
France - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
Cocoa Powder With Sugar Price in France Rises 2%, Averaging $3,459 per Ton
France Cocoa Powder With Sugar Import Price in October 2022
In October 2022, the cocoa powder with sugar price stood at $3,459 per ton (CIF, France), surging by 1.9% against the previous month. Over the period from January 2022 to October 2022, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in March 2022 when the average import price increased by 21% m-o-m. The import price peaked at $3,622 per ton in April 2022; however, from May 2022 to October 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2022, the country with the highest price was Spain ($8,190 per ton), while the price for Germany ($2,688 per ton) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
France Cocoa Powder With Sugar Imports
In October 2022, overseas purchases of cocoa powder (containing added sugar) increased by 24% to 1.1K tons, rising for the fourth consecutive month after five months of decline. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at 1.1K tons in January 2022; afterwards, it flattened through to October 2022.
In value terms, cocoa powder with sugar imports skyrocketed to $3.8M (IndexBox estimates) in October 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
France Cocoa Powder With Sugar Imports by Country
In October 2022, Germany (878 tons) constituted the largest cocoa powder with sugar supplier to France, with a 80% share of total imports. Moreover, cocoa powder with sugar imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (79 tons), more than tenfold. The third position in this ranking was taken by Italy (51 tons), with a 4.7% share.
From January 2022 to October 2022, the average monthly rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (-7.4% per month) and Italy (+3.1% per month).
In value terms, Germany ($2.4M) constituted the largest supplier of cocoa powder with sugar to France, comprising 63% of total imports. The second position in the ranking was held by Spain ($649K), with a 17% share of total imports. It was followed by Italy, with a 9.9% share.
From January 2022 to October 2022, the average monthly rate of growth in terms of value from Germany totaled +1.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (-4.8% per month) and Italy (+4.3% per month).
Factors Affecting Cocoa Powder Prices
Cocoa powder is a key ingredient in many desserts and chocolate-flavored products. As such, its price can have a significant impact on the cost of these items. In France, cocoa powder is subject to a number of factors that can affect its price.
One key factor is the overall demand for cocoa-based products. When demand is high, prices for cocoa powder will typically increase as well. This can be due to seasonal factors, such as increased demand for chocolate-flavored items during winter holidays, or more general trends, like a growing popularity for indulgent desserts.
Supply conditions are also important in setting cocoa powder prices. Cocoa beans are grown in a limited number of regions around the world, and poor harvests can lead to higher prices for cocoa powder. Poor weather conditions or pests can damage crops and lead to shortages that drive up prices. Additionally, political instability in producing countries can disrupt supply chains and lead to price hikes.
This report provides an in-depth analysis of the market for cocoa powder with sugar in France. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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