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Report Benelux - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Benelux - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights

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Benelux: Cocoa Bean Market 2024

Cocoa Bean Market Size in Benelux

The Benelux cocoa bean market shrank rapidly to $X in 2022, dropping by -16.8% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Cocoa Bean Production in Benelux

In value terms, cocoa bean production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume decreased by 99.9% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Luxembourg (X kg) remains the largest cocoa bean producing country in Benelux, accounting for 100% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Luxembourg was relatively modest.

Cocoa Bean Exports

Exports in Benelux

After three years of growth, shipments abroad of cocoa beans decreased by -63.9% to X tons in 2022. Overall, exports saw a perceptible downturn. The growth pace was the most rapid in 2020 with an increase of 119%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped sharply in the following year.

In value terms, cocoa bean exports fell rapidly to $X in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 130%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank sharply in the following year.

Exports by Country

The Netherlands was the major exporter of cocoa beans in Benelux, with the volume of exports resulting at X tons, which was near 89% of total exports in 2022. It was distantly followed by Belgium (X tons), constituting an 11% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of cocoa beans. Belgium (-17.1%) illustrated a downward trend over the same period. While the share of the Netherlands (+34 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-33.7 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest cocoa bean supplier in Benelux, comprising 88% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to -1.9%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, declining by -14.4% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.8%).

Cocoa Bean Imports

Imports in Benelux

Cocoa bean imports declined dramatically to X tons in 2022, waning by -27.3% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 17%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cocoa bean imports fell sharply to $X in 2022. In general, imports showed a mild descent. The pace of growth was the most pronounced in 2014 when imports increased by 22% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined notably in the following year.

Imports by Country

The Netherlands was the largest importer of cocoa beans in Benelux, with the volume of imports amounting to X tons, which was approx. 84% of total imports in 2022. It was distantly followed by Belgium (X tons), mixing up a 16% share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of cocoa beans. Belgium (-4.0%) illustrated a downward trend over the same period. The Netherlands (+7.4 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -7.4% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported cocoa beans in Benelux, comprising 81% of total imports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands was relatively modest.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, declining by -17.6% against the previous year. In general, the import price recorded a slight descent. The pace of growth was the most pronounced in 2020 when the import price increased by 17%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.2%).

Source: IndexBox Platform

This report provides an in-depth analysis of the cocoa bean market in Benelux. 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:

  • FCL 661 - Cocoa beans

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Benelux, split by region and country
  • Trade (exports and imports) in Benelux
  • 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. CONSUMPTION BY COUNTRY
    3. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Belgium
    • Luxembourg
    • Netherlands

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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