Report Update Nov 1, 2024

Ireland - Chocolate and Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Chocolate Market 2024

Chocolate Market Size in Ireland

The Irish chocolate market reduced dramatically to $X in 2022, shrinking by -46.7% against the previous year. In general, consumption, however, posted a buoyant expansion. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Chocolate Production in Ireland

In value terms, chocolate production skyrocketed to $X in 2022 estimated in export price. In general, production saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. Chocolate production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Chocolate Exports

Exports from Ireland

In 2022, approx. X tons of chocolate and other food preparations containing cocoa were exported from Ireland; jumping by 240% compared with the year before. Over the period under review, exports recorded a noticeable increase. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, chocolate exports dropped to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 33%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons), the United States (X tons) and Canada (X tons) were the main destinations of chocolate exports from Ireland, together accounting for 94% of total exports. Egypt lagged somewhat behind, comprising a further 5.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +118.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chocolate exported from Ireland were the United States ($X), the UK ($X) and Canada ($X), together comprising 95% of total exports. These countries were followed by Egypt, which accounted for a further 4.6%.

Egypt, with a CAGR of +120.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average chocolate export price amounted to $X per ton, with a decrease of -71.9% against the previous year. Overall, the export price saw a mild decline. The pace of growth appeared the most rapid in 2021 an increase of 252%. As a result, the export price reached the peak level of $X per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+0.8%), while the prices for the other major destinations experienced a decline.

Chocolate Imports

Imports into Ireland

In 2022, overseas purchases of chocolate and other food preparations containing cocoa decreased by 0% to X tons, falling for the second year in a row after six years of growth. In general, imports recorded a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 61%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, chocolate imports amounted to $X in 2022. Overall, imports recorded a prominent increase. The growth pace was the most rapid in 2016 when imports increased by 45% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X tons), Belgium (X tons) and France (X tons) were the main suppliers of chocolate imports to Ireland, with a combined 93% share of total imports. Italy and Germany lagged somewhat behind, together comprising a further 4.5%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +48.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chocolate suppliers to Ireland were the UK ($X), Belgium ($X) and France ($X), with a combined 91% share of total imports. These countries were followed by Italy and Germany, which together accounted for a further 5.6%.

Italy, with a CAGR of +30.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chocolate import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price showed a slight slump. The growth pace was the most rapid in 2014 an increase of 17%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chocolate and other food preparations containing cocoa in the world?

China constituted the country with the largest volume of chocolate consumption, comprising approx. 17% of total volume. Moreover, chocolate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of chocolate and other food preparations containing cocoa in the world?

China constituted the country with the largest volume of chocolate production, comprising approx. 17% of total volume. Moreover, chocolate production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the leading suppliers of chocolate and other food preparations containing cocoa to Ireland?

In value terms, the UK constituted the largest supplier of chocolate to Ireland, comprising 66% of total imports. The second position in the ranking was occupied by Belgium, with a 19% share of total imports. It was followed by France, with a 3.8% share.

What are the leading importers of chocolate and other food preparations containing cocoa from Ireland?

In value terms, the UK, the United States and Canada were the largest markets for chocolate exported from Ireland worldwide, together accounting for 98% of total exports. Egypt lagged somewhat behind, comprising a further 1.4%.

What is the average export price for chocolate and other food preparations containing cocoa in Ireland?

The average chocolate export price stood at $3,019 per ton in 2020, declining by -8.8% against the previous year.

What is the average import price for chocolate and other food preparations containing cocoa in Ireland?

The average chocolate import price stood at $3,108 per ton in 2020, reducing by -5.9% against the previous year.

This report provides an in-depth analysis of the chocolate market in Ireland. 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 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023