Chocolate confectionery is seeing high value spikes in Greece in 2025, due to the elevated prices of cocoa leading to unit price hikes, while volume sales remain in a negative slump. That said, no matter the increased prices, chocolate confectionery remains a rather popular indulgence in Greece, which mitigates against even steeper volume falls. However, some consumers are turning to smaller packaging that is more cost-effective, or products like countlines that have a filling and, therefore, th

Chocolate confectionery is expected to register positive current value and volume growth in Kenya in 2025, though soaring global prices of cocoa beans, as a result of poor harvests, dampen volume growth to a degree. Tablets register the highest value growth, as they offer better value for money and they are also widely available both in supermarkets and kiosks. Smaller bar sizes, local sourcing, and trusted brands helped tablets maintain consumer appeal even amid high price sensitivity. Brands l

Retail sales of chocolate confectionery in Croatia are expected to rise significantly in current value terms in 2025. This is largely due to price increases, driven by global cocoa shortages and escalating production costs. Cocoa, a key raw material, hit record-high prices in early 2025, fuelled by poor harvests in major producing countries such as Côte d’Ivoire and Ghana. The market is also benefiting from continued demand for indulgent and premium chocolate formats, especially during seasonal

Chocolate confectionery is expected to register healthy current value growth in 2025 and continues to be the most popular snack in terms of value sales in Bosnia and Herzegovina. In spite of price rises, due to soaring prices of cocoa globally, as a result of poor harvests, there is still appetite for chocolate confectionery. However, volume growth is expected to be muted, as high levels of emigration continue to dampen sales. Both tablets and countlines perform well, though boxed assortment is

Chocolate confectionery continues to be North Macedonia’s most popular snack by far in 2025. However, significant price rises, caused by soaring global prices of cocoa, due to poor harvests, is expected to dampen volume sales to an extent, and in particular for more premium dark chocolate offerings with a high cocoa content. Boxed assortments is expected to register the highest value growth, supported by frequent promotions and discounts. There also continues to be new launches with this space,

One of the main themes for the chocolate confectionery category in Australia has been the impact of consistently high cocoa prices globally. As a result, the price of chocolate has been consistently rising over the last few years of the review period, with the strong value growth being seen in the category in 2025 being due to price rises rather than increased demand. Euromonitor’s Snacks Price Tracker highlights how consistent the price of chocolate confectionery has been rising since 2023. Alt

Chocolate confectionery continues to enjoy widespread household penetration in Romania, largely due to its role as an accessible indulgence that contributes to a sense of wellbeing. However, persistently high inflation, an increase in the VAT rate from 9% to 19% in January 2024, and rising costs of cocoa derivatives, have significantly driven up retail prices. This, combined with the elevated cost of living, have ultimately weighed heavily on performance, with an expected decline in volume sales

Value sales of chocolate confectionery in Nigeria are set to record double-digit growth in 2025. Following the sharp surge in unit prices observed in 2024, price increases moderated somewhat in 2025, enabling growth in both value and volume terms. The previous year had been marked by a substantial decline in volume sales and a 50% increase in value sales, largely driven by high inflation and a significant depreciation of the local currency. In 2024, average unit prices rose by over 70%, while in

Despite global pressures from rising raw material costs, chocolate confectionery in Taiwan in 2025 is maintaining steady growth. Since 2024, the sales value of chocolate confectionary has continued to increase, primarily driven by a sharp surge in global cocoa prices. Due to climate change, ageing farms and the spread of cocoa-related diseases, cocoa production in West Africa’s two major growing regions, Ivory Coast and Ghana, has significantly declined, resulting in a supply-demand imbalance. C

In spite of significant price hikes, driven by poor harvests of cocoa beans globally and limited supply, chocolate confectionery is expected to register both healthy current value and volume growth in Uruguay in 2025. Part of the positive performance was due to promotions, as supermarket retailers had high levels of stock and offered generous promotions to push sales. However, once stocks reach normal level, players may need to adopt other strategies to support sales, including offering smaller

While chocolate confectionery in Serbia is expected to register double-digit percentage value growth, there is expected to be a significant fall in volume sales. A surge in cocoa prices globally, driven by poor harvests and limited supply, is feeding into hefty price hikes for chocolate confectionery and dampening volume sales. As a result, there is a noticeable shift to smaller pack sizes of 80g and 100g countlines, which register the highest value growth and though volume sales are expected to

Chocolate confectionery is projected to experience significant current value growth in Portugal in 2025, exceeding rates observed during the review period. This acceleration can be primarily attributed to a substantial increase in cocoa prices. Manufacturers are actively implementing strategies to mitigate the impact of these cost increases on unit prices and are stimulating demand through discount promotions and other marketing initiatives. For instance, in March 2025, Mondelez’s Milka brand la

Chocolate confectionery in Saudi Arabia saw higher growth in 2025, with retail value sales increasing by 6% in current terms to reach SAR4.4 billion. This growth can be attributed to several key factors, including improved economic conditions, a growing working population, and an increase in social gatherings, all of which boosted consumer demand. Impulse and everyday snacking exhibited strong growth, reflecting changing consumption habits among Saudis.

In late 2024 and in 2025, the global cocoa crisis led to soaring prices in Central American countries. Manufacturers sought to absorb the costs, adjust product recipes, or were forced to pass on the cost to consumers. While prices for cocoa began to decline in 2025, manufacturers do not believe prices will reduce to their 2023 level. The local manufacturer Chocolates Granada, as well as other players who work with chocolate, have been impacted by this development. In addition, international impo

Value sales of chocolate confectionery in Peru are set to record robust single-digit growth in 2025. This represents one of the strongest performances within snacks, alongside ice cream and savoury snacks. This growth will follow the substantial recovery observed in 2024, after a stagnant value sales performance in 2023. The lack of growth in 2023 was largely attributable to a significant rise in prices driven by elevated cocoa costs, compounded by an economic recession that began mid-year, whic

The global cocoa crisis continues to impact chocolate confectionery in Sweden, leading to further increases in unit prices and stronger value growth in 2025. However, retail volume sales rebounded well in 2025 following a substantial decline in consumption in the previous year. Chocolate confectionery is the largest of the confectionery categories and therefore sees considerable product development supported by marketing and promotions. In 2025, Cloetta’s popular Kexchoklad brand ran a competiti

Value sales of chocolate confectionery increased significantly in 2025 as a result of unit price hikes due to soaring prices of cocoa, which experienced a bad harvest, leading to shortages. This forced chocolate producers to increase prices multiple times in both 2024 and 2025, making chocolate an increasingly premium product. Consequently, a growing number of price-sensitive consumers shifted to other products, including biscuits, resulting in retail volume decline of chocolate confectionery in

Uzbekistan's chocolate confectionery market is expected to continue to show healthy growth in current value terms in 2025, accompanied by significant increase in unit prices. However, while inflation and currency fluctuations have impacted overall household expenditure, demand for chocolate confectionery remains resilient, due to its indulgent appeal and growing accessibility through modern trade channels.

Sales of chocolate confectionery have seen strong growth in current value terms in 2025 with this being supported by a combination of elevated unit prices and resilient demand for indulgent treats. Despite consumers exercising caution in their spending, chocolate has retained its emotional and cultural appeal, especially as a small reward, indulgence or gift. Seasonal and impulse occasions remain key drivers. Nonetheless, sales of chocolate confectionery have declined in retail volume terms in 2

Chocolate confectionery in the Ukraine is seeing value sales increase in 2025, pushed by the steep rise in the global price of cocoa, even though volume demand is in slight decline. Tablets is seeing particularly high price hikes as the products contain especially high levels of cocoa content. Chocolate with toys is also seeing rapid value growth driven by price increases, and in value terms is rising faster than all other category members.

Though chocolate confectionery continues to be Latvia’s most popular snack in 2025, it is expected to see a fall in volume sales, due to significant price rises. A surge in cocoa prices globally, driven by poor harvests and limited supply, is feeding into hefty price hikes for chocolate confectionery and dampening volume sales. One of the better performing products is expected to be seasonal chocolate. While it is relatively small in terms of value sales, players invest in significant marketing

In 2025, sales of chocolate confectionery have continued to be shaped by persistent global supply chain pressures, most notably the cocoa crisis, which has driven up input costs and led to widespread retail price increases. As a result, value growth has largely been price-led, with volume sales remaining stable as consumers have continued to indulge, albeit more consciously, in the context of ongoing cost-of-living constraints. To mitigate cost pressures manufacturers adopted a multi-pronged app

Chocolate confectionery in Estonia is poised to register double-digit growth in current value sales in 2025. This is almost entirely due to a steep rise in global cocoa prices, however, as retail volume sales are set to contract for the third year in a row. The overall rate of volume decline should be moderately slower than in 2024, mainly because the scope for price-based promotional activity has improved somewhat as domestic inflationary pressures have receded from the highs witnessed during t

Chocolate confectionery is seeing robust value growth in Egypt in 2025, albeit volume remains in a slump. As such, the strong value growth is being primarily driven by higher prices, by more than 15%, implemented in the first quarter of the year, as a direct consequence of inflationary pressures and escalating fuel and raw materials costs. As a result of these significant price hikes, the volume of chocolate confectionery is suffering, as the unit prices became less accessible to consumers. This