France: Cocoa Powder Market 2024

Cocoa Powder Market Size in France

The French cocoa powder market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a pronounced decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cocoa Powder Production in France

In value terms, cocoa powder production reached $X in 2022 estimated in export price. In general, production, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Cocoa powder production peaked in 2022 and is likely to continue growth in years to come.

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Cocoa Powder Exports

Exports from France

After two years of growth, overseas shipments of cocoa powder (not sweetened) decreased by X% to X tons in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cocoa powder exports declined slightly to $X in 2022. Overall, exports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), the United States (X tons) and Germany (X tons) were the main destinations of cocoa powder exports from France, together accounting for X% of total exports. Italy, the Netherlands, Algeria, Sweden, Switzerland, Russia, the UK, Israel, Egypt and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the United States ($X) and Germany ($X) constituted the largest markets for cocoa powder exported from France worldwide, together comprising X% of total exports. Italy, the Netherlands, the UK, Algeria, Sweden, Switzerland, Russia, Israel, Egypt and Spain lagged somewhat behind, together accounting for a further X%.

Switzerland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 2022, the average cocoa powder export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Cocoa Powder Imports

Imports into France

In 2022, after three years of decline, there was growth in overseas purchases of cocoa powder (not sweetened), when their volume increased by X% to X tons. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, cocoa powder imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest cocoa powder supplier to France, accounting for a X% share of total imports. Moreover, cocoa powder imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Spain (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of cocoa powder (not sweetened) to France, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average cocoa powder import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price saw a perceptible setback. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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