Annual consumption in Switzerland fell below the threshold of 10 kilograms per person, dipping to 9.9 kilos, the lowest level since 1982, mainly due to the steep decline in foreign tourists.
According to Urs Furrer, chief of Chocosuisse, the national federation of Swiss chocolate makers, foreign tourists in Switzerland tend to tip the consumption scales.
Chocolate treats are also a favorite souvenir.
Furrer noted that it would be "impossible" to calculate the consumption of residents as salespeople are unaware if customers are Swiss residents or foreign tourists.
The Swiss consume more chocolate per capita than anywhere else in the world.
The pandemic and accompanying restrictions, including forced teleworking and physical distancing, impacted consumption. There was also less chocolate consumption in crowded areas with passers-by, like train stations and city centers, as chocolate was often an impulse buy by people on the move.
Production by Swiss chocolate makers also suffered, shrinking 10 percent from 2019 to 180,000 tons in 2020, according to Chocosuisse.
Lindt and Sprungli suffered a nearly 11-percent drop in its 2020 revenues, to $4.4 billion.
Meanwhile, the sale of raw chocolate products used by chocolatiers, patisseries, and bakeries increased last year as more Swiss made their own sweet treats at home.
Exports, which account for nearly 70 percent of Swiss chocolate makers’ revenues, slumped 11.5 percent in 2020, to 126,000 tons.


Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand
US and Japan Fast-Track $550 Billion Strategic Investment Initiative
Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks
Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs
Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness
Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 



