Africa: Chocolate Milk Crumb Market 2020

Chocolate Milk Crumb Market Size in Africa

The revenue of the chocolate milk crumb market in Africa amounted to $X in 2017, going down by -X% against the previous year. The chocolate milk crumb consumption continues to indicate a strong increase. The pace of growth was the most pronounced in 2009, when market value increased by X% against the previous year. Over the period under review, the chocolate milk crumb market reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Chocolate Milk Crumb Production in Africa

In 2017, production of chocolate milk crumb in Africa totaled X tons, therefore, remained relatively stable against 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 consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009, when the output figure increased by X% year-to-year. Over the period under review, the chocolate milk crumb production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Chocolate Milk Crumb Exports in Africa

In 2017, the amount of chocolate milk crumb exported in Africa amounted to X tons, going down by -X% against the previous year. The chocolate milk crumb exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when exports increased by X% against the previous year. In that year, the chocolate milk crumb exports reached their peak volume of X tons. From 2009 to 2017, growth of the chocolate milk crumb exports stood at a somewhat lower level.

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

Chocolate Milk Crumb Exports by Country in Africa

Cote d'Ivoire was the major exporter of chocolate milk crumb in Africa, with the volume of exports recording X tons, which was near X% of total exports in 2017. It was distantly followed by South Africa (X tons), committing X% share of total exports.

Cote d'Ivoire experienced a relatively flat trend pattern of chocolate milk crumb exports. South Africa (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Cote d'Ivoire increased by X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in Cote d'Ivoire amounted to +X%.

Chocolate Milk Crumb Export Prices by Country in Africa

In 2017, the chocolate milk crumb export price in Africa amounted to $X per ton, jumping by X% against the previous year. The export price indicated a prominent 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 milk crumb export price increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2008, an increase of X% y-o-y. Over the period under review, the export prices for chocolate milk crumb reached its maximum level in 2017, and is likely to see steady 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 Milk Crumb Imports in Africa

The imports amounted to X tons in 2017, surging 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 milk crumb imports decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. Over the period under review, the chocolate milk crumb imports reached its peak figure volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, chocolate milk crumb imports amounted to $X in 2017. The total imports indicated a conspicuous growth 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 milk crumb imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Chocolate Milk Crumb Imports by Country in Africa

Egypt (X tons) and South Africa (X tons) represented the main importers of chocolate milk crumb in 2017, finishing at approx. X% and X% of total imports, respectively. Morocco (X tons) took the second position in the ranking, followed by Algeria (X tons) and Libya (X tons). All these countries together took approx. X% share of total imports. Botswana (X tons), Zambia (X tons), Swaziland (X tons), Uganda (X tons) and Benin (X tons) held 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 milk crumb 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%.

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

Chocolate Milk Crumb Import Prices by Country in Africa

The chocolate milk crumb import price in Africa stood at $X per ton in 2017, flattening at 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, when it surged by X% against the previous year. In that year, the import prices for chocolate milk crumb reached their peak level of $X per ton. From 2010 to 2017, growth of the import prices for chocolate milk crumb failed to regain its momentum.

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