Latest Report Update: May 31, 2021

Ireland - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Ireland: Cocoa Butter Market Overview 2021

Cocoa Butter Market Size in Ireland

In 2020, the Irish cocoa butter market increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Cocoa Butter Exports

Exports from Ireland

Cocoa butter exports from Ireland skyrocketed to X tonnes in 2020, picking up by X% compared with 2019. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, cocoa butter exports surged to $X in 2020. Over the period under review, exports recorded noticeable growth. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in the near future.

Exports by Country

The UK (X tonnes) was the main destination for cocoa butter exports from Ireland, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK totaled +X%.

In value terms, the UK ($X) also remains the key foreign market for cocoa butter exports from Ireland.

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

Export Prices by Country

In 2020, the average cocoa butter export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price saw a perceptible expansion. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

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

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

Cocoa Butter Imports

Imports into Ireland

Cocoa butter imports into Ireland rose rapidly to X tonnes in 2020, picking up by X% compared with 2019 figures. In general, imports continue to indicate a modest increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, cocoa butter imports surged to $X in 2020. Over the period under review, imports saw temperate growth. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Cote d'Ivoire (X tonnes) constituted the largest cocoa butter supplier to Ireland, accounting for a X% share of total imports. Moreover, cocoa butter imports from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), twofold.

From 2007 to 2020, the average annual growth rate of volume from Cote d'Ivoire totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Germany (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Cote d'Ivoire totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average cocoa butter import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa butter in the world?
+
China (880K tonnes) constituted the country with the largest volume of cocoa butter consumption, comprising approx. 16% of total volume. Moreover, cocoa butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (399K tonnes), twofold. The third position in this ranking was occupied by India (360K tonnes), with a 6.5% share.
What are the largest producers of cocoa butter in the world?
+
China (872K tonnes) constituted the country with the largest volume of cocoa butter production, accounting for 16% of total volume. Moreover, cocoa butter production in China exceeded the figures recorded by the second-largest producer, India (359K tonnes), twofold. The third position in this ranking was occupied by the U.S. (321K tonnes), with a 5.9% share.
What are the leading suppliers of cocoa butter to Ireland?
+
In value terms, Cote d'Ivoire ($19M) constituted the largest supplier of cocoa butter to Ireland, comprising 66% of total imports. The second position in the ranking was occupied by the UK ($9.1M), with a 31% share of total imports.
What are the leading importers of cocoa butter from Ireland?
+
In value terms, the UK ($314K) remains the key foreign market for cocoa butter exports from Ireland.
What is the average export price for cocoa butter in Ireland?
+
In 2020, the average cocoa butter export price amounted to $6,092 per tonne, increasing by 5.5% against the previous year.
What is the average import price for cocoa butter in Ireland?
+
The average cocoa butter import price stood at $6,116 per tonne in 2020, with an increase of 12% against the previous year.

Product coverage:
• Prodcom 10821200 - Cocoa butter, fat and oil

This report provides an in-depth analysis of the cocoa butter 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
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 2007–2020
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 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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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