Benelux: Cocoa Paste Market 2024

Cocoa Paste Market Size in Benelux

In 2023, the Benelux cocoa paste market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption, however, recorded a strong expansion. The level of consumption peaked in 2023 and is likely to continue growth in the near future.

Cocoa Paste Production in Benelux

In value terms, cocoa paste production fell modestly to $X in 2023 estimated in export price. Overall, production, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Cocoa Paste Exports

Exports in Benelux

Cocoa paste exports expanded markedly to X tons in 2023, picking up by X% on 2022 figures. Total exports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, cocoa paste exports skyrocketed to $X in 2023. Total exports indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands dominates exports structure, accounting for X tons, which was near X% of total exports in 2023. It was distantly followed by Belgium (X tons), comprising a X% share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2023. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest cocoa paste supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the Netherlands amounted to X%.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Cocoa Paste Imports

Imports in Benelux

In 2023, cocoa paste imports in Benelux reached X tons, remaining stable against the previous year's figure. Total imports indicated buoyant growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, cocoa paste imports soared to $X in 2023. Total imports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands was the main importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Belgium (X tons), making up a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2023.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per ton, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform