Chocolate bars market in Finland

Earlier Report Observations

The Finnish chocolate bar market volume grew from 20.3 thousand tons in 2018 to 22.6 thousand tons in 2022, driven by rising consumer demand for ethically sourced and premium products. Brands such as Tony’s Chocolonely and Ethiquable emphasized origin transparency on packaging, while a broader trend toward higher cocoa content and less sugar supported overall consumption.

After peaking in 2022, market volume softened to 22.4 thousand tons in 2023 and fell to 20.6 thousand tons in 2024. This decline coincided with global cocoa price volatility and supply chain disruptions, which constrained product availability and affected consumer purchasing patterns.

Production chocolate bars in Finland

In value, 2017-2020, M $ US

Finland's chocolate bar production has grown for the third consecutive year. In 2020, the output value reached 130.8 million US dollars, representing a 3.0% increase compared to the previous year. Over the period from 2017 to 2020, production rose by 13.6%, with an average annual growth rate of 4.3%.

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

In kind, 2017-2020, t

Following two years of growth, Finland's chocolate bar production volume declined. In 2020, production stood at 14 627 tonnes, remaining virtually unchanged from 2019. Between 2017 and 2020, overall production increased by 13.3%, translating to an annualized growth rate of 4.3%. The peak volume was recorded in 2019 at 14 703 tonnes, while the largest annual increase occurred in 2018 at 8.1%.

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

Exports chocolate bars from Finland

Exports in kind, t

The market exhibited significant volatility during the observed period. Exports reached their lowest point in 2019 at just 57 tonnes, marking a 98.2% decline from the previous year. In contrast, 2020 saw a dramatic recovery, with Finland exporting 3 105 tonnes of chocolate bars—a staggering 5,299.9% increase compared to 2019. The difference between the peak in 2017 and the trough in 2019 was 58-fold.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

From 2017 to 2020, Sweden, Russia, and Estonia consistently dominated Finland's chocolate bar exports by volume. Sweden accounted for 43.2% of exports, followed by Russia at 17.4% and Estonia at 16.8%. Together, these three countries represented 77.4% of total export flows.

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

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

In 2020, the value of Finland's chocolate bar exports amounted to 19.124 million US dollars, reflecting a 9.3% decrease year-over-year. Over the 2017–2020 period, exports declined by 10.1%, with an average annual contraction of 3.5%. The largest annual increase occurred in 2019 at 7.8%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Throughout 2017–2020, Sweden, Estonia, and Russia remained Finland's key export partners by value. Sweden held a 35.7% share, Estonia accounted for 18.3%, and Russia represented 16.1%. Collectively, these three markets contributed 70.1% of total export value.

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

World map of product's exports from Finland in value, 2017-2020

Imports chocolate bars to Finland

Imports in kind, t

After two years of decline, Finland's chocolate bar imports rebounded. In 2020, imports totaled 11 033 tonnes, surging by 48.9% compared to the previous year. Over the 2017–2020 period, imports grew by 5.5%, equivalent to an annualized rate of 1.8%. The lowest volume was recorded in 2019 at 7 409 tonnes, which represented a 22.7% decrease from 2018.

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

Between 2017 and 2020, Sweden, Germany, and the Netherlands were the primary sources of Finland's chocolate bar imports by volume. Sweden accounted for 46.9% of imports, Germany for 25.0%, and the Netherlands for 10.0%. Together, these three countries supplied 81.9% of total import volume.

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

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

Imports in value, K $ US

In 2020, Finland imported chocolate bars worth 71.777 million US dollars, showing a modest decline of 4.5% from the previous year. The lowest value during the period was recorded in 2018 at 69.538 million US dollars, while the peak occurred in 2019 at 75.184 million US dollars. The largest annual increase was in 2019 at 8.1%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

From 2017 to 2020, three main markets—Sweden, Germany, and the Netherlands—collectively accounted for 77.8% of the total value of chocolate bar imports into Finland.

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

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