Germany and Hungary lead European cocoa powder exports, with Germany at the top but facing a slight decline. Hungary shows marginal reduction, whereas Italy and the UK experience growth, indicating a shift towards southern Europe. Sweden and France report significant decreases, contrasting with Greece's substantial surge. Spain's notable growth aligns with Austria and Denmark's positive trajectory. Conversely, the Netherlands' drastic drop highlights fluctuations in the market. Notably, countries like Latvia and Slovenia are seeing positive, although modest, growth, while smaller economies such as Finland and Cyprus are struggling.
Future trends to watch include a potential increase in exports from southern European countries due to favorable growth rates. Monitoring Greece's significant growth and Belgium's resilience may highlight shifting market dynamics. Additionally, market recovery or further decline in key exporters like Germany and France, as well as continued volatility in countries like the Netherlands, will be crucial for projecting overall industry trends. Heightened attention to sustainability and demand shifts might influence long-term export strategies.
Top countries in Export of Cocoa Powder, Containing Added Sugar or Other Sweetening Matter by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,495,000 | 2023 | -5.77% | -4.84% | View data |
| 2 | 2 Hungary | 11,110,000 | 2023 | +0.88% | -1.18% | View data |
| 3 | 3 Italy | 3,115,200 | 2023 | +12.25% | +6.29% | View data |
| 4 | 4 United Kingdom | 2,698,500 | 2023 | -0.49% | +3.77% | View data |
| 5 | 5 Sweden | 2,358,800 | 2023 | +7.22% | -5.63% | View data |
| 6 | 6 Belgium | 2,248,800 | 2023 | +7.23% | +0.065% | View data |
| 7 | 7 Greece | 1,874,900 | 2023 | +59.33% | +56.07% | View data |
| 8 | 8 Ireland | 1,858,400 | 2023 | +11.13% | +6.56% | View data |
| 9 | 9 France | 1,399,100 | 2023 | -4.33% | -7.7% | View data |
| 10 | 10 Spain | 1,184,600 | 2023 | -1.67% | +11.01% | View data |
