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Hungary - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Cocoa Powder Market Overview 2020

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Cocoa Powder Market Size in Hungary

The revenue of the cocoa powder market in Hungary amounted to $X in 2018, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. In that year, the cocoa powder market reached its peak level of $X. From 2012 to 2018, the growth of the cocoa powder market remained at a somewhat lower figure.

Cocoa Powder Production in Hungary

In value terms, cocoa powder production stood at $X in 2018 estimated in export prices. Overall, cocoa powder production continues to indicate a temperate slump. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, cocoa powder production attained its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Cocoa Powder Exports

Exports from Hungary

In 2018, the amount of cocoa powder (not sweetened) exported from Hungary amounted to X tonnes, increasing by X% against the previous year. Over the period under review, cocoa powder exports, however, continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, cocoa powder exports attained their peak figure at X tonnes in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, cocoa powder exports totaled $X in 2018. Over the period under review, cocoa powder exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tonnes) was the main destination for cocoa powder exports from Hungary, with a X% share of total exports. Moreover, cocoa powder exports to the Czech Republic exceeded the volume sent to the second major destination, Romania (X tonnes), threefold. The third position in this ranking was occupied by Slovenia (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Czech Republic amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Slovenia (-X% per year).

In value terms, the Czech Republic ($X), Romania ($X) and Slovenia ($X) were the largest markets for cocoa powder exported from Hungary worldwide, with a combined X% share of total exports. Croatia, the Netherlands, Sweden and Greece lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Croatia (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cocoa powder export price stood at $X per tonne in 2018, rising by X% against the previous year. Overall, the export price indicated a strong increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cocoa powder export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for cocoa powder (not sweetened) reached their peak figure in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Croatia ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Croatia, while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Powder Imports

Imports into Hungary

In 2018, approx. X tonnes of cocoa powder (not sweetened) were imported into Hungary; falling by -X% against the previous year. In general, cocoa powder imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, cocoa powder imports attained their peak of X tonnes, and then declined slightly in the following year.

In value terms, cocoa powder imports amounted to $X in 2018. Overall, cocoa powder imports, however, continue to indicate a pronounced increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, cocoa powder imports reached their maximum at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the Netherlands (X tonnes) constituted the largest supplier of cocoa powder to Hungary, with a X% share of total imports. Moreover, cocoa powder imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

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

From 2007 to 2018, 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: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The average cocoa powder import price stood at $X per tonne in 2018, dropping by -X% against the previous year. In general, the cocoa powder import price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for cocoa powder (not sweetened) attained their peak figure at $X per tonne in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Czech Republic ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 10821300 - Cocoa powder, not containing added sugar or other sweetening matter

This report provides an in-depth analysis of the cocoa powder market in Hungary. 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.


Country coverage:
• Hungary

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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