Germany: Cocoa Paste Market 2024

Cocoa Paste Market Size in Germany

In 2022, the German cocoa paste market increased by X% to $X, rising for the third consecutive year after four years of decline. Overall, consumption, however, recorded a slight descent. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Cocoa Paste Production in Germany

In value terms, cocoa paste production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Cocoa paste production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Cocoa Paste Exports

Exports from Germany

In 2022, the amount of cocoa paste exported from Germany shrank modestly to X tons, falling by X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, cocoa paste exports fell to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Italy (X tons) and Poland (X tons) were the main destinations of cocoa paste exports from Germany, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cocoa paste exported from Germany were Belgium ($X), Italy ($X) and Poland ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average cocoa paste export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 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 Russia ($X per ton), while the average price for exports to Spain ($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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cocoa Paste Imports

Imports into Germany

Cocoa paste imports into Germany totaled X tons in 2022, picking up by X% on the previous year. Overall, imports, however, continue to indicate a noticeable setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cocoa paste imports dropped to $X in 2022. In general, imports, however, continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of cocoa paste to Germany, accounting for a X% share of total imports. Moreover, cocoa paste imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Cote d'Ivoire (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Cote d'Ivoire (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of cocoa paste to Germany, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

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

Import Prices by Country

In 2022, the average cocoa paste import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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