In 2023, the Netherlands and Germany dominated the European cocoa paste production, representing 39.73% and 39.52% respectively. Italy followed with 11.63%, while Belgium and Spain held 5.93% and 4.66% respectively. France, Greece, and Montenegro together contributed marginally.
Year-on-year changes in 2023 highlighted significant growth for Italy (42.62%) and Greece (58.15%), while Germany experienced a slight decline (-0.89%). The Netherlands, Belgium, Spain, and Montenegro showed modest increases.
Looking ahead, trends to watch include a potential rise in production diversification, with smaller countries like Italy and Greece expanding their market share driven by strong growth rates. Additionally, sustainability and technological advancements in cocoa production may further influence the market dynamics.
Top countries in Sold Production of Cocoa Paste Share by Country (Kilograms)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 39.73 | 2023 | +16.84% | +1.39% | View data |
| 2 | 2 Germany | 39.52 | 2023 | +4.48% | -0.89% | View data |
| 3 | 3 Italy | 11.63 | 2023 | +57.42% | +42.62% | View data |
| 4 | 4 Belgium | 5.93 | 2023 | +6.19% | +1.57% | View data |
| 5 | 5 Spain | 4.66 | 2023 | +0.77% | -0.26% | View data |
| 6 | 6 France | 2.08 | 2021 | -15.02% | View data | |
| 7 | 7 Greece | 0.025 | 2023 | -14.03% | +58.15% | View data |
| 8 | 8 Montenegro | 0.01 | 2023 | +1.38% | +5.04% | View data |