Asia: Chocolate Spread Market 2020

Chocolate Spread Market Size in Asia

The revenue of the chocolate spread market in Asia amounted to $X in 2017, remaining stable against the previous year. The chocolate spread consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. The level of chocolate spread consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Chocolate Spread Production in Asia

The chocolate spread production stood at X tons in 2017, surging by X% against the previous year. The total output indicated a prominent 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 spread production increased by +X% against 2009 indices. The growth pace was the most rapid in 2012, when the output figure increased by X% year-to-year. Over the period under review, the chocolate spread production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Chocolate Spread Exports in Asia

In 2017, exports of chocolate spreads in Asia totaled X tons, remaining stable against the previous year. The total exports indicated a remarkable expansion 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 spread exports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2012, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, chocolate spread exports stood at $X in 2017. The chocolate spread exports continue to indicate a remarkable increase. Over the period under review, the chocolate spread exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Chocolate Spread Exports by Country in Asia

In 2017, Turkey (X tons) was the major exporter for chocolate spreads, generating X% of total exports. Singapore (X tons) held the second position in the ranking, followed by China (X tons), India (X tons), China, Hong Kong SAR (X tons) and the United Arab Emirates (X tons). All these countries together held approx. X% share of total exports. Kazakhstan (X tons) held the mild share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kazakhstan (+X%), India (+X%), China, Hong Kong SAR (+X%), China (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Singapore increased by X% percentage points, while the United Arab Emirates (-X%), Kazakhstan (-X%), China, Hong Kong SAR (-X%), Turkey (-X%), China (-X%) and India (-X%) saw their share reduced.

In value terms, the largest chocolate spread markets worldwide were Turkey ($X), China ($X) and China, Hong Kong SAR ($X), with a combined X% share of total exports. These countries were followed by Singapore, India, the United Arab Emirates and Kazakhstan, which together accounted for a further X%.

Among the main exporting countries , Kazakhstan (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Chocolate Spread Export Prices by Country in Asia

In 2017, the chocolate spread export price in Asia amounted to $X per ton, dropping by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. The level of export price peaked of $X per ton in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China, Hong Kong SAR ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Chocolate Spread Imports in Asia

In 2017, imports of chocolate spreads in Asia stood at X tons, going up by X% against the previous year. The total imports indicated a prominent growth 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 spread imports decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. Over the period under review, the chocolate spread imports attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, chocolate spread imports stood at $X in 2017. The chocolate spread imports continue to indicate a remarkable increase. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Chocolate Spread Imports by Country in Asia

In 2017, the United Arab Emirates (X tons), Saudi Arabia (X tons), China, Hong Kong SAR (X tons), Kazakhstan (X tons), China (X tons), Iraq (X tons), Japan (X tons), Israel (X tons), South Korea (X tons), Kyrgyzstan (X tons), Turkey (X tons) and India (X tons) represented the largest importers of chocolate spreads in Asia, making up X% of total import.

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

In value terms, China, Hong Kong SAR ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Saudi Arabia (+X% per year) recorded 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 Spread Import Prices by Country in Asia

In 2017, the chocolate spread import price in Asia amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the import prices increased by X% y-o-y. Over the period under review, the import prices for chocolate spreads reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($X per ton), while Kyrgyzstan ($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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform