Uruguay - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Powder Price in Uruguay - 2022
Contents:
- Cocoa Powder Price in Uruguay (FOB) - 2022
- Cocoa Powder Price in Uruguay (CIF) - 2022
- Cocoa Powder Exports in Uruguay
- Cocoa Powder Imports in Uruguay
Cocoa Powder Price in Uruguay (FOB) - 2022
In 2022, the average cocoa powder export price amounted to $2,718 per ton, with an increase of 10% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 33%. Over the period under review, the average export prices reached the maximum at $3,598 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($2,824 per ton) and Brazil ($2,761 per ton), while the average price for exports to Mexico ($2,121 per ton) and Estonia ($2,374 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+29.8%), while the prices for the other major destinations experienced mixed trend patterns.
Cocoa Powder Price in Uruguay (CIF) - 2022
The average cocoa powder import price stood at $2,530 per ton in 2022, flattening at the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 74%. Over the period under review, average import prices reached the peak figure at $4,806 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($3,289 per ton), while the price for Estonia ($1,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+22.7%), while the prices for the other major suppliers experienced a decline.
Cocoa Powder Exports in Uruguay
In 2022, after three years of growth, there was significant decline in shipments abroad of cocoa powder (not sweetened), when their volume decreased by -10.6% to 7.7K tons. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 62%.
In value terms, cocoa powder exports fell modestly to $21M in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 67%.
Export of Cocoa Powder in Uruguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 5.0 | 9.1 | 13.0 | 11.0 | 30.1% |
Argentina | 3.5 | 4.7 | 6.7 | 7.1 | 26.6% |
Estonia | N/A | 0.2 | 1.0 | 1.7 | 191.5% |
Mexico | 0.1 | 0.5 | 0.2 | 0.7 | 91.3% |
Others | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
Total | 8.7 | 14.6 | 21.1 | 20.8 | 33.7% |
Top Export Markets for Cocoa Powder from Uruguay in 2022:
- Brazil (4.0K tons)
- Argentina (2.5K tons)
- Estonia (0.7K tons)
- Mexico (0.3K tons)
Cocoa Powder Imports in Uruguay
In 2022, overseas purchases of cocoa powder (not sweetened) increased by 4.7% to 1.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt decrease.
In value terms, cocoa powder imports totaled $4.9M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 24%.
Import of Cocoa Powder in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 3,973 | 2,644 | 4,022 | 3,029 | -8.6% |
Netherlands | 22.8 | 150 | 349 | 917 | 242.6% |
Spain | 310 | 122 | 180 | 325 | 1.6% |
Bulgaria | N/A | N/A | 0.1 | 250 | 249900.0% |
Austria | N/A | N/A | N/A | 184 | 0% |
Estonia | N/A | 96.9 | 0.1 | 104 | 3.6% |
China | 151 | 36.2 | N/A | 0.1 | -91.3% |
Germany | 8.3 | 436 | 5.0 | N/A | -22.4% |
Indonesia | 456 | 51.9 | 3.9 | N/A | -90.8% |
Others | 101 | 269 | 168 | 87.0 | -4.9% |
Total | 5,021 | 3,806 | 4,729 | 4,897 | -0.8% |
Top Suppliers of Cocoa Powder to Uruguay in 2022:
- Brazil (921.0 tons)
- Netherlands (602.5 tons)
- Austria (102.6 tons)
- Spain (101.0 tons)
- Bulgaria (96.0 tons)
- Estonia (84.8 tons)
- China (0.2 tons)
This report provides an in-depth analysis of the cocoa powder market in Uruguay. 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 665 - Cocoa Powder and Cake
Country coverage:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cocoa powder market in Uruguay.
This report provides an in-depth analysis of the global cocoa powder market.
This report provides an in-depth analysis of the cocoa powder market in Uruguay.
This report provides an in-depth analysis of the global cocoa powder market.
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.
The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.
The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.