The Netherlands leads European imports of cocoa powder, representing over 20% of the total in 2023. Germany and France hold substantial shares, while Italy and Belgium complete the top five. Over the past year, notable import share growth occurred in Ireland and Luxembourg, with both countries experiencing over 10% increases. Spain and Latvia also saw significant rises of more than 8%. In contrast, the Netherlands and Denmark experienced declines, with Denmark's share falling by nearly 4%. Over the past five years, the compound annual growth rate (CAGR) indicates a varied landscape of slight growth and contraction trends across different EU countries.
Future trends may include continued diversification of import sources as countries like Latvia and Ireland emerge with stronger growth trajectories. The volatile European landscape could lead to shifts in trade patterns, with Eastern European countries possibly increasing their market share. Watch for policy changes impacting trade agreements and tariffs, potentially influencing import dynamics and leading to further market adjustments.
Top countries in Import of Cocoa Powder Not Containing Added Sugar or Other Sweetening Matter Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 20.85 | 2023 | +3.82% | -0.72% | View data |
| 2 | 2 Germany | 15.35 | 2023 | +5.6% | +0.93% | View data |
| 3 | 3 France | 12.01 | 2023 | +3.06% | +0.75% | View data |
| 4 | 4 Italy | 11.16 | 2023 | +1.48% | +0.47% | View data |
| 5 | 5 Belgium | 8.78 | 2023 | +1.77% | +4.33% | View data |
| 6 | 6 Poland | 7.53 | 2023 | +2.2% | +2.36% | View data |
| 7 | 7 United Kingdom | 4.41 | 2023 | +1% | +1.4% | View data |
| 8 | 8 Spain | 3.63 | 2023 | +4.63% | +8.32% | View data |
| 9 | 9 Hungary | 2.37 | 2023 | +0.81% | +0.33% | View data |
| 10 | 10 Romania | 1.89 | 2023 | +0.14% | -0.4% | View data |
