Cocoa Powder Market Overview in Germany
Market Overview
In 2019, the German cocoa powder market increased by 
% to $ for the first time since 2013, thus ending a five-year declining trend. Overall, consumption, however, showed a slight downturn. The pace of growth was the most pronounced in 2011 with an increase of % year-to-year. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.
In value terms, cocoa powder production amounted to $ in 2019 estimated in export prices. Overall, production saw a perceptible expansion. The growth pace was the most rapid in 2010 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2011 to 2019, production growth failed to regain the momentum.
% to $ for the first time since 2013, thus ending a five-year declining trend. Overall, consumption, however, showed a slight downturn. The pace of growth was the most pronounced in 2011 with an increase of % year-to-year. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.In value terms, cocoa powder production amounted to $
in 2019 estimated in export prices. Overall, production saw a perceptible expansion. The growth pace was the most rapid in 2010 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2011 to 2019, production growth failed to regain the momentum.Consumption
In 2019, consumption of cocoa powder (not sweetened) was finally on the rise to reach tonnes after four years of decline. In general, consumption, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2009 when the consumption volume increased by % y-o-y. Over the period under review, consumption reached the peak volume at tonnes in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.
The size of the cocoa powder market in Germany surged to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a mild reduction. The most prominent rate of growth was recorded in 2011 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.
tonnes after four years of decline. In general, consumption, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2009 when the consumption volume increased by % y-o-y. Over the period under review, consumption reached the peak volume at tonnes in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.The size of the cocoa powder market in Germany surged to $
in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a mild reduction. The most prominent rate of growth was recorded in 2011 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for cocoa powder in Germany, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in Germany increased significantly over the last twelve years (from % to %).
% to %).Trade Balance
This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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