Latest Report Update: May 31, 2021

Italy - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
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Italy: Cocoa Powder Market Overview 2021

Cocoa Powder Market Size in Italy

The Italian cocoa powder market soared to $X in 2020, picking up by X% against the previous year. In general, consumption enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2019 to 2020, the growth of the market remained at a lower figure.

Cocoa Powder Production in Italy

In value terms, cocoa powder production rose remarkably to $X in 2020 estimated in export prices. In general, production showed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2019 to 2020, production growth remained at a lower figure.

Cocoa Powder Exports

Exports from Italy

In 2020, shipments abroad of cocoa powder (not sweetened) decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, cocoa powder exports shrank markedly to $X in 2020. In general, exports, however, saw a tangible increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

France (X tonnes), Turkey (X tonnes) and the U.S. (X tonnes) were the main destinations of cocoa powder exports from Italy, together accounting for X% of total exports. These countries were followed by China, the UK, Germany, Mexico, Poland and Spain, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cocoa powder exported from Italy were France ($X), Turkey ($X) and the U.S. ($X), with a combined X% share of total exports. Germany, the UK, China, Spain, Mexico and Poland lagged somewhat behind, together comprising a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average cocoa powder export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price continues to indicate notable growth. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Powder Imports

Imports into Italy

Cocoa powder imports into Italy was estimated at X tonnes in 2020, leveling off at the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, cocoa powder imports expanded sharply to $X in 2020. Overall, imports saw a temperate increase. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

The Netherlands (X tonnes), Germany (X tonnes) and France (X tonnes) were the main suppliers of cocoa powder imports to Italy, with a combined X% share of total imports. Spain and Ghana lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ghana, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa powder suppliers to Italy were the Netherlands ($X), Germany ($X) and France ($X), together comprising X% of total imports. Spain and Ghana lagged somewhat behind, together accounting for a further X terms of the main suppliers, Ghana saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cocoa powder import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the import price enjoyed tangible growth. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Ghana ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa powder (not sweetened) in the world?
+
The countries with the highest volumes of cocoa powder consumption in 2020 were China (492K tonnes), the U.S. (276K tonnes) and Brazil (172K tonnes), together comprising 31% of global consumption.
What are the largest producers of cocoa powder (not sweetened) in the world?
+
The countries with the highest volumes of cocoa powder production in 2020 were China (462K tonnes), the Netherlands (237K tonnes) and the U.S. (208K tonnes), together accounting for 30% of global production. These countries were followed by Brazil, India, Germany, Spain, Indonesia, Pakistan, Nigeria, Bangladesh, Malaysia and Russia, which together accounted for a further 33%.
What are the leading suppliers of cocoa powder (not sweetened) to Italy?
+
In value terms, the Netherlands ($37M), Germany ($33M) and France ($15M) were the largest cocoa powder suppliers to Italy, with a combined 88% share of total imports. These countries were followed by Spain and Ghana, which together accounted for a further 9%.
What are the leading importers of cocoa powder (not sweetened) from Italy?
+
In value terms, the largest markets for cocoa powder exported from Italy were France ($9.7M), Turkey ($5M) and the U.S. ($2.9M), together comprising 60% of total exports. Germany, the UK, China, Spain, Mexico and Poland lagged somewhat behind, together accounting for a further 23%.
What is the average export price for cocoa powder (not sweetened) in Italy?
+
The average cocoa powder export price stood at $2,726 per tonne in 2020, picking up by 6.6% against the previous year.
What is the average import price for cocoa powder (not sweetened) in Italy?
+
In 2020, the average cocoa powder import price amounted to $2,632 per tonne, growing by 9.6% against the previous year.

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 Italy. 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:
• Italy

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