World Food Moscow

3 March 2010
Overview of Russia's market of chocolate confectionery
	In 2009, the market cap of chocolate confectionery products reached 217 billion rubles, an increase of 16% compared to 2008. Growth of the market in value terms, stimulated high inflation and rising global commodity prices, particularly cocoa beans.
In addition, its influence on the market situation has had a devaluation in early 2009 — as a result of the devaluation increased the prices of all imported goods and raw materials. At the same time, the growth of Russia’s market of chocolate confectionery in kind amounted to only about 2% compared with the previous year. In general, in 2009, per capita consumption of chocolate in Russia reached 5 pounds, which exceeded the average for Eastern Europe — 4 kilograms per capita. However, according to recent studies, in 2009 the maximum rates of per capita chocolate consumption in Europe were recorded in Britain — 12 kilograms, as well as Switzerland and Ireland — about 10 kilograms. Source: Research by Euromonitor International