Report Update Apr 1, 2024

Kazakhstan - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Cocoa Butter Market 2024

Cocoa Butter Market Size in Kazakhstan

In 2022, the Kazakh cocoa butter market decreased by X% to $X, falling for the fourth year in a row after two years of growth. In general, consumption continues to indicate a abrupt downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Cocoa Butter Production in Kazakhstan

In value terms, cocoa butter production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. Cocoa butter production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Cocoa Butter Exports

Exports from Kazakhstan

For the tenth year in a row, Kazakhstan recorded decline in overseas shipments of cocoa butter, which decreased by X% to X kg in 2022. Over the period under review, exports faced a significant contraction. The smallest decline of X% was in 2019. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cocoa butter exports reduced to $X in 2022. In general, exports saw a precipitous decline. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X kg) was the main destination for cocoa butter exports from Kazakhstan, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at X%.

In value terms, Russia ($X) emerged as the key foreign market for cocoa butter exports from Kazakhstan.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to X%.

Export Prices by Country

In 2022, the average cocoa butter export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to X% per year.

Cocoa Butter Imports

Imports into Kazakhstan

In 2022, overseas purchases of cocoa butter decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, cocoa butter imports plummeted to $X in 2022. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest cocoa butter supplier to Kazakhstan, accounting for a X% share of total imports. Moreover, cocoa butter imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Malaysia (X% per year).

In value terms, Russia ($X) constituted the largest supplier of cocoa butter to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average cocoa butter import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa butter import price increased by X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa butter in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 34% share of global consumption. Germany, Russia, Pakistan, Indonesia, Nigeria, Belgium, Egypt, France, Mexico and Bangladesh lagged somewhat behind, together comprising a further 25%.

What are the largest producers of cocoa butter in the world?

The country with the largest volume of cocoa butter production was China, comprising approx. 17% of total volume. Moreover, cocoa butter production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of cocoa butter to Kazakhstan?

In value terms, Russia constituted the largest supplier of cocoa butter to Kazakhstan, comprising 80% of total imports. The second position in the ranking was held by China, with a 15% share of total imports. It was followed by Belgium, with a 2% share.

What are the leading importers of cocoa butter from Kazakhstan?

In value terms, Russia $45) emerged as the key foreign market for cocoa butter exports from Kazakhstan.

What is the average export price for cocoa butter in Kazakhstan?

In 2022, the average cocoa butter export price amounted to $22,500 per ton, increasing by 130% against the previous year.

What is the average import price for cocoa butter in Kazakhstan?

In 2022, the average cocoa butter import price amounted to $8,808 per ton, rising by 38% against the previous year.

This report provides an in-depth analysis of the cocoa butter market in Kazakhstan. 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.

Product coverage:

FCL 664 - Cocoa Butter

Country coverage:

Kazakhstan

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023