over the 2017-2020 period, production value increased by 20.9%, with an average annual growth rate of 6.5%. The peak value occurred in 2018 at 231.7 million US dollars, reflecting a substantial rise of 31.7% from the previous year. The largest decrease was recorded in 2019, with an 8.0% drop.

Annual dynamics of production Ukraine in value, 2017-2020, M $ US

Exports chocolate and cocoa products to Ukraine

Exports in kind, t

Following two years of growth, Ukraine's exports of chocolate and cocoa products declined. In 2020, exports totaled 57 732 tonnes, a decrease of 9.7% compared to the previous year. Over the 2017-2020 period, exports fell by 5.5%, with an average annual decline of 1.9%. The highest export volume was in 2019 at 63 922 tonnes, while the largest increase occurred in 2018, with a 3.8% rise.

Annual dynamics of product's exports to Ukraine in kind, 2017-2020, t

From 2017 to 2020, Ukraine's export portfolio for chocolate and cocoa products in kind was diverse. Kazakhstan accounted for 10.1% of exports, Belarus for 9.0%, and Romania for 8.1%. Together, these three countries represented only 27.2% of total export flows, indicating a broad distribution among many other partners.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports to Ukraine in kind, 2017-2020

Exports in value, M $ US

Ukraine's exports of chocolate and cocoa products in value terms declined for the second consecutive year. In 2020, exports amounted to 158.4 million US dollars, reflecting a moderate decrease of 6.6% from the previous year. Between 2017 and 2020, exports increased by 4.2%, equating to an average annual growth rate of 1.4%. The peak value was recorded in 2018 at 171.4 million US dollars, which saw the largest increase of 12.7%.

Annual dynamics of product's exports to Ukraine in value, 2017-2020, M $ US

During the 2017-2020 period, Kazakhstan, Belarus, and Romania were key buyers of Ukrainian chocolate and cocoa products in value terms, with shares of 11.3%, 9.3%, and 6.6%, respectively. However, their combined share reached only 27.2% of total exports, while the remaining 72.8% was distributed among numerous other trading partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports to Ukraine in value, 2017-2020

Imports chocolate and cocoa products in Ukraine

Imports in kind, t

Ukraine's imports of chocolate and cocoa products in kind increased for the third consecutive year. In 2020, import volume reached 43 034 tonnes, a gain of 28.1% compared to 2019. Over the 2017-2020 period, imports surged by 111.7%, with an average annual growth rate of 28.4%.

Annual dynamics of product's imports in Ukraine in kind, 2017-2020, t

From 2017 to 2020, Poland, the Netherlands, and Germany were the main sources of chocolate and cocoa products imports to Ukraine in kind. Poland accounted for 34.3% of imports, the Netherlands for 21.2%, and Germany for 10.3%. Together, these three countries represented 65.8% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports in Ukraine in kind, 2017-2020

Imports in value, M $ US

Ukraine's imports of chocolate and cocoa products in value terms rose for the third year in a row. In 2020, imports were approximately 189.1 million US dollars, which is 25.7% higher than the previous year. Over the 2017-2020 period, imports increased by 104.9%, with an average annual growth rate of 27.0%.

Annual dynamics of product's imports in Ukraine in value, 2017-2020, M $ US

Over the 2017-2020 period, Poland, Germany, and the Netherlands remained the leading sources in Ukraine's import structure for chocolate and cocoa products in value terms. Poland accounted for 33.7% of imports, Germany for 14.6%, and the Netherlands for 14.2%. Their combined share totaled 62.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports in Ukraine in value, 2017-2020