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

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Cocoa Bean Market Size in Ireland

The Irish cocoa bean market fell modestly to $X in 2019, which is down 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). In general, consumption faced a deep slump. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Cocoa bean consumption peaked at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Cocoa Bean Exports

Exports from Ireland

In 2019, overseas shipments of cocoa beans decreased by -X% to X kg, falling for the third consecutive year after two years of growth. Overall, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, cocoa bean exports reduced rapidly to $X in 2019. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. From 2017 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The UK (X kg), the Czech Republic (X kg) and the Netherlands (X kg) were the main destinations of cocoa bean exports from Ireland, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK, while exports for the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X) emerged as the key foreign market for cocoa bean exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2019, the average cocoa bean export price amounted to $X per tonne, approximately mirroring the previous year. Overall, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2017; afterwards, it flattened through to 2019.

Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Bean Imports

Imports into Ireland

Cocoa bean imports into Ireland declined rapidly to X tonnes in 2019, with a decrease of -X% compared with 2018. Over the period under review, imports saw a precipitous setback. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, cocoa bean imports stood at $X in 2019. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Ghana (X tonnes) was the main cocoa bean supplier to Ireland, accounting for a X% share of total imports. Moreover, cocoa bean imports from Ghana exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Ghana totaled -X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value from Ghana totaled -X%.

Import Prices by Country

The average cocoa bean import price stood at $X per tonne in 2019, picking up by X% against the previous year. Overall, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2019 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Ghana ($X per tonne), while the price for the UK stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ghana.

Source: IndexBox AI 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 2019 were Indonesia (1M tonnes), the Netherlands (825K tonnes) and Cote d'Ivoire (560K tonnes), with a combined 45% share of global consumption.
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 (2.2M tonnes), comprising approx. 38% of total volume. Moreover, cocoa bean production in Cote d'Ivoire exceeded the figures recorded by the second-largest producer, Ghana (812K tonnes), threefold. Indonesia (784K tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of cocoa beans to Ireland?
+
In value terms, Ghana ($4.3M) constituted the largest supplier of cocoa bean to Ireland, comprising 94% of total imports. The second position in the ranking was occupied by the UK ($168K), with a 3.7% share of total imports.
What are the leading importers of cocoa beans from Ireland?
+
In value terms, the Czech Republic ($1.8K) emerged as the key foreign market for cocoa bean exports from Ireland, comprising 70% of total exports. The second position in the ranking was occupied by the UK ($552), with a 21% share of total exports.
What is the average export price for cocoa beans in Ireland?
+
The average cocoa bean export price stood at $2,762 per tonne in 2019, approximately mirroring the previous year.
What is the average import price for cocoa beans in Ireland?
+
In 2019, the average cocoa bean import price amounted to $9,578 per tonne, picking up by 25% against the previous year.

Product coverage:
• FCL 661 - Cocoa beans

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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
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 2007–2019
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:
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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