Spain - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCocoa Paste Price in Spain - 2023
Contents:
- Cocoa Paste Price in Spain (CIF) - 2023
- Cocoa Paste Price in Spain (FOB) - 2023
- Cocoa Paste Imports in Spain
- Cocoa Paste Exports in Spain
Cocoa Paste Price in Spain (CIF) - 2023
In June 2023, the average cocoa paste import price amounted to $3,036 per ton, approximately equating the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 14% month-to-month. The import price peaked in June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were the Netherlands ($3,484 per ton) and Cameroon ($3,261 per ton), while the price for Nigeria ($2,711 per ton) and Indonesia ($2,867 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 Cameroon (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Paste Price in Spain (FOB) - 2023
In June 2023, the average cocoa paste export price amounted to $4,348 per ton, growing by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in December 2022 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices attained the peak figure in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($5,707 per ton), while the average price for exports to Morocco ($2,963 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 the Netherlands (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Paste Imports in Spain
In 2022, cocoa paste imports into Spain reduced to 91K tons, which is down by -11.2% compared with the previous year. In general, imports recorded a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 14%.
In value terms, cocoa paste imports expanded notably to $238M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cocoa Paste in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 53.6 | 54.9 | 89.1 | 118 | 30.1% |
| Ghana | 45.2 | 45.0 | 66.8 | 38.8 | -5.0% |
| Indonesia | 9.4 | 21.7 | 23.4 | 20.2 | 29.0% |
| Netherlands | 13.5 | 16.8 | 14.3 | 15.2 | 4.0% |
| Cameroon | 1.2 | 1.3 | 1.7 | 14.9 | 131.6% |
| Peru | 1.9 | 0.6 | 0.5 | 8.6 | 65.4% |
| France | 5.8 | 2.3 | 4.8 | 8.0 | 11.3% |
| Nigeria | 6.3 | 2.9 | 4.8 | 5.8 | -2.7% |
| United Kingdom | 2.3 | 1.5 | 2.5 | 2.5 | 2.8% |
| Others | 4.5 | 4.0 | 15.7 | 6.0 | 10.1% |
| Total | 144 | 151 | 224 | 238 | 18.2% |
Top Suppliers of Cocoa Paste to Spain in 2022:
- Cote d'Ivoire (47.1K tons)
- Ghana (14.3K tons)
- Indonesia (7.7K tons)
- Cameroon (6.5K tons)
- Netherlands (4.8K tons)
- Peru (2.8K tons)
- France (2.1K tons)
- Nigeria (2.1K tons)
- United Kingdom (1.6K tons)
Cocoa Paste Exports in Spain
In 2022, exports of cocoa paste from Spain surged to 9K tons, rising by 24% against the year before. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cocoa paste exports surged to $34M in 2022. The total export value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cocoa Paste in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.4 | 9.9 | 7.6 | 7.0 | -12.4% |
| Italy | 1.3 | 1.6 | 3.4 | 6.0 | 66.5% |
| United Kingdom | 0.7 | 0.8 | 1.7 | 1.9 | 39.5% |
| South Korea | 1.6 | 1.6 | 1.6 | 1.9 | 5.9% |
| United States | N/A | N/A | 0.2 | 1.8 | 800.0% |
| Greece | 1.7 | 1.2 | 1.2 | 1.4 | -6.3% |
| Netherlands | 0.1 | 0.1 | 0.2 | 1.3 | 135.1% |
| Jordan | 0.4 | 0.7 | 1.0 | 1.3 | 48.1% |
| Morocco | 0.5 | 0.2 | 0.5 | 1.2 | 33.9% |
| Saudi Arabia | 0.5 | 0.5 | 1.7 | 1.1 | 30.1% |
| Syrian Arab Republic | N/A | 0.6 | 0.5 | 1.0 | 29.1% |
| Uruguay | 0.1 | 0.2 | 0.2 | 0.9 | 108.0% |
| China | 0.7 | 0.4 | 0.5 | 0.7 | 0.0% |
| Others | 7.7 | 6.3 | 7.0 | 6.7 | -4.5% |
| Total | 25.7 | 24.0 | 27.3 | 34.2 | 10.0% |
Top Export Markets for Cocoa Paste from Spain in 2022:
- France (1941.6 tons)
- Italy (1630.9 tons)
- United Kingdom (509.3 tons)
- Netherlands (466.6 tons)
- South Korea (401.4 tons)
- United States (385.3 tons)
- Greece (366.4 tons)
- Uruguay (323.3 tons)
- Jordan (302.3 tons)
- China (299.8 tons)
- Morocco (285.4 tons)
- Saudi Arabia (274.7 tons)
- Syrian Arab Republic (261.8 tons)
This report provides an in-depth analysis of the cocoa paste market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 paste market in Spain.
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This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in Spain.
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This report provides an in-depth analysis of the global cocoa paste market.
224
In October 2022, the cocoa paste price stood at $2,641 per ton (CIF, Spain), leveling off at the previous month.
1108
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 ...
741
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...
1816
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...
1017
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...
224
In October 2022, the cocoa paste price stood at $2,641 per ton (CIF, Spain), leveling off at the previous month.
1108
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 ...
741
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...
1816
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...
1017
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...
