Not defatted cocoa paste market in Eastern Europe (including Northern Asia)

Earlier Report Observations

The market for not defatted cocoa paste in Eastern Europe opened the period at 130.5 thousand tons in 2018, buoyed by state import regulation and industry subsidies. Despite a decline to 118.7 thousand tons in 2019, the market saw the entry of new players and significant capacity expansions at major confectionery companies, which supported domestic processing. By 2020, continued state support helped stabilize the market volume at 116.3 thousand tons.

Market volume recovered to 122.8 thousand tons in 2021, followed by a sharp contraction to 94.7 thousand tons in 2022 as sanctions and geopolitical risks disrupted international trade and currency stability. A strong rebound occurred in 2023, with the market reaching 134.3 thousand tons, driven by an 8% increase in Russian chocolate and cocoa product output and active investments in cocoa bean processing lines.

In 2024, the market faced record high cocoa bean prices due to extreme weather in West Africa and global supply chain disruptions, alongside the introduction of import duties on cocoa paste and cocoa oil. Import volumes remained steady at 102.4 thousand tons, while exports rose to 24.4 thousand tons.

Production not defatted cocoa paste in Eastern Europe (including Northern Asia)

In kind, 2017-2020, t

Top producers of not defatted cocoa paste, 2017-2020

World map of production of not defatted cocoa paste, 2017-2020

Following two years of growth, production of not defatted cocoa paste in Eastern Europe (including Northern Asia) declined. In 2020, the region produced 43 415 tonnes, marking a modest year-on-year decrease of 4.2%. Over the 2017-2020 period, production rose by 32.5%, with a compound annual growth rate of 9.8%. The peak was reached in 2019 at 45 325 tonnes, while the largest annual increase occurred in 2018 at 34.2%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, t

In value, 2017-2020, M $ US

Production of not defatted cocoa paste in Eastern Europe (including Northern Asia) increased for the third consecutive year. In 2020, the output was valued at 165.5 million US dollars, up 1.8% from the previous year. From 2017 to 2020, production grew by 27.4%, equivalent to an annualized rate of 8.4%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Exports not defatted cocoa paste from Eastern Europe (including Northern Asia)

Exports in kind, K t

Exports of not defatted cocoa paste from Eastern Europe (including Northern Asia) rose for the third year in a row. In 2020, export volume reached 43.0 thousand tonnes, an 8.2% increase compared to 2019. Over the 2017-2020 period, exports expanded by 42.2%, with a compound annual growth rate of 12.5%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

From 2017 to 2020, Turkey, France, and Germany were the three main markets, collectively absorbing 54.4% of total exports in kind of not defatted cocoa paste from Eastern Europe (including Northern Asia).

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, M $ US

Foreign supplies of not defatted cocoa paste from Eastern Europe (including Northern Asia) increased for the third consecutive year. In 2020, exports amounted to 163.8 million US dollars, a solid 15.0% rise from the previous year. Between 2017 and 2020, exports grew by 36.8%, with a compound annual growth rate of 11.0%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

From 2017 to 2020, Turkey, France, and Germany remained the primary buyers of not defatted cocoa paste from Eastern Europe (including Northern Asia). Turkey accounted for 27.0% of exports in value terms, France for 23.8%, and Germany for 3.9%, together forming 54.7% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports not defatted cocoa paste to Eastern Europe (including Northern Asia)

Imports in kind, K t

In 2020, imports of not defatted cocoa paste into Eastern Europe (including Northern Asia) totalled 115.8 thousand tonnes, showing a slight increase of 2.4% compared to 2019. The lowest volume was recorded in 2019 at 113.1 thousand tonnes, while the highest was in 2018 at 123.0 thousand tonnes. The largest annual decline occurred in 2019 at 8.0%, and the largest increase was in 2018 at 5.4%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

Throughout 2017-2020, Côte d'Ivoire, Ghana, and the Netherlands played leading roles in imports in kind of not defatted cocoa paste to Eastern Europe (including Northern Asia). Côte d'Ivoire accounted for 30.4% of imports in kind, Ghana for 21.8%, and the Netherlands for 17.0%, jointly representing 69.3% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, M $ US

Cross-border shipments of not defatted cocoa paste into Eastern Europe (including Northern Asia) increased for the third consecutive year. In 2020, imports reached 460.6 million US dollars, a moderate uptick of 9.8% compared to 2019. Over the 2017-2020 period, imports rose by 11.7%, with a compound annual growth rate of 3.8%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

From 2017 to 2020, Côte d'Ivoire, Ghana, and the Netherlands together accounted for 67.0% of total imports in value terms, remaining the main sources for not defatted cocoa paste to Eastern Europe (including Northern Asia). Côte d'Ivoire contributed 29.5% of imports in value terms, Ghana 20.6%, and the Netherlands 16.9%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020