by Barry Callebaut released the all new Ruby chocolate flavour last year (Barry Callebaut) - Click to enlarge Despite a decline in domestic consumption, sales of Swiss chocolate grew by 3.1% in 2017 thanks to foreign demand. On Thursday, the Federation of Swiss Chocolate Manufacturers (Chocosuisse) reported total sales of CHF1.85 billion (.98 billion) for the year. The volume of chocolate sold also increased by 2.7% to 190,731 tons. However, sales inside Switzerland dropped by 1.3%. Swiss residents consumed “only” 10.5 kg of chocolate per person in 2017; half a kilo less than the year before. It was the growth in exports that offset the decline in domestic. The volume sold abroad increased by 4.8% to 127,923
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Barry Callebaut released the all new Ruby chocolate flavour last year (Barry Callebaut) - Click to enlarge
Despite a decline in domestic consumption, sales of Swiss chocolate grew by 3.1% in 2017 thanks to foreign demand.
On Thursday, the Federation of Swiss Chocolate Manufacturers (Chocosuisse) reported total sales of CHF1.85 billion ($1.98 billion) for the year. The volume of chocolate sold also increased by 2.7% to 190,731 tons.
However, sales inside Switzerland dropped by 1.3%. Swiss residents consumed “only” 10.5 kg of chocolate per person in 2017; half a kilo less than the year before.
It was the growth in exports that offset the decline in domestic. The volume sold abroad increased by 4.8% to 127,923 tonnes, while total export turnover increased by 6.9% to CHF936 million.
After a three-year decline, the German market perked up in 2017, reporting a 16% increase in sales. Except for the United States (-7%), the other top five consumer destinations also grew: the UK by 2%, France by 8% and Canada by 6%. Among the top 20, Australia and Russia posted the highest growth rates.
In 2017, Chocosuisse counted 18 chocolate manufacturers among its membersexternal link who employed a total of 4,608 people.
Tags: Barry Callebaut,Business,Chocosuisse,Featured,newsletter