Egypt - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
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Cocoa Paste Market Size in Egypt
The Egyptian cocoa paste market reached $X in 2021, increasing by 9.4% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.
Cocoa Paste Production in Egypt
In value terms, cocoa paste production expanded significantly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 44% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.
Cocoa Paste Exports
Exports from Egypt
In 2021, shipments abroad of cocoa paste decreased by -44.4% to X tons, falling for the second consecutive year after four years of growth. Overall, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2017 when exports increased by 1,294% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
In value terms, cocoa paste exports shrank notably to $X in 2021. Over the period under review, exports, however, showed a noticeable increase. The growth pace was the most rapid in 2017 when exports increased by 1,581% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
Exports by Country
Venezuela (X tons) was the main destination for cocoa paste exports from Egypt, with a approx. 92% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Venezuela was relatively modest.
In value terms, Venezuela ($X) emerged as the key foreign market for cocoa paste exports from Egypt.
From 2012 to 2021, the average annual growth rate of value to Venezuela was relatively modest.
Export Prices by Country
The average cocoa paste export price stood at $X per ton in 2021, waning by -25.7% against the previous year. Overall, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of 39% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2021, the rate of growth in terms of prices for Kuwait amounted to +28.6% per year.
Cocoa Paste Imports
Imports into Egypt
In 2021, after two years of decline, there was significant growth in overseas purchases of cocoa paste, when their volume increased by 42% to X tons. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2016 when imports increased by 53%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, cocoa paste imports surged to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Ghana (X tons) constituted the largest supplier of cocoa paste to Egypt, accounting for a 59% share of total imports. Moreover, cocoa paste imports from Ghana exceeded the figures recorded by the second-largest supplier, Cote d'Ivoire (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 5% share.
From 2012 to 2021, the average annual growth rate of volume from Ghana amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Cote d'Ivoire (+19.5% per year) and the Netherlands (+7.7% per year).
In value terms, Ghana ($X) constituted the largest supplier of cocoa paste to Egypt, comprising 60% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 5.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Ghana amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Cote d'Ivoire (+15.7% per year) and the Netherlands (+5.2% per year).
Import Prices by Country
The average cocoa paste import price stood at $X per ton in 2021, surging by 12% against the previous year. In general, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cocoa paste market in Egypt. 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:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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