In 2023, the main European producers of cocoa powder not containing added sugar were the Netherlands, Germany, and Spain. The Netherlands led production despite a slight decline of 1.52%. Germany saw a notable increase of 6.64%, while Spain experienced a modest rise of 1.43%. In contrast, Italy faced a significant drop of 14.3%, while Poland decreased by 1.64%. Smaller markets like Slovakia grew significantly by 20.57%, and Serbia increased production by 7.54%. However, Finland's production plummeted by 66.15%. These variations indicate dynamic shifts in the cocoa powder market across Europe.
Future trends to watch include:
- Potential consolidation in leading markets if declines persist, particularly in Italy.
- Emergence of smaller markets like Slovakia and Serbia with their significant growth rates.
- Monitoring Germany’s continuous growth as it may enhance its market position.
- Exploring sustainable production practices due to increasing environmental concerns.
Top countries in Sold Production of Cocoa Powder Not Containing Added Sugar or Other Sweetening Matter by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 241,380,000 | 2023 | +0.6% | -1.52% | View data |
| 2 | 2 Germany | 149,570,000 | 2023 | +3.04% | +6.64% | View data |
| 3 | 3 Spain | 116,520,000 | 2023 | +1.93% | +1.43% | View data |
| 4 | 4 Italy | 32,780,000 | 2023 | +28.86% | -14.3% | View data |
| 5 | 5 Poland | 5,618,800 | 2023 | +0.073% | -1.64% | View data |
| 6 | 6 Serbia | 4,122,900 | 2023 | +4.87% | +7.54% | View data |
| 7 | 7 Slovakia | 581,590 | 2023 | +5.98% | +20.57% | View data |
| 8 | 8 Croatia | 312,960 | 2023 | -2.41% | -4.84% | View data |
| 9 | 9 Macedonia | 114,810 | 2023 | +3.89% | +3.86% | View data |
| 10 | 10 Estonia | 13,610 | 2023 | -11.21% | View data |
