In 2023, Germany led European sold production of preparations containing cocoa for making beverages, valued at 86.095 million Euros, despite a decline of 3.71% from the previous year. The United Kingdom followed with a slight increase of 2.41% to 71.434 million Euros. Italy showed a minor decrease of 2.21%, reaching 52.978 million Euros. Spain experienced a significant growth of 9.19%, while Poland faced a decline of 4.34%. Croatia's production increased by 3.25%, and Denmark remained a smaller contributor. Over the past five years, the region has seen fluctuating growth trends.
Future trends to watch include potential shifts in consumer preferences towards healthier or alternative beverage options, impacting demand. Attention to sustainability and ethical sourcing practices might also shape production dynamics and market development strategies.
Top countries in Sold Production of Preparations Containing Cocoa for Making Beverages by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 86,095,000 | 2023 | -5.35% | -3.71% | View data |
| 2 | 2 United Kingdom | 71,434,000 | 2023 | -1.71% | +2.41% | View data |
| 3 | 3 Italy | 52,978,000 | 2023 | +0.36% | -2.21% | View data |
| 4 | 4 Spain | 16,159,000 | 2023 | +3.3% | +9.19% | View data |
| 5 | 5 Czechia | 14,404,000 | 2023 | |||
| 6 | 6 Poland | 8,904,900 | 2023 | +1.98% | -4.34% | View data |
| 7 | 7 Croatia | 3,021,200 | 2023 | +3.54% | +3.25% | View data |
| 8 | 8 Denmark | 15,060 | 2021 | View data |
