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Swiss chocolate sales melt in 2009


Agence France-Presse
First Posted 18:33:00 02/10/2010

Filed Under: Food, Trade (general)

ZURICH--Consumption of Swiss chocolates melted with the economic crisis in 2009 but new markets like China and the Gulf states grew sharply, data released by the chocolate makers association showed on Wednesday.

Chocosuisse, which groups 18 Swiss chocolate makers, said in a statement that sales results at home and abroad last year left a "bittersweet taste."

Overall sales fell for the first time in six years, declining by nearly six percent to 174,109 tons -- some 1.7 billion Swiss francs (1.2 billion euros, 1.6 billion dollars) worth of chocolate, the association said.

Exports, which account for about 60 percent of sales, fell by 9.9 percent in value terms to 832 million Swiss francs, especially in top market Germany.

But sales shot up by 34 percent in chocolate-making rival Belgium and showed "impressive sales growth" in Australia, China and several Gulf states, Chocosuisse said.

Even the Swiss tempered their sweet tooth in the crisis, eating 700 grams less per inhabitant over the year -- but still some 11.7 kilograms each.



Copyright 2011 Agence France-Presse. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



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