:. Food Industry News


Confectionery: Russian Consumers Are Looking for Greater Variety 2006

Source: US Government
10/04/2006

7 April 2006 - Annual confectionery sales in Russia exceeded $3.5 billion in 2005 and can be considered one of the biggest markets in the world. Russian experts evaluate market growth to be between 6 and 15 percent annually. Russia's economy has grown more than 6 percent annually for the last five years.

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According to GTI's World Trade Atlas, sugar confectionery imports in 2005 were $101 million; the import value for chocolate reached $263 million.Leading exporters to Russia are Ukraine, Germany, Poland and Italy.Price does not affect the purchasing decision, as was the case after the financial crisis when consumers preferred cheaper sugar confectionery to chocolate confectionery.Russian consumers are looking for greater variety and quality.Western holidays are growing in popularity.Halloween, Santa, and Valentines Day advertisements and candy novelties show up more and more each year.Interested exporters should contact ATO Moscow to inquire about World Food 2006 in September and show Russia their products.


Market size

The size of confectionery market sales in Russia exceeded $3.5 billion in 2005 and can be considered one of the biggest in the world.Russian experts evaluate market growth between 6 and 15 percent annually.While this growth can slow down in terms of volume, the value of market size will keep growing due to consumer preferences towards better quality and better-packed confectionery products.

Table 1. Market size, $US mln

 

1998

1999

2000

2001

2002

2003

2004

2005

Chocolate confectionery

3,060

2,636

2,741

2,934

3,076

3,353

3,641

3,896

Tablets

880

745

713

762

805

876

953

1,026

Countlines

427

341

362

388

412

432

452

470

Bagged selflines/softlines

1,002

922

1,015

1,075

1,128

1,197

1,291

1,363

Boxed assortments

648

544

557

605

618

724

813

897

Standard boxed assortments

648

544

557

605

618

724

813

897

Twist wrapped miniatures

-

-

-

-

-

-

-

-

Seasonal chocolate

57

50

57

62

68

75

81

86

Chocolate with toys

47

35

38

41

45

49

52

54

                                                                                                                Source: Euromonitor

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