Russian Federation - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCocoa Butter Price in Russia - 2022
Contents:
- Cocoa Butter Price in Russia (CIF) - 2022
- Cocoa Butter Price in Russia (FOB) - 2022
- Cocoa Butter Imports in Russia
- Cocoa Butter Exports in Russia
Cocoa Butter Price in Russia (CIF) - 2022
In January 2022, the average cocoa butter import price amounted to $5,102 per ton, remaining stable against the previous month. Overall, the import price, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in September 2021 an increase of 4.6% against the previous month. The import price peaked at $5,876 per ton in March 2021; however, from April 2021 to January 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2022, the highest price was recorded for prices from Singapore ($5,483 per ton) and the Netherlands ($5,330 per ton), while the price for Nigeria ($4,615 per ton) and Malaysia ($4,969 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Butter Price in Russia (FOB) - 2022
The average cocoa butter export price stood at $5,829 per ton in 2022, reducing by -1.9% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa butter export price increased by +22.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 83% against the previous year. The export price peaked at $8,459 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($9,685 per ton), while the average price for exports to Belarus ($3,979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Butter Imports in Russia
In 2022, cocoa butter imports into Russia shrank to 38K tons, declining by -7.2% compared with 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of 41K tons, and then reduced in the following year.
In value terms, cocoa butter imports shrank to $214M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 6.5% against the previous year. As a result, imports attained the peak of $221M, and then contracted slightly in the following year.
| Import of Cocoa Butter in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 67.4 | 76.2 | 91.3 | 121 | 21.5% |
| Malaysia | 69.1 | 59.8 | 79.0 | 47.4 | -11.8% |
| Singapore | 20.0 | 38.8 | 20.8 | 21.1 | 1.8% |
| Cote d'Ivoire | 14.6 | 11.7 | 12.5 | 12.3 | -5.6% |
| Netherlands | 5.6 | 1.9 | 4.1 | 3.7 | -12.9% |
| Nigeria | 5.7 | 3.1 | 0.3 | 3.4 | -15.8% |
| Others | 36.3 | 15.7 | 12.8 | 5.1 | -48.0% |
| Total | 219 | 207 | 221 | 214 | -0.8% |
Top Suppliers of Cocoa Butter to Russia in 2022:
- Indonesia (21.6K tons)
- Malaysia (8.6K tons)
- Singapore (3.5K tons)
- Cote d'Ivoire (2.2K tons)
- Nigeria (0.7K tons)
- Netherlands (0.6K tons)
Cocoa Butter Exports in Russia
In 2022, overseas shipments of cocoa butter decreased by -0.9% to 201 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,106%. As a result, the exports attained the peak of 239 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cocoa butter exports contracted to $1.2M in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 731%.
| Export of Cocoa Butter in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 43.6 | 588 | 598 | 401 | 109.5% |
| Kazakhstan | 5.8 | 124 | 183 | 392 | 307.3% |
| Armenia | 0.5 | 8.9 | 18.0 | 255 | 699.0% |
| Belarus | 18.8 | 184 | 308 | 53.8 | 42.0% |
| Kyrgyzstan | 0.4 | 32.3 | 47.1 | 50.7 | 402.3% |
| Belgium | N/A | 37.2 | N/A | N/A | 0% |
| Germany | 13.9 | 127 | N/A | N/A | 813.7% |
| Others | 53.8 | 34.0 | 48.1 | 16.3 | -32.8% |
| Total | 137 | 1,136 | 1,203 | 1,169 | 104.3% |
Top Export Markets for Cocoa Butter from Russia in 2022:
- Ukraine (84.4 tons)
- Kazakhstan (66.0 tons)
- Armenia (26.4 tons)
- Belarus (13.5 tons)
- Kyrgyzstan (8.4 tons)
This report provides an in-depth analysis of the cocoa butter market in the Russian Federation. 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.
Product coverage:
- FCL 664 - Cocoa Butter
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the cocoa butter market in the Russian Federation.
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This report provides an in-depth analysis of the global cocoa butter market.
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This report provides an in-depth analysis of the cocoa butter market in the Russian Federation.
3890
This report provides an in-depth analysis of the global cocoa butter market.
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Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
2244
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1507
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
1865
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
1202
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
2244
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1507
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
1865
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
