Report Update Nov 1, 2024

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

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Luxembourg: Cocoa Paste Market 2024

Cocoa Paste Market Size in Luxembourg

In 2021, the Luxembourg cocoa paste market decreased by -7.2% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Cocoa Paste Production in Luxembourg

In value terms, cocoa paste production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 17%. As a result, production attained the peak level of $X, and then reduced in the following year.

Cocoa Paste Exports

Exports from Luxembourg

In 2020, shipments abroad of cocoa paste was finally on the rise to reach X kg after five years of decline. Overall, exports, however, faced a precipitous descent. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, cocoa paste exports skyrocketed to $X in 2020. In general, exports, however, continue to indicate a dramatic contraction. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Azerbaijan (X kg) was the main destination for cocoa paste exports from Luxembourg, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Azerbaijan was relatively modest.

In value terms, Azerbaijan ($X) emerged as the key foreign market for cocoa paste exports from Luxembourg.

From 2012 to 2020, the average annual rate of growth in terms of value to Azerbaijan was relatively modest.

Export Prices by Country

In 2020, the average cocoa paste export price amounted to $X per ton, surging by 41% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the peak figure in 2020 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for France amounted to +22.4% per year.

Cocoa Paste Imports

Imports into Luxembourg

After three years of growth, supplies from abroad of cocoa paste decreased by -58.6% to X tons in 2021. Overall, imports faced a dramatic downturn. The growth pace was the most rapid in 2015 when imports increased by 144%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, cocoa paste imports dropped markedly to $X in 2021. Over the period under review, imports showed a sharp downturn. The pace of growth appeared the most rapid in 2018 with an increase of 48%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X kg), France (X kg) and Belgium (X kg) were the main suppliers of cocoa paste imports to Luxembourg, with a combined 86% share of total imports. Switzerland and Germany lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +13.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest cocoa paste suppliers to Luxembourg were France ($X), the Netherlands ($X) and Switzerland ($X), together comprising 85% of total imports.

The Netherlands, with a CAGR of +87.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average cocoa paste import price stood at $X per ton in 2021, rising by 39% against the previous year. Over the period under review, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2017 an increase of 58%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Belgium ($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 (+65.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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, with a combined 27% share of global consumption. These countries were followed by Japan, Pakistan, Indonesia, Brazil, Bangladesh, the UK, Nigeria, Russia, Mexico and Vietnam, which together accounted for a further 25%.

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

China constituted the country with the largest volume of cocoa paste production, accounting for 14% of total volume. Moreover, cocoa paste production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of cocoa paste to Luxembourg?

In value terms, France, the Netherlands and Switzerland were the largest cocoa paste suppliers to Luxembourg, with a combined 85% share of total imports.

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

In 2021, the average cocoa paste export price amounted to $7,835 per ton, falling by -64% against the previous year.

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

The average cocoa paste import price stood at $12,288 per ton in 2021, increasing by 46% against the previous year.

This report provides an in-depth analysis of the cocoa paste market in Luxembourg. 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:

Luxembourg

Data coverage:

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