Netherlands: Cocoa Butter Market 2022

Cocoa Butter Market Size in the Netherlands

In 2021, the Dutch cocoa butter market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Cocoa Butter Production in the Netherlands

In value terms, cocoa butter production shrank modestly to $X in 2021 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Cocoa butter production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Cocoa Butter Exports

Exports from the Netherlands

In 2021, the amount of cocoa butter exported from the Netherlands rose modestly to X tons, surging by X% on the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, cocoa butter exports fell to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and the UK (X tons) were the main destinations of cocoa butter exports from the Netherlands, with a combined X% share of total exports. These countries were followed by Poland, Switzerland, France, Italy, Turkey, Sweden and Ukraine, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cocoa butter exported from the Netherlands were Germany ($X), Belgium ($X) and the UK ($X), together comprising X% of total exports. These countries were followed by Poland, Switzerland, France, Italy, Sweden, Turkey and Ukraine, which together accounted for a further X terms of the main countries of destination, Poland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cocoa butter export price stood at $X per ton in 2021, waning by -X% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to Sweden ($X per ton) and Germany ($X per ton), while the average price for exports to Turkey ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Cocoa Butter Imports

Imports into the Netherlands

In 2021, the amount of cocoa butter imported into the Netherlands reached X tons, picking up by X% on 2020 figures. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, cocoa butter imports stood at $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Ghana (X tons) constituted the largest supplier of cocoa butter to the Netherlands, accounting for a X% share of total imports. Moreover, cocoa butter imports from Ghana exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. The third position in this ranking was taken by Cote d'Ivoire (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Ghana totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Cote d'Ivoire (-X% per year).

In value terms, Ghana ($X) constituted the largest supplier of cocoa butter to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Ghana stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Cote d'Ivoire (+X% per year).

Import Prices by Country

In 2021, the average cocoa butter import price amounted to $X per ton, waning by -X% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cocoa butter import price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Indonesia ($X per ton) and France ($X per ton), while the price for Nigeria ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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