The global import of cocoa paste in monetary terms is led by the Netherlands, which maintains a dominant position with increasing imports. Key players, including Belgium, France, and Germany, display steady positive growth rates. Noteworthy is Malaysia, showing a significant increase in import shares by 5.82% year-on-year. Conversely, Ukraine and several smaller countries such as Lithuania, Kuwait, and Bahrain experienced declines in 2023.
Future trends to watch:
- Rising import demands from developing markets, such as Mexico and Mongolia, showcasing substantial year-on-year growth.
- Emphasis on sustainable sourcing may affect import dynamics, encouraging diversification in supplier countries.
- Potential volatility in traditional markets like Ukraine and Austria, which exhibited negative growth trends last year.
Top countries in Import of Cocoa Paste Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 13 | 2023 | +2.62% | +3.13% | View data |
| 2 | 2 Belgium | 10.47 | 2023 | +3.22% | +3.95% | View data |
| 3 | 3 France | 9.56 | 2023 | +0.8% | +2.2% | View data |
| 4 | 4 Germany | 7.42 | 2023 | -0.47% | +0.64% | View data |
| 5 | 5 United States | 7.16 | 2023 | +0.92% | +1.31% | View data |
| 6 | 6 Poland | 5.34 | 2023 | +1.82% | +1.57% | View data |
| 7 | 7 Russia | 5.1 | 2023 | +1.84% | +1.95% | View data |
| 8 | 8 Spain | 4.39 | 2023 | +1.69% | +3.07% | View data |
| 9 | 9 Italy | 3.76 | 2023 | +3.39% | +3.95% | View data |
| 10 | 10 Malaysia | 3.75 | 2023 | +2.59% | +5.82% | View data |
