Not filled chocolate bars market in Finland

Earlier Report Observations

The Finnish market for not filled chocolate bars expanded in volume from 12 959 t in 2018 to 15 828 t in 2019, largely due to the increasing share of private label products, which became more attractive to cost-conscious consumers. This period also saw the beginning of a shift in consumer preferences toward chocolate with higher cocoa content and less sugar.

The COVID-19 pandemic in 2020 disrupted global supply chains, contributing to a market volume drop to 14 851 t. In subsequent years, volume gradually declined but stabilized near 14 000 t, influenced by ongoing cocoa price volatility and continued growth in health-oriented demand for sugar-free and plant-based variants, which supported market value growth to 148.3 million US dollars by 2024.

Throughout 2021-2024, the market adapted to stronger sustainability and traceability requirements, with digital technologies like blockchain gaining traction for cocoa origin assurance. The private label share reached 56% by 2023, underscoring the competitive landscape and consumer focus on affordability alongside quality.

Production not filled chocolate bars in Finland

In value, 2017-2020, M $ US

Finland's production of not filled chocolate bars has increased for the third consecutive year. In 2020, the output was valued at 107.3 million US dollars, marking a 3.7% rise compared to the previous year. Over the period from 2017 to 2020, production grew by 16.3%, with an average annual growth rate of 5.1%.

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

In kind, 2017-2020, t

Finland's production volume of not filled chocolate bars has risen for the third year in a row. In 2020, the country produced 12 083 tonnes, which is 0.8% higher than in 2019. Between 2017 and 2020, production increased by 16.5%, corresponding to an annualized growth rate of 5.2%.

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

Exports not filled chocolate bars from Finland

Exports in kind, t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2019 at 34 tonnes, then surged to 2 036 tonnes in 2020, reflecting a dramatic year-on-year increase of 5,853.9%. The peak was recorded in 2018 at 2 324 tonnes, with a 68-fold difference between the 2019 trough and the 2018 peak. The largest decline occurred in 2019, dropping by 98.5%.

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

From 2017 to 2020, Sweden, Russia, and Estonia were the top contributors to Finland's exports of not filled chocolate bars in volume terms. Sweden accounted for 41.4% of exports, Russia for 22.2%, and Estonia for 17.9%, together making up 81.5% 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, Finland's exports of not filled chocolate bars totaled 12.131 million US dollars, showing a solid contraction of 12.5% compared to the previous year. Over the 2017-2020 period, exports decreased by 14.8%, with an average annual decline of 5.2%. The largest increase was recorded in 2019 at 3.3%.

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

Throughout 2017-2020, Sweden, Russia, and Estonia were the key partners for Finland's exports in value terms. Sweden represented 33.2% of export value, Russia 21.4%, and Estonia 19.5%, collectively accounting for 74.1% of total export flows.

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

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

Imports not filled chocolate bars to Finland

Imports in kind, t

Finland imported 4 877 tonnes of not filled chocolate bars in 2020, representing a robust year-on-year rise of 23.9%. Between 2017 and 2020, imports grew by 15%, equating to an annualized rate of 4.8%. The minimum volume was recorded in 2019 at 3 877 tonnes, and the largest decline occurred in 2018 at 7.2%.

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

From 2017 to 2020, Sweden, Germany, and Lithuania were the primary sources for Finland's imports of not filled chocolate bars in volume terms. Sweden contributed 47.5% of imports, Germany 28.7%, and Lithuania 6.7%, together accounting for 82.9% of total import flows.

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

Finland's imports of not filled chocolate bars have increased for the third consecutive year. In 2020, imports amounted to 30.382 million US dollars, marking a moderate year-on-year rise of 4.5%. Over the 2017-2020 period, imports grew by 9.3%, with an average annual growth rate of 3.0%.

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

During 2017-2020, Sweden, Germany, and Switzerland consistently remained the main destinations for Finland's imports in value terms. Sweden accounted for 43.8% of import value, Germany for 23.7%, and Switzerland for 9.0%, together making up 76.5% of total import flows.

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

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