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

Cocoa Powder Market Size in Spain

In 2020, the Spanish cocoa powder market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a prominent expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Cocoa Powder Production in Spain

In value terms, cocoa powder production expanded sharply to $X in 2020 estimated in export prices. Over the period under review, production recorded a prominent increase. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. Cocoa powder production peaked at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Cocoa Powder Exports

Exports from Spain

In 2020, after seven years of growth, there was significant decline in shipments abroad of cocoa powder (not sweetened), when their volume decreased by -X% to X tonnes. In general, total exports indicated a noticeable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 at X tonnes in 2019, and then contracted in the following year.

In value terms, cocoa powder exports expanded notably to $X in 2020. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes), Algeria (X tonnes) and Russia (X tonnes) were the main destinations of cocoa powder exports from Spain, together accounting for X% of total exports. Egypt, Italy, Belgium, Chile, France, Morocco, Germany, Turkey, the UK and Argentina lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Turkey, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for cocoa powder exports from Spain, comprising X% of total exports. The second position in the ranking was occupied by Algeria ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+X% per year) and Egypt (+X% per year).

Export Prices by Country

The average cocoa powder export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, the export price enjoyed a perceptible expansion. The growth pace was the most rapid in 2010 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2020, the countries with the highest prices were Germany ($X per tonne) and Egypt ($X per tonne), while the average price for exports to Russia ($X per tonne) and Algeria ($X per tonne) were amongst the lowest.

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

Cocoa Powder Imports

Imports into Spain

In 2020, the amount of cocoa powder (not sweetened) imported into Spain rose rapidly to X tonnes, growing by X% on 2019 figures. Over the period under review, total imports indicated a moderate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2015 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, cocoa powder imports skyrocketed to $X in 2020. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2020, the growth 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 Spain, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa powder suppliers to Spain were the Netherlands ($X), Germany ($X) and France ($X), with a combined X% share of total imports.

Germany saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average cocoa powder import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price continues to indicate a slight expansion. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Italy ($X per tonne) and France ($X per tonne), while the price for Germany ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, 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 accounting for 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 comprising 30% of global production. Brazil, India, Germany, Spain, Indonesia, Pakistan, Nigeria, Bangladesh, Malaysia and Russia lagged somewhat behind, together accounting for a further 33%.
What are the leading suppliers of cocoa powder (not sweetened) to Spain?
+
In value terms, the Netherlands ($15M), Germany ($9.4M) and France ($2.1M) constituted the largest cocoa powder suppliers to Spain, together comprising 89% of total imports.
What are the leading importers of cocoa powder (not sweetened) from Spain?
+
In value terms, the U.S. ($22M) remains the key foreign market for cocoa powder exports from Spain, comprising 13% of total exports. The second position in the ranking was occupied by Algeria ($11M), with a 6.5% share of total exports. It was followed by Egypt, with a 5.8% share.
What is the average export price for cocoa powder (not sweetened) in Spain?
+
In 2020, the average cocoa powder export price amounted to $2,153 per tonne, surging by 15% against the previous year.
What is the average import price for cocoa powder (not sweetened) in Spain?
+
The average cocoa powder import price stood at $2,752 per tonne in 2020, picking up by 7.2% 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 Spain. 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:
• Spain

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