Report EU - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 13, 2023

EU - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights

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EU: Cocoa Bean Market 2023

Cocoa Bean Market Size in the EU

The EU cocoa bean market expanded rapidly to $X in 2021, increasing by 5.7% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Cocoa Bean Production in the EU

In value terms, cocoa bean production declined to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 17% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

The country with the largest volume of cocoa bean production was Estonia (X tons), accounting for 98% of total volume. It was followed by Lithuania (X tons), with a 1.8% share of total production.

From 2012 to 2021, the average annual growth rate of volume in Estonia was relatively modest.

Cocoa Bean Exports

Exports in the EU

In 2021, shipments abroad of cocoa beans increased by 18% to X tons, rising for the second consecutive year after two years of decline. Overall, exports posted noticeable growth. The most prominent rate of growth was recorded in 2020 when exports increased by 92%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, cocoa bean exports skyrocketed to $X in 2021. Over the period under review, exports showed a temperate increase. The most prominent rate of growth was recorded in 2020 with an increase of 106%. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) dominates exports structure, together committing 94% of total exports. The following exporters - Germany (X tons) and Estonia (X tons) - each resulted at a 5.3% share of total exports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +7.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa bean supplying countries in the European Union were the Netherlands ($X), Belgium ($X) and Germany ($X), together accounting for 97% of total exports.

In terms of the main exporting countries, Belgium, with a CAGR of +6.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, remaining constant against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 12% 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 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while the Netherlands ($X per ton) and Estonia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the other leaders experienced mixed trends in the export price figures.

Cocoa Bean Imports

Imports in the EU

In 2021, cocoa bean imports in the European Union amounted to X tons, increasing by 5.9% against the previous year's figure. The total import volume increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 12%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, cocoa bean imports rose sharply to $X in 2021. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the Netherlands (X tons) represented the key importer of cocoa beans, constituting 39% of total imports. Germany (X tons) took the second position in the ranking, followed by Belgium (X tons), France (X tons), Italy (X tons) and Spain (X tons). All these countries together held approx. 57% share of total imports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +6.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021, together accounting for 76% of total imports.

Belgium, with a CAGR of +5.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, with an increase of 3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by 16% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Italy ($X per ton) and France ($X per ton), while the Netherlands ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa beans in the the EU?
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The countries with the highest volumes of consumption in 2021 were the Netherlands, Germany and France, together comprising 73% of total consumption. Belgium, Italy, Spain and Bulgaria lagged somewhat behind, together comprising a further 23%.
What are the largest producers of cocoa beans in the the EU?
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Estonia constituted the country with the largest volume of cocoa bean production, comprising approx. 98% of total volume. It was followed by Lithuania, with a 1.8% share of total production.
What are the leading exporters of cocoa beans in the the EU?
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In value terms, the Netherlands, Belgium and Germany constituted the countries with the highest levels of exports in 2021, with a combined 97% share of total exports.
What are the leading importers of cocoa beans in the the EU?
+
In value terms, the Netherlands, Germany and Belgium were the countries with the highest levels of imports in 2021, together accounting for 76% of total imports.
What is the average export price for cocoa beans in the the EU?
+
The export price in the European Union stood at $2,846 per ton in 2021, approximately equating the previous year.
What is the average import price for cocoa beans in the the EU?
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The import price in the European Union stood at $2,838 per ton in 2021, increasing by 3% against the previous year.

This report provides an in-depth analysis of the cocoa bean market in the EU. 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 2030.


Product coverage:
• FCL 661 - Cocoa beans

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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
REPORT DESCRIPTION
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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Harvested Area, By Country, 2007-2022
Table 7:
Yield, By Country, 2007-2022
Table 8:
Imports, In Physical Terms, By Country, 2012–2022
Table 9:
Imports, In Value Terms, By Country, 2012–2022
Table 10:
Import Prices, By Country Of Destination, 2012–2022
Table 11:
Exports, In Physical Terms, By Country, 2012–2022
Table 12:
Exports, In Value Terms, By Country, 2012–2022
Table 13:
Export Prices, By Country Of Origin, 2012–2022
Table 14:
Producer Prices, By Major Producing Country, 2022
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Area Harvested, 2012–2022
Figure 20:
Yield, 2012–2022
Figure 21:
Production, By Country, 2022
Figure 22:
Production, In Physical Terms, By Country, 2012–2022
Figure 23:
Harvested Area, By Country, 2022
Figure 24:
Harvested Area, By Country, 2007-2022
Figure 25:
Yield, By Country, 2007-2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, 2012–2022
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