As a result of more severe than previously anticipated inflation, chocolate confectionery is expected to move into a period of moderate growth, rather than active dynamic growth. Consumers are likely to tend to cut back on their spending, yet chocolate confectionery will still be on many consumers’ shopping lists, as chocolate confectionery is far from saturated in Uzbekistan, and locals enjoy such products.
In Uzbekistan, overall purchasing power is typically higher in the capital Tashkent and big cities than in nearby rural regions; this leads to a greater commercial focus on locations with dense populations. Urban consumers embrace imported items more than rural consumers.
Due to limited imports from Russia, and the resulting increases in prices for countlines, local consumers have been changing their emphasis to tablets, which is considered a better format, considering the pack weight and the ability to share amongst friends. Indeed, cultural trends and bigger families in Uzbekistan favour large formats in chocolate confectionery (1kg packaging or more).
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.See All of Our Definitions
This report originates from Passport, our Chocolate Confectionery research and analysis database.
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