United Kingdom - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cocoa Powder with Sugar in the UK - 2023
Contents:
- Price for Cocoa Powder with Sugar in the UK (CIF) - 2022
- Price for Cocoa Powder with Sugar in the UK (FOB) - 2023
- Imports of Cocoa Powder with Sugar in the UK
- Exports of Cocoa Powder with Sugar in the UK
Price for Cocoa Powder with Sugar in the UK (CIF) - 2022
The average cocoa powder with sugar import price stood at $5,026 per ton in 2022, with a decrease of -24.9% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2021 when the average import price increased by 37%. The import price peaked at $7,753 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,622 per ton), while the price for Hungary ($3,177 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa Powder with Sugar in the UK (FOB) - 2023
The average cocoa powder with sugar export price stood at $6,263 per ton in June 2023, growing by 24% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 63% month-to-month. As a result, the export price reached the peak level of $10,122 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Saudi Arabia ($10,194 per ton), while the average price for exports to Poland ($2,401 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 Jordan (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa Powder with Sugar in the UK
In 2022, purchases abroad of cocoa powder (containing added sugar) decreased by -67.2% to 1.6K tons, falling for the second consecutive year after two years of growth. In general, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of 9.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cocoa powder with sugar imports reduced rapidly to $8M in 2022. Over the period under review, imports showed a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports attained the peak of $46M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cocoa Powder with Sugar in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.8 | 1.9 | 0.3 | 2.2 | -27.6% |
| Germany | 2.8 | 6.3 | 3.9 | 1.6 | -17.0% |
| China | 0.5 | 0.5 | 0.7 | 0.8 | 17.0% |
| Switzerland | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
| France | 1.4 | 0.8 | 1.0 | 0.5 | -29.1% |
| Italy | 3.7 | 4.3 | 2.8 | 0.4 | -52.4% |
| Ireland | 2.3 | 1.2 | 1.1 | 0.4 | -44.2% |
| United States | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Taiwan (Chinese) | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Hungary | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | 14.6 | 23.5 | 20.6 | 0.1 | -81.0% |
| Spain | 5.2 | 5.1 | 0.4 | 0.1 | -73.2% |
| Others | 1.0 | 1.6 | 1.3 | 0.7 | -11.2% |
| Total | 37.7 | 45.6 | 32.6 | 8.0 | -40.4% |
Top Suppliers of Cocoa Powder with Sugar to the UK in 2022:
- Netherlands (597.4 tons)
- Germany (452.9 tons)
- Switzerland (105.9 tons)
- France (86.8 tons)
- Ireland (55.7 tons)
- China (54.8 tons)
- Italy (32.8 tons)
- Hungary (28.4 tons)
- Taiwan (Chinese) (28.3 tons)
- United States (25.9 tons)
- Spain (12.3 tons)
- Belgium (11.6 tons)
Exports of Cocoa Powder with Sugar in the UK
In 2022, overseas shipments of cocoa powder (containing added sugar) were finally on the rise to reach 1.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt curtailment.
In value terms, cocoa powder with sugar exports skyrocketed to $11M in 2022. Overall, exports, however, continue to indicate a abrupt descent.
| Export of Cocoa Powder with Sugar in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 4,631 | 4,445 | 2,661 | 1,667 | -28.9% |
| Hong Kong SAR | 231 | 559 | 285 | 1,304 | 78.1% |
| Saudi Arabia | 4,528 | 4,495 | 1,092 | 1,138 | -36.9% |
| Australia | 414 | 438 | 99.6 | 1,130 | 39.8% |
| Netherlands | 80.5 | 550 | 260 | 577 | 92.8% |
| United Arab Emirates | 721 | 54.2 | 34.8 | 550 | -8.6% |
| Poland | 358 | 498 | 271 | 419 | 5.4% |
| Libya | 890 | 9.0 | 94.6 | 270 | -32.8% |
| Morocco | 2.8 | 1.5 | N/A | 263 | 354.6% |
| Chile | 11.2 | 49.8 | N/A | 217 | 168.6% |
| Jordan | 679 | 22.3 | 1.8 | 195 | -34.0% |
| Czech Republic | 131 | 71.0 | 284 | 188 | 12.8% |
| Kuwait | 106 | 284 | 158 | 157 | 14.0% |
| Others | 5,518 | 6,550 | 3,039 | 2,766 | -20.6% |
| Total | 18,302 | 18,026 | 8,282 | 10,840 | -16.0% |
Top Export Markets for Cocoa Powder with Sugar from the UK in 2022:
- Ireland (361.1 tons)
- Hong Kong SAR (181.4 tons)
- Poland (180.8 tons)
- Saudi Arabia (136.1 tons)
- Australia (116.0 tons)
- United Arab Emirates (67.0 tons)
- Netherlands (60.2 tons)
- Libya (49.8 tons)
- Czech Republic (45.4 tons)
- Kuwait (43.1 tons)
- Morocco (30.0 tons)
- Chile (27.2 tons)
- Jordan (25.9 tons)
This report provides an in-depth analysis of the market for cocoa powder with sugar 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 10821400 - Cocoa powder, 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.
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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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