Africa: Chocolate Flavour Coating Market 2020

Chocolate Flavour Coating Market Size in Africa

The revenue of the chocolate flavour coating market in Africa amounted to $X in 2017, declining by -X% against the previous year. The chocolate flavour coating consumption continues to indicate a remarkable growth. The growth pace was the most rapid in 2009, with an increase of X% y-o-y. Over the period under review, the chocolate flavour coating market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Chocolate Flavour Coating Production in Africa

In 2017, production of chocolate flavour coating in Africa amounted to X tons, approximately mirroring the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% year-to-year. The volume of chocolate flavour coating production peaked in 2017, and is likely to continue its growth in the immediate term.

Chocolate Flavour Coating Exports in Africa

In 2017, the amount of chocolate flavour coating exported in Africa totaled X tons, declining by -X% against the previous year. The chocolate flavour coating exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. In that year, the chocolate flavour coating exports reached their peak volume of X tons. From 2009 to 2017, growth of the chocolate flavour coating exports failed to regain its momentum.

In value terms, chocolate flavour coating exports totaled $X in 2017. The chocolate flavour coating exports continue to indicate a strong expansion. Over the period under review, the chocolate flavour coating exports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Chocolate Flavour Coating Exports by Country in Africa

Cote d'Ivoire represented the major exporter of chocolate flavour coating in Africa, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by South Africa (X tons), generating X% share of total exports.

Cote d'Ivoire experienced a relatively flat trend pattern of chocolate flavour coating exports. South Africa (-X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest chocolate flavour coating supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports.

In Cote d'Ivoire, chocolate flavour coating exports expanded at an average annual rate of +X% over the period from 2007-2017.

Chocolate Flavour Coating Export Prices by Country in Africa

The chocolate flavour coating export price in Africa stood at $X per ton in 2017, growing by X% against the previous year. The export price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate flavour coating export price increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. Over the period under review, the export prices for chocolate flavour coating reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Cote d'Ivoire ($X per ton) and South Africa ($X per ton), while South Africa ($X per ton) and Cote d'Ivoire ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Cote d'Ivoire (+X% per year).

Chocolate Flavour Coating Imports in Africa

In 2017, approx. X tons of chocolate flavour coating were imported in Africa; increasing by X% against the previous year. The total imports indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate flavour coating imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. Over the period under review, the chocolate flavour coating imports reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, chocolate flavour coating imports stood at $X in 2017. The total imports indicated a noticeable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate flavour coating imports decreased by -X% against 2014 indices. Over the period under review, the chocolate flavour coating imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Chocolate Flavour Coating Imports by Country in Africa

Egypt (X tons) and South Africa (X tons) represented the largest importers of chocolate flavour coating in 2017, amounting to near X% and X% of total imports, respectively. Morocco (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Algeria (X%) and Libya (X%). Botswana (X tons), Zambia (X tons), Swaziland (X tons), Uganda (X tons) and Benin (X tons) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Swaziland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest chocolate flavour coating markets worldwide were South Africa ($X), Egypt ($X) and Morocco ($X), together accounting for X% of total imports. These countries were followed by Algeria, Botswana, Uganda, Swaziland, Libya, Zambia and Benin, which together accounted for a further X%.

Among the main importing countries , Swaziland (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Chocolate Flavour Coating Import Prices by Country in Africa

In 2017, the chocolate flavour coating import price in Africa amounted to $X per ton, approximately reflecting the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009, an increase of X% year-to-year. In that year, the import prices for chocolate flavour coating attained their peak level of $X per ton. From 2010 to 2017, growth of the import prices for chocolate flavour coating stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Uganda ($X per ton), while Libya ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform