Benelux: Cocoa Paste Market 2024

Cocoa Paste Market Size in Benelux

In 2022, after three years of growth, there was significant decline in the Benelux cocoa paste market, when its value decreased by X% to $X. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then declined significantly in the following year.

Cocoa Paste Production in Benelux

In value terms, cocoa paste production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Cocoa Paste Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in overseas shipments of cocoa paste, when their volume decreased by X% to X tons. Total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted dramatically in the following year.

In value terms, cocoa paste exports declined notably to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced sharply in the following year.

Exports by Country

The Netherlands prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Belgium (X tons), constituting a X% share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest cocoa paste supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to X%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, approximately mirroring the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Cocoa Paste Imports

Imports in Benelux

Cocoa paste imports dropped slightly to X tons in 2022, waning by X% against 2021 figures. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, cocoa paste imports dropped to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

The Netherlands represented the largest importer of cocoa paste in Benelux, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Belgium (X tons), generating a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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