Cyprus: Cocoa Butter Market 2020

Cocoa Butter Market Size in Cyprus

The revenue of the cocoa butter market in Cyprus amounted to $X in 2018, coming down by -X% against the previous year. In general, cocoa butter consumption continues to indicate a moderate setback. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Cocoa butter consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Cocoa Butter Production in Cyprus

In value terms, cocoa butter production totaled $X in 2018 estimated in export prices. Overall, cocoa butter production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2010 when production volume increased by X% against the previous year. Over the period under review, cocoa butter production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Cocoa Butter Exports

Exports from Cyprus

In 2018, the exports of cocoa butter from Cyprus stood at X kg, coming down by -X% against the previous year. Overall, cocoa butter exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. In that year, cocoa butter exports reached their peak of X kg. From 2015 to 2018, the growth of cocoa butter exports remained at a somewhat lower figure.

In value terms, cocoa butter exports stood at $X in 2018. Over the period under review, cocoa butter exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. In that year, cocoa butter exports attained their peak of $X. From 2015 to 2018, the growth of cocoa butter exports remained at a lower figure.

Cocoa Butter Imports

Imports into Cyprus

In 2018, the cocoa butter imports into Cyprus totaled X tons, increasing by X% against the previous year. Over the period under review, cocoa butter imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. In that year, cocoa butter imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, cocoa butter imports amounted to $X in 2018. Overall, cocoa butter imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, cocoa butter imports attained their peak and are likely to continue its growth in the immediate term.

Source: IndexBox Market Intelligence Platform