Romania - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Romania - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights

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Cocoa Powder Price in Romania - 2023

Contents:

  1. Cocoa Powder Price in Romania (CIF) - 2023
  2. Cocoa Powder Price in Romania (FOB) - 2022
  3. Cocoa Powder Imports in Romania
  4. Cocoa Powder Exports in Romania

Cocoa Powder Price in Romania (CIF) - 2023

In July 2023, the average cocoa powder import price amounted to $3,484 per ton, growing by 2.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in December 2022 when the average import price increased by 11% against the previous month. Over the period under review, average import prices attained the peak figure at $3,583 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($4,855 per ton), while the price for Bulgaria ($2,269 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Cocoa Powder Price in Romania (FOB) - 2022

In 2022, the average cocoa powder export price amounted to $2,893 per ton, reducing by -2.3% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2016 an increase of 23%. Over the period under review, the average export prices hit record highs at $4,873 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($8,266 per ton), while the average price for exports to Bulgaria ($2,110 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 Moldova (+4.1%), while the prices for the other major destinations experienced a decline.

Cocoa Powder Imports in Romania

In 2022, the amount of cocoa powder (not sweetened) imported into Romania dropped dramatically to 5.4K tons, declining by -19.8% compared with 2021 figures. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.7%.

In value terms, cocoa powder imports contracted dramatically to $16M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports reached the peak of $20M, and then declined dramatically in the following year.

Import of Cocoa Powder in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.98.411.17.52.8%
Spain2.22.13.22.54.4%
Germany2.32.21.92.0-4.6%
Poland0.90.61.31.210.1%
Bulgaria0.60.50.60.75.3%
France0.50.40.60.50.0%
Belgium0.10.40.40.458.7%
Turkey0.80.50.50.3-27.9%
Others0.50.20.60.50.0%
Total14.815.420.215.61.8%

Top Suppliers of Cocoa Powder to Romania in 2022:

  1. Netherlands (2543.8 tons)
  2. Spain (970.3 tons)
  3. Germany (640.7 tons)
  4. Bulgaria (395.0 tons)
  5. Poland (333.6 tons)
  6. France (145.7 tons)
  7. Belgium (98.8 tons)
  8. Turkey (85.1 tons)

Cocoa Powder Exports in Romania

In 2022, after three years of growth, there was significant decline in overseas shipments of cocoa powder (not sweetened), when their volume decreased by -24% to 595 tons. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 168%. As a result, the exports attained the peak of 782 tons, and then contracted sharply in the following year.

In value terms, cocoa powder exports dropped rapidly to $1.7M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 114%. As a result, the exports reached the peak of $2.3M, and then declined notably in the following year.

Export of Cocoa Powder in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria24923073170241.3%
Greece6.1211684404304.6%
Ukraine12624021918914.5%
Moldova1502002251847.0%
United Kingdom36.773.514012349.7%
TurkeyN/AN/A74.2N/A0%
Others1171292431180.3%
Total6851,0832,3161,72035.9%

Top Export Markets for Cocoa Powder from Romania in 2022:

  1. Bulgaria (332.5 tons)
  2. Greece (145.9 tons)
  3. Ukraine (48.7 tons)
  4. Moldova (26.4 tons)
  5. United Kingdom (14.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cocoa powder market in Romania. 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:

  • Romania

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Romania
  • 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 Powder in the World?
May 28, 2018
Eye 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>

Which Country Exports the Most Cocoa Powder in the World?
May 28, 2018
Eye 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>

Cocoa Powder Market - Global Exports of Cocoa Powder Stabilized After Three Years of Steady Decline
Dec 22, 2016
Eye 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.

Is the World Losing Its Sweet Tooth?
Aug 10, 2015
Eye 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.

Which Country Imports the Most Cocoa Powder in the World?
May 28, 2018
Eye 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>

Which Country Exports the Most Cocoa Powder in the World?
May 28, 2018
Eye 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>

Cocoa Powder Market - Global Exports of Cocoa Powder Stabilized After Three Years of Steady Decline
Dec 22, 2016
Eye 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.

Is the World Losing Its Sweet Tooth?
Aug 10, 2015
Eye 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.

Free Data: Cocoa Powder (Not Sweetened) - Romania