Latest Report Update: May 31, 2021

Slovakia - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
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Slovakia: Cocoa Butter Market Overview 2021

Cocoa Butter Market Size in Slovakia

The Slovak cocoa butter market shrank remarkably to $X in 2020, which is down by -X% against the previous year. Over the period under review, consumption showed a noticeable setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Cocoa Butter Production in Slovakia

In value terms, cocoa butter production dropped to $X in 2020 estimated in export prices. In general, production continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2020, production growth failed to regain the momentum.

Cocoa Butter Exports

Exports from Slovakia

In 2020, approx. X kg of cocoa butter were exported from Slovakia; dropping by -X% against 2019 figures. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, cocoa butter exports contracted notably to $X in 2020. Over the period under review, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2018 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X kg) was the main destination for cocoa butter exports from Slovakia, with a X% share of total exports. Moreover, cocoa butter exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X kg), more than tenfold.

From 2007 to 2020, 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: Poland (X% per year) and Germany (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for cocoa butter exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the Czech Republic totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Germany (X% per year).

Export Prices by Country

The average cocoa butter export price stood at $X per tonne in 2020, jumping by X% against the previous year. Overall, the export price showed measured growth. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Germany ($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 the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Butter Imports

Imports into Slovakia

In 2020, approx. X tonnes of cocoa butter were imported into Slovakia; which is down by -X% on the previous year's figure. In general, imports recorded a perceptible decrease. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. 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 butter imports dropped notably to $X in 2020. Over the period under review, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Switzerland (X tonnes), Sweden (X tonnes) and the Netherlands (X tonnes) were the main suppliers of cocoa butter imports to Slovakia, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Sweden (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2020, the average cocoa butter import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland, 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 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. India (360K tonnes) ranked third in terms of total consumption 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 U.S. (321K tonnes) ranked third in terms of total production with a 5.9% share.
What are the leading suppliers of cocoa butter to Slovakia?
+
In value terms, Switzerland ($4.1M) constituted the largest supplier of cocoa butter to Slovakia, comprising 46% of total imports. The second position in the ranking was occupied by the Netherlands ($986K), with a 11% share of total imports. It was followed by the UK, with a 9.8% share.
What are the leading importers of cocoa butter from Slovakia?
+
In value terms, the Czech Republic ($258) remains the key foreign market for cocoa butter exports from Slovakia, comprising 94% of total exports. The second position in the ranking was occupied by Poland ($11), with a 4% share of total exports.
What is the average export price for cocoa butter in Slovakia?
+
In 2020, the average cocoa butter export price amounted to $11,417 per tonne, picking up by 47% against the previous year.
What is the average import price for cocoa butter in Slovakia?
+
In 2020, the average cocoa butter import price amounted to $4,995 per tonne, which is down by -6.3% 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 Slovakia. 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:
• Slovakia

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