Czech Republic - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Czech Republic - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights

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Cocoa Paste Price in the Czech Republic - 2023

Contents:

  1. Cocoa Paste Price in the Czech Republic (CIF) - 2023
  2. Cocoa Paste Price in the Czech Republic (FOB) - 2022
  3. Cocoa Paste Imports in the Czech Republic
  4. Cocoa Paste Exports in the Czech Republic

Cocoa Paste Price in the Czech Republic (CIF) - 2023

The average cocoa paste import price stood at $4,626 per ton in June 2023, picking up by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 an increase of 13% against the previous month. Over the period under review, average import prices hit record highs in June 2023.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($4,657 per ton), while the price for the Netherlands totaled $4,516 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%).

Cocoa Paste Price in the Czech Republic (FOB) - 2022

In 2022, the average cocoa paste export price amounted to $26,742 per ton, picking up by 173% against the previous year. Overall, the export price posted buoyant growth. The growth pace was the most rapid in 2014 when the average export price increased by 197% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($29,685 per ton), while the average price for exports to Slovakia stood at $10,469 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+66.8%).

Cocoa Paste Imports in the Czech Republic

In 2022, purchases abroad of cocoa paste decreased by -3.8% to 5.6K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of 6.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cocoa paste imports shrank to $21M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year.

Import of Cocoa Paste in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.815.513.715.011.6%
Netherlands7.56.08.95.9-7.7%
Others0.40.30.40.57.7%
Total18.721.823.021.44.6%

Top Suppliers of Cocoa Paste to the Czech Republic in 2022:

  1. Germany (4.0K tons)
  2. Netherlands (1.5K tons)

Cocoa Paste Exports in the Czech Republic

In 2022, exports of cocoa paste from the Czech Republic soared to 3.7 tons, jumping by 419% against the previous year's figure. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 823%. As a result, the exports attained the peak of 5.7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cocoa paste exports surged to $99K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cocoa Paste in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.2N/AN/A92.9674.5%
Slovakia6.281.86.65.4-4.5%
Others2.20.10.40.6-35.2%
Total8.682.07.098.9125.7%

Top Export Markets for Cocoa Paste from the Czech Republic in 2022:

  1. Netherlands (3.1 tons)
  2. Slovakia (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cocoa paste market in the Czech Republic. 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:

  • Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

Country coverage:

  • Czech Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Czech Republic
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Cocoa Paste - Czech Republic