Sweden: Cocoa Paste Market 2025

Cocoa Paste Market Size in Sweden

The Swedish cocoa paste market totaled $X in 2021, increasing by 8% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.2% against 2019 indices. Cocoa paste consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Cocoa Paste Production in Sweden

In value terms, cocoa paste production rose notably to $X in 2021 estimated in export price. In general, production posted resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 125% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Cocoa Paste Exports

Exports from Sweden

In 2021, the amount of cocoa paste exported from Sweden skyrocketed to X kg, growing by 1,691% compared with 2020 figures. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 4,838%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, cocoa paste exports soared to $X in 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 40,053%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X kg), Finland (X kg) and Norway (X kg) were the main destinations of cocoa paste exports from Sweden, with a combined 91% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +38.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cocoa paste exported from Sweden were the UK ($X), Finland ($X) and Norway ($X), together comprising 81% of total exports.

Finland, with a CAGR of +47.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cocoa paste export price stood at $X per ton in 2021, rising by 42% against the previous year. Overall, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 713% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Paste Imports

Imports into Sweden

In 2021, the amount of cocoa paste imported into Sweden stood at X tons, growing by 10% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 12%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, cocoa paste imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Belgium (X tons) constituted the largest cocoa paste supplier to Sweden, accounting for a 75% share of total imports. Moreover, cocoa paste imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.2% per year) and Germany (-40.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of cocoa paste to Sweden, comprising 76% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.9% per year) and Germany (-31.8% per year).

Import Prices by Country

The average cocoa paste import price stood at $X per ton in 2021, rising by 2.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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