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Australia - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights
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Australia: Cocoa Paste Market Overview 2021

Cocoa Paste Market Size in Australia

The Australian cocoa paste market surged to $X in 2020, jumping by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2020 and is likely to continue growth in the near future.

Cocoa Paste Production in Australia

In value terms, cocoa paste production surged to $X in 2020 estimated in export prices. Overall, the total production indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Cocoa paste production peaked in 2020 and is likely to see steady growth in the near future.

Cocoa Paste Exports

Exports from Australia

Cocoa paste exports from Australia contracted rapidly to X tonnes in 2020, shrinking by -X% compared with 2019 figures. Overall, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes, and then fell sharply in the following year.

In value terms, cocoa paste exports shrank notably to $X in 2020. In general, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

Malaysia (X tonnes) was the main destination for cocoa paste exports from Australia, accounting for a X% share of total exports. Moreover, cocoa paste exports to Malaysia exceeded the volume sent to the second major destination, Singapore (X tonnes), twofold. The third position in this ranking was occupied by New Zealand (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-X% per year) and New Zealand (-X% per year).

In value terms, Malaysia ($X), Singapore ($X) and the Netherlands ($X) were the largest markets for cocoa paste exported from Australia worldwide, together accounting for X% of total exports.

Among the main countries of destination, the Netherlands saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cocoa paste export price stood at $X per tonne in 2020, surging by X% against the previous year. In general, export price indicated a measured expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Paste Imports

Imports into Australia

In 2020, approx. X tonnes of cocoa paste were imported into Australia; surging by X% against 2019 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, cocoa paste imports expanded notably to $X in 2020. In general, total imports indicated a noticeable increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Singapore (X tonnes) constituted the largest cocoa paste supplier to Australia, accounting for a X% share of total imports. Moreover, cocoa paste imports from Singapore exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), fivefold. The third position in this ranking was occupied by Cote d'Ivoire (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Singapore amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Cote d'Ivoire (-X% per year).

In value terms, Singapore ($X) constituted the largest supplier of cocoa paste to Australia, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Singapore stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Cote d'Ivoire (-X% per year).

Import Prices by Country

The average cocoa paste import price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Chile ($X per tonne) and Ecuador ($X per tonne), while the price for Singapore ($X per tonne) and Ghana ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa paste in the world?
+
The countries with the highest volumes of cocoa paste consumption in 2020 were China (1.4M tonnes), the U.S. (810K tonnes) and India (553K tonnes), together comprising 29% of global consumption. These countries were followed by Japan, Russia, Brazil, Pakistan, Indonesia, Nigeria, Germany, Mexico, the UK and Bangladesh, which together accounted for a further 25%.
What are the largest producers of cocoa paste in the world?
+
The countries with the highest volumes of cocoa paste production in 2020 were China (1.3M tonnes), the U.S. (696K tonnes) and India (551K tonnes), together comprising 28% of global production. These countries were followed by Japan, Cote d'Ivoire, Indonesia, Brazil, Pakistan, Russia, Nigeria, Mexico, the UK and Bangladesh, which together accounted for a further 27%.
What are the leading suppliers of cocoa paste to Australia?
+
In value terms, Singapore ($42M) constituted the largest supplier of cocoa paste to Australia, comprising 56% of total imports. The second position in the ranking was occupied by Malaysia ($9.4M), with a 13% share of total imports. It was followed by Cote d'Ivoire, with a 8.6% share.
What are the leading importers of cocoa paste from Australia?
+
In value terms, Malaysia ($26K), Singapore ($17K) and the Netherlands ($16K) constituted the largest markets for cocoa paste exported from Australia worldwide, together comprising 81% of total exports.
What is the average export price for cocoa paste in Australia?
+
In 2020, the average cocoa paste export price amounted to $4,425 per tonne, jumping by 48% against the previous year.
What is the average import price for cocoa paste in Australia?
+
The average cocoa paste import price stood at $4,015 per tonne in 2020, growing by 2.5% against the previous year.

Product coverage:
• Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

This report provides an in-depth analysis of the cocoa paste market in Australia. 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 2025.


Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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