Russian Federation - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Powder Price in Russia - 2022
Contents:
- Cocoa Powder Price in Russia (CIF) - 2022
- Cocoa Powder Price in Russia (FOB) - 2022
- Cocoa Powder Imports in Russia
- Cocoa Powder Exports in Russia
Cocoa Powder Price in Russia (CIF) - 2022
In January 2022, the average cocoa powder import price amounted to $2,905 per ton, rising by 6.4% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In January 2022, the countries with the highest prices were Malaysia ($3,109 per ton) and the Netherlands ($3,092 per ton), while the price for Spain ($2,608 per ton) and Ghana ($2,796 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Powder Price in Russia (FOB) - 2022
The average cocoa powder export price stood at $1,821 per ton in 2022, growing by 16% against the previous year. Over the period under review, the export price, however, showed a deep slump. Over the period under review, the average export prices reached the maximum at $3,713 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($2,791 per ton), while the average price for exports to Belarus ($919 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 Tajikistan (+9.8%), while the prices for the other major destinations experienced a decline.
Cocoa Powder Imports in Russia
In 2022, the amount of cocoa powder (not sweetened) imported into Russia fell slightly to 53K tons, remaining relatively unchanged against the previous year's figure. Overall, imports recorded a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 2.3% against the previous year.
In value terms, cocoa powder imports reduced to $123M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports reached the peak of $137M, and then contracted in the following year.
| Import of Cocoa Powder in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 23.3 | 20.2 | 21.1 | 30.8 | 9.7% |
| Germany | 21.2 | 15.6 | 23.9 | 25.0 | 5.6% |
| Netherlands | 10.9 | 11.7 | 18.6 | 17.8 | 17.8% |
| Spain | 11.7 | 11.5 | 13.7 | 13.5 | 4.9% |
| Ghana | 9.6 | 16.7 | 19.0 | 8.1 | -5.5% |
| Indonesia | 16.5 | 10.3 | 21.1 | 7.8 | -22.1% |
| Cote d'Ivoire | 5.0 | 14.6 | 8.5 | 5.4 | 2.6% |
| Others | 9.5 | 9.0 | 11.3 | 15.0 | 16.4% |
| Total | 108 | 110 | 137 | 123 | 4.4% |
Top Suppliers of Cocoa Powder to Russia in 2022:
- Malaysia (12.3K tons)
- Germany (11.0K tons)
- Netherlands (7.1K tons)
- Spain (6.4K tons)
- Ghana (3.6K tons)
- Indonesia (3.3K tons)
- Cote d'Ivoire (2.3K tons)
Cocoa Powder Exports in Russia
In 2022, shipments abroad of cocoa powder (not sweetened) decreased by -17.8% to 5.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, the exports reached the peak of 6.2K tons, and then reduced notably in the following year.
In value terms, cocoa powder exports dropped to $9.3M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 increased by +77.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year.
| Export of Cocoa Powder in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 1,823 | 2,104 | 2,558 | 3,748 | 27.2% |
| Estonia | 1,160 | 1,528 | 1,767 | 1,198 | 1.1% |
| Tajikistan | 126 | 146 | 229 | 1,046 | 102.5% |
| Kazakhstan | 898 | 1,985 | 1,822 | 962 | 2.3% |
| Belarus | 495 | 1,170 | 1,297 | 821 | 18.4% |
| Armenia | 62.1 | 327 | 290 | 464 | 95.5% |
| Georgia | 82.7 | 190 | 203 | 303 | 54.2% |
| Kyrgyzstan | 216 | 248 | 436 | 208 | -1.3% |
| Others | 359 | 1,070 | 1,132 | 503 | 11.9% |
| Total | 5,222 | 8,770 | 9,734 | 9,252 | 21.0% |
Top Export Markets for Cocoa Powder from Russia in 2022:
- Ukraine (1489.8 tons)
- Estonia (1077.6 tons)
- Belarus (893.9 tons)
- Tajikistan (554.9 tons)
- Kazakhstan (548.3 tons)
- Armenia (177.8 tons)
- Georgia (108.4 tons)
- Kyrgyzstan (71.5 tons)
This report provides an in-depth analysis of the cocoa powder market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
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This report provides an in-depth analysis of the cocoa powder market in the Russian Federation.
2013
This report provides an in-depth analysis of the global cocoa powder market.
529
This report provides an in-depth analysis of the cocoa powder market in the Russian Federation.
2013
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.
