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EU - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Sep 7, 2019

EU Cocoa Butter Market Rose 1.9% and Reached $3.8B in 2018

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IndexBox has just published a new report: 'EU - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The revenue of the cocoa butter market in the European Union amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, cocoa butter consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. In that year, the cocoa butter market attained its peak level of $X. From 2009 to 2018, the growth of the cocoa butter market failed to regain its momentum.

Consumption By Country in the EU

The countries with the highest volumes of cocoa butter consumption in 2018 were Germany (X tonnes), Belgium (X tonnes) and the Netherlands (X tonnes), together comprising X% of total consumption. These countries were followed by Italy, the UK, France, Poland, Spain, Romania, Austria, the Czech Republic and Portugal, which together accounted for a further X%.

From 2007 to 2018, the most notable rate of growth in terms of cocoa butter consumption, amongst the main consuming countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) led the market, alone. The second position in the ranking was occupied by the Netherlands ($X). It was followed by Italy.

In 2018, the highest levels of cocoa butter per capita consumption was registered in Belgium (X kg per X persons), followed by the Netherlands (X kg per X persons), Austria (X kg per X persons) and Germany (X kg per X persons), while the world average per capita consumption of cocoa butter was estimated at X kg per X persons.

From 2007 to 2018, the average annual growth rate of the cocoa butter per capita consumption in Belgium stood at +X%. In the other countries, the average annual rates were as follows: the Netherlands (-X% per year) and Austria (-X% per year).

Market Forecast 2019-2025 in the EU

Driven by rising demand for cocoa butter in the European Union, the market is expected to start an upward consumption trend over the next seven-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +X% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to X tonnes by the end of 2025.

Production in the EU

In 2018, the amount of cocoa butter produced in the European Union amounted to X tonnes, leveling off at the previous year. In general, cocoa butter production continues to indicate a temperate contraction. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, cocoa butter production attained its peak volume of X tonnes. From 2009 to 2018, cocoa butter production growth remained at a somewhat lower figure.

In value terms, cocoa butter production totaled $X in 2018 estimated in export prices. Overall, cocoa butter production continues to indicate a slight drop. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, cocoa butter production reached its peak level of $X. From 2009 to 2018, cocoa butter production growth remained at a somewhat lower figure.

 

Production By Country in the EU

The Netherlands (X tonnes) remains the largest cocoa butter producing country in the European Union, comprising approx. X% of total production. Moreover, cocoa butter production in the Netherlands exceeded the figures recorded by the region's second-largest producer, Germany (X tonnes), threefold. France (X tonnes) ranked third in terms of total production with a X% share.

In the Netherlands, cocoa butter production remained relatively stable over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Germany (+X% per year) and France (-X% per year).

Exports in the EU

In 2018, the amount of cocoa butter exported in the European Union stood at X tonnes, increasing by X% against the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, cocoa butter exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, cocoa butter exports amounted to $X (IndexBox estimates) in 2018. The total exports indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cocoa butter exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. In that year, cocoa butter exports attained their peak of $X. From 2015 to 2018, the growth of cocoa butter exports failed to regain its momentum.

Exports by Country

The Netherlands represented the largest exporting country with an export of around X tonnes, which accounted for X% of total exports. Germany (X tonnes) ranks second in terms of the total exports with a X% share, followed by France (X%). The UK (X tonnes), Estonia (X tonnes) and Spain (X tonnes) took a relatively small share of total exports.

Exports from the Netherlands increased at an average annual rate of +X% from 2007 to 2018. At the same time, Germany (+X%), Estonia (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing exporter in the European Union, with a CAGR of +X% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany and the Netherlands increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest cocoa butter supplier in the European Union, comprising X% of total cocoa butter exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

In the Netherlands, cocoa butter exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and France (+X% per year).

Export Prices by Country

In 2018, the cocoa butter export price in the European Union amounted to $X per tonne, waning by -X% against the previous year. The export price indicated slight growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cocoa butter export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X% y-o-y. In that year, the export prices for cocoa butter reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the export prices for cocoa butter remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in France ($X per tonne) and Germany ($X per tonne), while the UK ($X per tonne) and Estonia ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Imports in the EU

The imports amounted to X tonnes in 2018, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The volume of imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, cocoa butter imports stood at $X (IndexBox estimates) in 2018. The total imports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cocoa butter imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. In that year, cocoa butter imports reached their peak of $X. From 2015 to 2018, the growth of cocoa butter imports remained at a lower figure.

Imports by Country

Germany (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), France (X tonnes), the UK (X tonnes), Poland (X tonnes) and Italy (X tonnes) represented roughly X% of total imports of cocoa butter in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. France, the UK, Poland and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The cocoa butter import price in the European Union stood at $X per tonne in 2018, stabilizing at the previous year. The import price indicated a mild increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cocoa butter import price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2014 when the import price increased by X% y-o-y. In that year, the import prices for cocoa butter attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the import prices for cocoa butter remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Belgium ($X per tonne) and Poland ($X per tonne), while the UK ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 10821200 - Cocoa butter, fat and oil

This report provides an in-depth analysis of the cocoa butter market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
• United Kingdom
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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