Estonia: Cocoa Butter Market 2020

Cocoa Butter Market Size in Estonia

The revenue of the cocoa butter market in Estonia amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, cocoa butter consumption, however, continues to indicate a slight increase. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, the cocoa butter market reached its maximum level at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Cocoa Butter Exports

Exports from Estonia

In 2018, the cocoa butter exports from Estonia stood at X tons, reducing by -X% against the previous year. In general, cocoa butter exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Exports peaked at X tons in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, cocoa butter exports totaled $X in 2018. In general, cocoa butter exports, however, continue to indicate remarkable growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, cocoa butter exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Cocoa Butter Imports

Imports into Estonia

In 2018, approx. X tons of cocoa butter were imported into Estonia; jumping by X% against the previous year. Overall, cocoa butter imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, cocoa butter imports reached their maximum at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, cocoa butter imports totaled $X in 2018. Overall, cocoa butter imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. In that year, cocoa butter imports attained their peak of $X. From 2015 to 2018, the growth of cocoa butter imports remained at a somewhat lower figure.

Source: IndexBox Market Intelligence Platform