Report Update Jan 1, 2025

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

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Ireland: Cocoa Paste Market 2025

Cocoa Paste Market Size in Ireland

In 2021, the Irish cocoa paste market increased by 14% to $X, rising for the fourth consecutive year after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Cocoa Paste Production in Ireland

In value terms, cocoa paste production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt downturn. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Cocoa Paste Exports

Exports from Ireland

In 2021, overseas shipments of cocoa paste decreased by -4.3% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 1,114%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, cocoa paste exports dropped modestly to $X in 2021. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 1,653%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2016 to 2021, the average annual growth rate of volume to the UK totaled +109.3%.

In value terms, the UK ($X) also remains the key foreign market for cocoa paste exports from Ireland.

From 2016 to 2021, the average annual growth rate of value to the UK totaled +145.2%.

Export Prices by Country

In 2021, the average cocoa paste export price amounted to $X per ton, surging by 2% against the previous year. Overall, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2016 to 2021, the rate of growth in terms of prices for the UK amounted to +17.1% per year.

Cocoa Paste Imports

Imports into Ireland

In 2021, after seven years of growth, there was significant decline in purchases abroad of cocoa paste, when their volume decreased by -18.6% to X tons. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 1,061% against the previous year. Imports peaked at X tons in 2020, and then plummeted in the following year.

In value terms, cocoa paste imports declined notably to $X in 2021. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 1,119%. Over the period under review, imports reached the peak figure at $X in 2020, and then contracted dramatically in the following year.

Imports by Country

In 2021, the UK (X tons) was the main supplier of cocoa paste to Ireland, accounting for a 100% share of total imports. It was followed by Belgium (X tons), with a 0.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK stood at +79.1%.

In value terms, the UK ($X) constituted the largest supplier of cocoa paste to Ireland, comprising 100% of total imports. The second position in the ranking was held by Belgium ($X), with a 0.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the UK totaled +70.9%.

Import Prices by Country

In 2021, the average cocoa paste import price amounted to $X per ton, increasing by 3.7% against the previous year. Over the period under review, the import price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2020 an increase of 12%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the UK totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of cocoa paste consumption in 2021 were China, the United States and India, together accounting for 27% of global consumption. Japan, Pakistan, Indonesia, Brazil, Bangladesh, the UK, Nigeria, Russia, Mexico and Vietnam lagged somewhat behind, together accounting for a further 25%.

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

China remains the largest cocoa paste producing country worldwide, comprising approx. 14% of total volume. Moreover, cocoa paste production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.7% share.

What are the leading suppliers of cocoa paste to Ireland?

In value terms, the UK constituted the largest supplier of cocoa paste to Ireland.

What are the leading importers of cocoa paste from Ireland?

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

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

The average cocoa paste export price stood at $4,007 per ton in 2021, falling by -2.2% against the previous year.

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

The average cocoa paste import price stood at $4,252 per ton in 2021, picking up by 3.6% against the previous year.

This report provides an in-depth analysis of the cocoa paste 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 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

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