Southern Asia: Chocolate Spread Market 2020

Chocolate Spread Market Size in Southern Asia

The revenue of the chocolate spread market in Southern Asia amounted to $X in 2017, increasing by X% against the previous year. The chocolate spread consumption continues to indicate a strong growth. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. The level of chocolate spread consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Chocolate Spread Production in Southern Asia

India (X tons) remains the largest chocolate spread producing country in Southern Asia, comprising approx. X% of total production.

Chocolate Spread Exports in Southern Asia

In 2017, the amount of chocolate spreads exported in Southern Asia amounted to X tons, waning by -X% against the previous year. The chocolate spread exports continue to indicate an outstanding growth. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, chocolate spread exports stood at $X in 2017. The chocolate spread exports continue to indicate a skyrocketing increase. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Chocolate Spread Exports by Country in Southern Asia

India dominates chocolate spread exports structure, resulting at X tons, which was near X% of total exports in 2017. Sri Lanka (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Sri Lanka (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Sri Lanka and India decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest chocolate spread supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports.

In India, chocolate spread exports expanded at an average annual rate of +X% over the period from 2007-2017.

Chocolate Spread Export Prices by Country in Southern Asia

In 2017, the chocolate spread export price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013, when the export prices increased by X% against the previous year. In that year, the export prices for chocolate spreads attained their peak level of $X per ton. From 2014 to 2017, growth of the export prices for chocolate spreads stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in India ($X per ton) and Sri Lanka ($X per ton), while Sri Lanka ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year).

Chocolate Spread Imports in Southern Asia

In 2017, approx. X tons of chocolate spreads were imported in Southern Asia; rising by X% against the previous year. The total imports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate spread imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. Over the period under review, the chocolate spread imports reached its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, chocolate spread imports totaled $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chocolate spread imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Chocolate Spread Imports by Country in Southern Asia

India was the main importing country with an import of around X tons, which accounted for X% of total imports. Sri Lanka (X tons) ranks second in terms of the global imports with a X% share, followed by Nepal (X%), Bangladesh (X%) and Afghanistan (X%). The following importers - Pakistan (X tons) and Maldives (X tons) together made up X% of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Bangladesh (+X%), Nepal (+X%), Afghanistan (+X%), Sri Lanka (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, Maldives (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Afghanistan, Bangladesh, Sri Lanka, Nepal and India decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported chocolate spreads in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global imports. It was followed by Nepal, with a X% share.

In India, chocolate spread imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (+X% per year) and Nepal (+X% per year).

Chocolate Spread Import Prices by Country in Southern Asia

The chocolate spread import price in Southern Asia stood at $X per ton in 2017, shrinking by -X% against the previous year. The chocolate spread import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. In that year, the import prices for chocolate spreads attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for chocolate spreads stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Maldives ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform