Italy - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

Italy - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights

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Cocoa Paste Price in Italy - 2023

Contents:

  1. Cocoa Paste Price in Italy (CIF) - 2023
  2. Cocoa Paste Price in Italy (FOB) - 2023
  3. Cocoa Paste Imports in Italy
  4. Cocoa Paste Exports in Italy

Cocoa Paste Price in Italy (CIF) - 2023

In June 2023, the average cocoa paste import price amounted to $4,780 per ton, surging by 2.1% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in November 2022 an increase of 10% m-o-m. Over the period under review, average import prices hit record highs in June 2023.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Switzerland ($5,583 per ton) and France ($4,692 per ton), while the price for Germany ($4,253 per ton) and the Netherlands ($4,274 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cocoa Paste Price in Italy (FOB) - 2023

In June 2023, the average cocoa paste export price amounted to $6,279 per ton, falling by -10.3% against the previous month. Over the period under review, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 54% month-to-month. As a result, the export price attained the peak level of $12,522 per ton. From January 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was India ($11,648 per ton), while the average price for exports to Spain ($4,241 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Paste Imports in Italy

In 2022, imports of cocoa paste into Italy rose rapidly to 40K tons, growing by 12% compared with the previous year. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cocoa paste imports expanded sharply to $166M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cocoa Paste in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany50.447.052.158.45.0%
Switzerland29.932.944.250.318.9%
Netherlands16.813.720.420.67.0%
France14.29.617.715.83.6%
Poland0.50.11.88.6158.1%
Spain1.42.33.86.365.1%
Cameroon2.93.94.44.011.3%
Others1.92.02.31.6-5.6%
Total11811114716612.0%

Top Suppliers of Cocoa Paste to Italy in 2022:

  1. Germany (15.5K tons)
  2. Switzerland (9.7K tons)
  3. Netherlands (5.5K tons)
  4. France (3.8K tons)
  5. Poland (2.5K tons)
  6. Spain (1.7K tons)
  7. Cameroon (0.6K tons)

Cocoa Paste Exports in Italy

In 2022, exports of cocoa paste from Italy skyrocketed to 1.8K tons, rising by 68% on the year before. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cocoa paste exports skyrocketed to $13M in 2022. In general, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 63% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Cocoa Paste in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1,8081,6624,7615,93748.6%
Belgium7963243613,37661.9%
India8901,3181,5361,54320.1%
Austria5325666445611.8%
France3272693483926.2%
Poland1,033105513213-40.9%
United States434345178173-26.4%
Morocco379329252170-23.5%
United Kingdom1,31039625.966.7-62.9%
Brazil30812.813.721.8-58.6%
Netherlands517N/A1.84.7-79.1%
Others420211367303-10.3%
Total8,7545,5389,00112,76213.4%

Top Export Markets for Cocoa Paste from Italy in 2022:

  1. Belgium (865.5 tons)
  2. Argentina (380.0 tons)
  3. India (153.5 tons)
  4. Austria (124.5 tons)
  5. France (59.0 tons)
  6. Morocco (53.6 tons)
  7. Poland (39.4 tons)
  8. United States (23.5 tons)
  9. United Kingdom (9.6 tons)
  10. Brazil (4.3 tons)
  11. Netherlands (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cocoa paste market in Italy. 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:

  • Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Event
Which Country Imports the Most Cocoa in the World?
Jul 26, 2018
Eye 1110

In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...

Which Country Imports the Most Cocoa Paste in the World?
Jul 26, 2018
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In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...

Which Country Exports the Most Cocoa in the World?
Jul 26, 2018
Eye 1832

In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...

Which Country Exports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 1025

In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...

Which Country Imports the Most Cocoa in the World?
Jul 26, 2018
Eye 1110

In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...

Which Country Imports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 743

In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...

Which Country Exports the Most Cocoa in the World?
Jul 26, 2018
Eye 1832

In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...

Which Country Exports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 1025

In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...

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