Report Update Jan 1, 2025

Ireland - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Cocoa Butter Market 2025

Cocoa Butter Market Size in Ireland

The Irish cocoa butter market shrank to $X in 2022, falling by -8.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate tangible growth. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Cocoa Butter Exports

Exports from Ireland

In 2022, the amount of cocoa butter exported from Ireland stood at X tons, remaining relatively unchanged against 2021 figures. Over the period under review, exports faced a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 1,134% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cocoa butter exports totaled $X in 2022. In general, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 1,768% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for cocoa butter exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to -15.7%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to -23.1%.

Export Prices by Country

In 2022, the average cocoa butter export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 109%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -8.8% per year.

Cocoa Butter Imports

Imports into Ireland

Cocoa butter imports into Ireland totaled X tons in 2022, almost unchanged from 2021. Overall, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 48%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, cocoa butter imports totaled $X in 2022. In general, imports enjoyed noticeable growth. The pace of growth appeared the most rapid in 2014 when imports increased by 75% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of cocoa butter to Ireland, accounting for a 90% share of total imports. Moreover, cocoa butter imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+28.3% per year) and Cote d'Ivoire (-54.4% per year).

In value terms, the UK ($X) constituted the largest supplier of cocoa butter to Ireland, comprising 84% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+29.8% per year) and Cote d'Ivoire (-51.1% per year).

Import Prices by Country

In 2022, the average cocoa butter import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 45%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, 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 Cote d'Ivoire ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa butter in the world?

China remains the largest cocoa butter consuming country worldwide, accounting for 16% of total volume. Moreover, cocoa butter 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 6.5% share.

What are the largest producers of cocoa butter in the world?

China remains the largest cocoa butter producing country worldwide, accounting for 16% of total volume. Moreover, cocoa butter production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 6% share.

What are the leading suppliers of cocoa butter to Ireland?

In value terms, the UK constituted the largest supplier of cocoa butter to Ireland, comprising 77% of total imports. The second position in the ranking was occupied by the Netherlands, with a 22% share of total imports.

What are the leading importers of cocoa butter from Ireland?

In value terms, the UK remains the key foreign market for cocoa butter exports from Ireland.

What is the average export price for cocoa butter in Ireland?

In 2021, the average cocoa butter export price amounted to $5,327 per ton, declining by -11.5% against the previous year.

What is the average import price for cocoa butter in Ireland?

In 2021, the average cocoa butter import price amounted to $6,134 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the cocoa butter 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:

FCL 664 - Cocoa Butter

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024