Report Southern Asia - Chocolate and Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Southern Asia: Chocolate Market 2024

Chocolate Exports

Exports in Southern Asia

Chocolate exports skyrocketed to X tons in 2022, increasing by 55% compared with the previous year. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 114%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, chocolate exports surged to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 110%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, India (X tons) represented the main exporter of chocolate and other food preparations containing cocoa, constituting 83% of total exports. It was distantly followed by Bangladesh (X tons), comprising a 16% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to chocolate exports from India stood at +38.7%. At the same time, Bangladesh (+49.8%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +49.8% from 2012-2022. While the share of India (+51 p.p.) and Bangladesh (+13 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest chocolate supplier in Southern Asia, comprising 91% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +35.9%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Bangladesh amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.0%).

Chocolate Imports

Imports in Southern Asia

In 2022, approx. X tons of chocolate and other food preparations containing cocoa were imported in Southern Asia; picking up by 6.5% against the previous year. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, chocolate imports rose significantly to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

India (X tons) and Pakistan (X tons) dominates imports structure, together generating 86% of total imports. It was distantly followed by Bangladesh (X tons), comprising a 7.1% share of total imports. The following importers - Nepal (X tons), Maldives (X tons) and Sri Lanka (X tons) - together made up 6.8% of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Pakistan ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 94% of total imports.

In terms of the main importing countries, Bangladesh, with a CAGR of +9.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, rising by 5.4% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2014 when the import price increased by 8.5%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

India constituted the country with the largest volume of chocolate consumption, accounting for 62% of total volume. Moreover, chocolate consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, fourfold. The third position in this ranking was occupied by Bangladesh, with a 15% share.
The country with the largest volume of chocolate production was India, accounting for 62% of total volume. Moreover, chocolate production in India exceeded the figures recorded by the second-largest producer, Bangladesh, fourfold. Pakistan ranked third in terms of total production with a 15% share.
In value terms, India and Bangladesh were the countries with the highest levels of exports in 2020.
In value terms, India constitutes the largest market for imported chocolate and other food preparations containing cocoa in Southern Asia, comprising 52% of total imports. The second position in the ranking was occupied by Pakistan, with a 25% share of total imports. It was followed by Bangladesh, with a 9.7% share.
In 2020, the chocolate export price in Southern Asia amounted to $1,480 per ton, with a decrease of -37.9% against the previous year.
In 2020, the chocolate import price in Southern Asia amounted to $2,822 per ton, which is down by -9.5% against the previous year.

This report provides an in-depth analysis of the chocolate market in Southern Asia. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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