United Kingdom - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCocoa Paste Price in the UK - 2023
Contents:
- Cocoa Paste Price in the UK (CIF) - 2022
- Cocoa Paste Price in the UK (FOB) - 2023
- Cocoa Paste Imports in the UK
- Cocoa Paste Exports in the UK
Cocoa Paste Price in the UK (CIF) - 2022
In 2022, the average cocoa paste import price amounted to $3,619 per ton, with a decrease of -13.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20% against the previous year. The import price peaked at $4,254 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($4,227 per ton) and Spain ($4,135 per ton), while the price for Cote d'Ivoire ($3,480 per ton) and Ghana ($3,488 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Paste Price in the UK (FOB) - 2023
The average cocoa paste export price stood at $4,238 per ton in June 2023, rising by 2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($7,510 per ton), while the average price for exports to Spain ($1,530 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 Poland (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Paste Imports in the UK
In 2022, purchases abroad of cocoa paste was finally on the rise to reach 17K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep contraction.
In value terms, cocoa paste imports soared to $61M in 2022. Overall, imports, however, saw a abrupt decline.
| Import of Cocoa Paste in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 25.9 | 29.8 | 17.3 | 32.9 | 8.3% |
| Netherlands | 17.6 | 9.6 | 4.8 | 11.3 | -13.7% |
| France | 15.2 | 9.6 | 9.7 | 5.4 | -29.2% |
| Ghana | 4.6 | N/A | 6.9 | 5.3 | 4.8% |
| Spain | N/A | 0.3 | 1.4 | 2.1 | 164.6% |
| Belgium | 4.9 | 2.5 | 2.8 | 1.7 | -29.7% |
| Germany | 1.4 | 1.0 | 2.2 | 1.2 | -5.0% |
| Others | 1.6 | 1.1 | 1.3 | 0.9 | -17.5% |
| Total | 71.2 | 53.8 | 46.4 | 60.7 | -5.2% |
Top Suppliers of Cocoa Paste to the UK in 2022:
- Cote d'Ivoire (9.4K tons)
- Netherlands (3.1K tons)
- Ghana (1.5K tons)
- France (1.3K tons)
- Spain (0.5K tons)
- Belgium (0.4K tons)
- Germany (0.3K tons)
Cocoa Paste Exports in the UK
In 2022, approx. 11K tons of cocoa paste were exported from the UK; growing by 15% against 2021 figures. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cocoa paste exports expanded rapidly to $43M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 81% against the previous year. As a result, the exports attained the peak of $54M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cocoa Paste in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 9.9 | 26.9 | 23.7 | 19.9 | 26.2% |
| Belgium | 10.0 | 14.2 | 2.0 | 9.0 | -3.5% |
| Poland | 5.5 | 7.6 | 5.5 | 5.7 | 1.2% |
| France | 0.6 | N/A | 0.2 | 2.9 | 69.1% |
| Spain | N/A | N/A | 2.4 | 2.7 | 12.5% |
| Bulgaria | 3.4 | 4.9 | 3.4 | 2.4 | -11.0% |
| Others | 0.4 | 0.4 | 0.8 | 0.2 | -20.6% |
| Total | 29.8 | 54.0 | 38.0 | 42.7 | 12.7% |
Top Export Markets for Cocoa Paste from the UK in 2022:
- Ireland (5.4K tons)
- Belgium (2.6K tons)
- Poland (1.4K tons)
- France (0.8K tons)
- Spain (0.6K tons)
- Bulgaria (0.6K tons)
This report provides an in-depth analysis of the cocoa paste market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
455
This report provides an in-depth analysis of the cocoa paste market in the UK.
745
This report provides an in-depth analysis of the global cocoa paste market.
455
This report provides an in-depth analysis of the cocoa paste market in the UK.
745
This report provides an in-depth analysis of the global cocoa paste market.
229
In May 2023, the price of Cocoa Paste reached $4,595 per ton (CIF, United Kingdom), marking a 10% increase compared to the previous month.
1107
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 ...
740
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...
1810
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...
229
In May 2023, the price of Cocoa Paste reached $4,595 per ton (CIF, United Kingdom), marking a 10% increase compared to the previous month.
1107
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 ...
740
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...
1810
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...
