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

Cocoa Bean Market Size in Greece

The Greek cocoa bean market surged to $X in 2020, 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). Overall, consumption, however, showed a slight slump. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Cocoa bean consumption peaked at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Cocoa Bean Exports

Exports from Greece

In 2020, shipments abroad of cocoa beans decreased by -X% to X tonnes, falling for the seventh year in a row after seven years of growth. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2014 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, cocoa bean exports declined dramatically to $X in 2020. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Bulgaria (X tonnes) was the main destination for cocoa bean exports from Greece, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Bulgaria stood at +X%.

In value terms, Bulgaria ($X) also remains the key foreign market for cocoa bean exports from Greece.

From 2007 to 2020, the average annual growth rate of value to Bulgaria stood at +X%.

Export Prices by Country

In 2020, the average cocoa bean export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bulgaria.

From 2007 to 2020, the rate of growth in terms of prices for Bulgaria amounted to +X% per year.

Cocoa Bean Imports

Imports into Greece

In 2020, the amount of cocoa beans imported into Greece stood at X tonnes, increasing by X% on 2019 figures. Overall, imports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2009; however, from 2010 to 2020, imports remained at a lower figure.

In value terms, cocoa bean imports skyrocketed to $X in 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest supplier of cocoa bean to Greece, accounting for a X% share of total imports. Moreover, cocoa bean imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands stood at -X%.

In value terms, the Netherlands ($X) constituted the largest supplier of cocoa bean to Greece, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the Netherlands stood at -X%.

Import Prices by Country

In 2020, the average cocoa bean import price amounted to $X per tonne, increasing by X% against the previous year. In general, import price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cocoa bean import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2010 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the price for Germany amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa beans in the world?
+
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), together accounting for 42% of global consumption. Ghana, Belgium, the U.S., Brazil, Malaysia, Germany, Nigeria, France, Turkey and the UK lagged somewhat behind, together comprising a further 40%.
What are the largest producers of cocoa beans in the world?
+
The country with the largest volume of cocoa bean production was Cote d'Ivoire (2.3M tonnes), accounting for 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. The third position in this ranking was occupied by Indonesia (788K tonnes), with a 13% share.
What are the leading suppliers of cocoa beans to Greece?
+
In value terms, the Netherlands ($8.6M) constituted the largest supplier of cocoa bean to Greece, comprising 87% of total imports. The second position in the ranking was occupied by Germany ($1.2M), with a 12% share of total imports.
What are the leading importers of cocoa beans from Greece?
+
In value terms, Bulgaria ($3.4K) remains the key foreign market for cocoa bean exports from Greece.
What is the average export price for cocoa beans in Greece?
+
The average cocoa bean export price stood at $3,442 per tonne in 2020, waning by -27.9% against the previous year.
What is the average import price for cocoa beans in Greece?
+
The average cocoa bean import price stood at $2,768 per tonne in 2020, increasing by 9.9% against the previous year.

Product coverage:
• FCL 661 - Cocoa beans

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

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