Ingredient Group Wholesale supply of food ingredients. the main About company Product Catalog Specifications (edit) Online order Contacts the main Crisis in the Russian chocolate market? 15 December, 2015 - 14:42 | editor The consumption of chocolate products in the country is steadily decreasing In 2016, the consumption of chocolate in Russia may decrease to 15%, and the downtrend will hit primarily regional enterprises, many manufacturers may leave the Russian market, the Center for Confectionery Market Research (CIKR) predicts. "The fall in the consumption of chocolate and chocolate products in 2016 in case of maintaining the current ruble exchange rate and a slight decrease in the level of income of the population may amount to an additional 8-12%, with a further depreciation of the ruble and a noticeable fall in the purchasing power of Russians, the reduction in consumption may reach 15%," - says the report of the center. According to the CECR, one Russian now accounts for 3.99 kg of chocolate products a year. However, chocolate has become the most expensive category of the confectionery market - the rise in prices in October 2015 amounted to 37.2% versus October 2014, and the decline in consumption of chocolate products this year was already 8.8%. The situation is aggravated by the continuing rise in world prices for raw cocoa, approaching closely to five-year highs. "In combination with devaluation processes, this may lead to the fact that the growth of production costs may reach 100% in early 2016 compared to similar indicators a year ago, and further consumer price increases for chocolate products will continue," the study says. "The production of chocolate products in 2016 will either be unprofitable or have minimal profitability, which can lead to a significant reduction in personnel in this sector, reduction and suspension of production. This scenario is most likely for the first quarter of 2016. In the context of constantly narrowing liquidity and lack of working capital funds for the purchase of expensive raw materials, in particular cocoa products, not all manufacturers will be able, in principle, to survive 2016. The withdrawal of many brands and chocolate factories from the market is a new reality of the Russian confectionery industry. " Earlier, Russian pastry chefs turned to the Russian government for support. There are more than 600 confectionery enterprises in Russia, employing about 400 thousand people, including 70 thousand working in the chocolate production segment. (the article uses materials from the site utro.ru) Search on the site: Language versions: English version Random photo Login to the system Username: * Password: * Forgot your password? All rights reserved by ingredientgroup (c) | Designed by fa © st