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Czech Republic - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Cocoa Bean Market Overview 2021

Cocoa Bean Market Size in the Czech Republic

The Czech cocoa bean market skyrocketed to $X in 2020, growing by X% against the previous year. Overall, consumption continues to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when the market value increased by X% year-to-year. Cocoa bean consumption peaked in 2020 and is likely to see gradual growth in years to come.

Cocoa Bean Production in the Czech Republic

In value terms, cocoa bean production soared to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a significant increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

The average yield of cocoa beans in the Czech Republic totaled X kg per ha in 2020, flattening at the year before. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cocoa bean harvested area in the Czech Republic amounted to X ha in 2020, flattening at the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern.

Cocoa Bean Exports

Exports from the Czech Republic

In 2020, exports of cocoa beans from the Czech Republic shrank rapidly to X tonnes, which is down by -X% compared with 2019. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then dropped sharply in the following year.

In value terms, cocoa bean exports dropped significantly to $X in 2020. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, exports reached the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Slovakia (X tonnes) was the main destination for cocoa bean exports from the Czech Republic, with a X% share of total exports. Moreover, cocoa bean exports to Slovakia exceeded the volume sent to the second major destination, Italy (X kg), fivefold. The third position in this ranking was occupied by Lithuania (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Slovakia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Lithuania (+X% per year).

In value terms, the largest markets for cocoa bean exported from the Czech Republic were Slovakia ($X), Italy ($X) and Poland ($X), together comprising X% of total exports. Lithuania, Hungary, Latvia and Germany lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average cocoa bean export price amounted to $X per tonne, rising by X% against the previous year. In general, the export price, however, saw a deep reduction. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Slovakia ($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 Lithuania, while the prices for the other major destinations experienced mixed trend patterns.

Cocoa Bean Imports

Imports into the Czech Republic

In 2020, cocoa bean imports into the Czech Republic soared to X tonnes, with an increase of X% against the previous year. Over the period under review, imports recorded a strong increase. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, cocoa bean imports rose significantly to $X in 2020. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in years to come.

Imports by Country

Sierra Leone (X tonnes), Germany (X tonnes) and Peru (X tonnes) were the main suppliers of cocoa bean imports to the Czech Republic, with a combined X% share of total imports. The Dominican Republic, Slovakia, Cote d'Ivoire, Ecuador and the Netherlands lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Dominican Republic (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa bean suppliers to the Czech Republic were Sierra Leone ($X), Germany ($X) and Peru ($X), with a combined X% share of total imports. These countries were followed by the Dominican Republic, Slovakia, Cote d'Ivoire, the Netherlands and Ecuador, which together accounted for a further X the main suppliers, the Dominican Republic (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cocoa bean import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the price for Sierra Leone ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa beans in the world?
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The countries with the highest volumes of cocoa bean consumption in 2020 were Indonesia (959K tonnes), Cote d'Ivoire (920K tonnes) and the Netherlands (819K tonnes), with a combined 42% share of global consumption. These countries were followed by Ghana, Belgium, the U.S., Brazil, Malaysia, Germany, Nigeria, France, Turkey and the UK, which together accounted for a further 40%.
What are the largest producers of cocoa beans in the world?
+
Cote d'Ivoire (2.3M tonnes) constituted the country with the largest volume of cocoa bean production, comprising approx. 37% of total volume. Moreover, cocoa bean production in Cote d'Ivoire exceeded the figures recorded by the second-largest producer, Ghana (831K tonnes), threefold. Indonesia (788K tonnes) ranked third in terms of total production with a 13% share.
What are the leading suppliers of cocoa beans to the Czech Republic?
+
In value terms, the largest cocoa bean suppliers to the Czech Republic were Sierra Leone ($154K), Germany ($152K) and Peru ($103K), together comprising 63% of total imports. The Dominican Republic, Slovakia, Cote d'Ivoire, the Netherlands and Ecuador lagged somewhat behind, together comprising a further 30%.
What are the leading importers of cocoa beans from the Czech Republic?
+
In value terms, the largest markets for cocoa bean exported from the Czech Republic were Slovakia ($40K), Italy ($23K) and Poland ($6.2K), together accounting for 78% of total exports. These countries were followed by Lithuania, Hungary, Latvia and Germany, which together accounted for a further 20%.
What is the average export price for cocoa beans in the Czech Republic?
+
In 2020, the average cocoa bean export price amounted to $12,455 per tonne, surging by 13% against the previous year.
What is the average import price for cocoa beans in the Czech Republic?
+
In 2020, the average cocoa bean import price amounted to $5,277 per tonne, dropping by -8% against the previous year.

Product coverage:
• FCL 661 - Cocoa beans

This report provides an in-depth analysis of the cocoa bean market in the Czech Republic. 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:
• Czech Republic

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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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