Austria: Cocoa Powder Market Overview 2020

Cocoa Powder Market Size in Austria

The revenue of the cocoa powder market in Austria amounted to $X in 2018, increasing by X% against the previous year. Overall, cocoa powder consumption, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Cocoa powder consumption peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Cocoa Powder Production in Austria

In value terms, cocoa powder production totaled $X in 2018 estimated in export prices. Overall, cocoa powder production continues to indicate a deep drop. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Cocoa powder production peaked at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Cocoa Powder Exports

Exports from Austria

In 2018, approx. X tonnes of cocoa powder (not sweetened) were exported from Austria; waning by -X% against the previous year. In general, cocoa powder exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, cocoa powder exports reached their maximum at X tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, cocoa powder exports amounted to $X in 2018. Overall, cocoa powder exports, however, continue to indicate a measured expansion. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, cocoa powder exports attained their peak of $X. From 2012 to 2018, the growth of cocoa powder exports failed to regain its momentum.

Exports by Country

Germany (X tonnes) was the main destination for cocoa powder exports from Austria, with a X% share of total exports. Moreover, cocoa powder exports to Germany exceeded the volume sent to the second major destination, Sweden (X tonnes), twofold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Belgium (+X% per year).

In value terms, Germany ($X) remains the key foreign market for cocoa powder exports from Austria, comprising X% of total cocoa powder exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Belgium (+X% per year).

Export Prices by Country

The average cocoa powder export price stood at $X per tonne in 2018, lowering by -X% against the previous year. In general, the cocoa powder export price, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for cocoa powder (not sweetened) reached their peak figure at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

Average prices varied somewhat for the major foreign markets. In 2018, the highest prices were recorded for prices to Norway ($X per tonne) and Germany ($X per tonne), while the average price for exports to Greece ($X per tonne) and Sweden ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Powder Imports

Imports into Austria

In 2018, the cocoa powder imports into Austria amounted to X tonnes, surging by X% against the previous year. Over the period under review, cocoa powder imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, cocoa powder imports stood at $X in 2018. Over the period under review, cocoa powder imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. In that year, cocoa powder imports attained their peak of $X. From 2012 to 2018, the growth of cocoa powder imports failed to regain its momentum.

Imports by Country

The Netherlands (X tonnes), Germany (X tonnes) and Spain (X tonnes) were the main suppliers of cocoa powder imports to Austria, together accounting for X% of total imports. Cote d'Ivoire, France and Italy lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Italy, while the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa powder suppliers to Austria were the Netherlands ($X), Germany ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports. These countries were followed by Spain, Italy and France, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cocoa powder import price stood at $X per tonne in 2018, reducing by -X% against the previous year. In general, the cocoa powder import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Cote d'Ivoire ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform