In 2023, Spain led the European export of chocolate flavor coatings containing at least 18% cocoa butter, with a significant 39.13% share. The Netherlands followed with 23.2%, showing a noteworthy 15.03% year-on-year increase. Italy and Germany showed mixed results, with 8.68% growth for Italy but a decline of 6.95% for Germany. Hungary had an impressive rise of 27.79%, contrasting with the United Kingdom's slight decrease of 1.36%. Smaller markets like Finland exhibited remarkable growth predominantly due to a low base, while countries like Croatia and Romania experienced declines.
Future trends to watch include sustainability in production and packaging, increasing health consciousness impacting demand for chocolate products, and potential regulation changes affecting cocoa trade. Market volatility could arise from economic fluctuation, with agile adaptation critical for maintaining competitive advantage.
Top countries in Export of Chocolate Flavour Coating Containing at Least 18% by Weight of Cocoa Butter in Packings Exceeding 2 Kg Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 39.13 | 2023 | +3.44% | +5.08% | View data |
| 2 | 2 Netherlands | 23.2 | 2023 | +3.57% | +15.03% | View data |
| 3 | 3 Italy | 17.64 | 2023 | +18.01% | +8.68% | View data |
| 4 | 4 Germany | 12.39 | 2023 | -36.32% | -6.95% | View data |
| 5 | 5 Poland | 7.75 | 2023 | +4.54% | +6.04% | View data |
| 6 | 6 United Kingdom | 4.19 | 2023 | +3.87% | -1.36% | View data |
| 7 | 7 Hungary | 3.83 | 2023 | +7.2% | +27.79% | View data |
| 8 | 8 Czechia | 3.1 | 2023 | |||
| 9 | 9 France | 0.43 | 2023 | +17.35% | -1.66% | View data |
| 10 | 10 Latvia | 0.27 | 2023 | +5.78% | +7.43% | View data |
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