Lithuania - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Powder Price in Lithuania - 2023
Contents:
- Cocoa Powder Price in Lithuania (CIF) - 2023
- Cocoa Powder Price in Lithuania (FOB) - 2023
- Cocoa Powder Imports in Lithuania
- Cocoa Powder Exports in Lithuania
Cocoa Powder Price in Lithuania (CIF) - 2023
In September 2023, the average cocoa powder import price amounted to $3,559 per ton, reducing by -7.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in April 2023 when the average import price increased by 16% month-to-month. The import price peaked at $3,845 per ton in August 2023, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($7,809 per ton), while the price for China ($1,366 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Powder Price in Lithuania (FOB) - 2023
The average cocoa powder export price stood at $3,167 per ton in September 2023, picking up by 27% against the previous month. In general, export price indicated a temperate increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, cocoa powder export price decreased by -13.2% against July 2023 indices. The pace of growth was the most pronounced in November 2022 when the average export price increased by 40% against the previous month. Over the period under review, the average export prices hit record highs at $4,352 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Latvia ($4,651 per ton), while the average price for exports to Poland ($2,074 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Powder Imports in Lithuania
Cocoa powder imports into Lithuania expanded markedly to 1.4K tons in 2022, growing by 6.4% compared with 2021. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 7.1% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, cocoa powder imports rose modestly to $4.1M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Cocoa Powder in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,229 | 1,456 | 1,626 | 1,966 | 17.0% |
| Latvia | 98.2 | 541 | 913 | 793 | 100.6% |
| Germany | 722 | 199 | 409 | 651 | -3.4% |
| Poland | 145 | 151 | 316 | 215 | 14.0% |
| Spain | 221 | 257 | 276 | 128 | -16.6% |
| Italy | 193 | 201 | 186 | 127 | -13.0% |
| China | 56.9 | 43.9 | 48.7 | 79.3 | 11.7% |
| Estonia | 19.1 | N/A | N/A | 67.3 | 52.2% |
| Ukraine | N/A | 80.5 | 39.3 | 19.6 | -50.7% |
| Slovenia | 208 | 31.2 | N/A | N/A | -85.0% |
| Others | 183 | 350 | 248 | 91.6 | -20.6% |
| Total | 3,075 | 3,311 | 4,062 | 4,139 | 10.4% |
Top Suppliers of Cocoa Powder to Lithuania in 2022:
- Netherlands (641.0 tons)
- Latvia (246.1 tons)
- Germany (219.6 tons)
- Poland (79.1 tons)
- China (48.0 tons)
- Spain (48.0 tons)
- Estonia (28.7 tons)
- Italy (28.0 tons)
- Ukraine (8.0 tons)
Cocoa Powder Exports in Lithuania
After two years of decline, overseas shipments of cocoa powder (not sweetened) increased by 89% to 727 tons in 2022. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cocoa powder exports surged to $1.8M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, 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 Powder in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 49.0 | 68.0 | 89.4 | 426 | 105.6% |
| Latvia | 280 | 288 | 349 | 345 | 7.2% |
| Russia | 268 | 346 | 266 | 252 | -2.0% |
| Estonia | 11.7 | 25.9 | 17.9 | 166 | 142.1% |
| Slovakia | N/A | N/A | N/A | 156 | 0% |
| Croatia | N/A | N/A | 20.1 | 96.2 | 378.6% |
| Uzbekistan | 493 | 277 | 21.6 | 87.2 | -43.9% |
| Romania | N/A | N/A | 110 | 51.3 | -53.4% |
| Kazakhstan | 135 | 74.4 | 62.9 | 43.3 | -31.5% |
| Others | 53.6 | 175 | 141 | 152 | 41.5% |
| Total | 1,290 | 1,254 | 1,078 | 1,776 | 11.2% |
Top Export Markets for Cocoa Powder from Lithuania in 2022:
- Belarus (199.3 tons)
- Latvia (107.0 tons)
- Slovakia (91.7 tons)
- Estonia (81.5 tons)
- Russia (68.5 tons)
- Croatia (47.9 tons)
- Romania (34.8 tons)
- Uzbekistan (28.3 tons)
- Kazakhstan (13.0 tons)
This report provides an in-depth analysis of the cocoa powder market in Lithuania. 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 665 - Cocoa Powder and Cake
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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
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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
719
This report provides an in-depth analysis of the cocoa powder market in Lithuania.
2014
This report provides an in-depth analysis of the global cocoa powder market.
719
This report provides an in-depth analysis of the cocoa powder market in Lithuania.
2014
This report provides an in-depth analysis of the global cocoa powder market.
909
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1475
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1996
From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.
1373
The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.
909
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1475
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1996
From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.
1373
The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.
