Not defatted cocoa paste market in Slovenia

Earlier Report Observations

Between 2018 and 2023, the Slovenian market for not defatted cocoa paste showed considerable volatility, with volume swinging from 371 tons down to 254 tons in 2019 before recovering to exceed 400 tons in subsequent years. The market reached its highest point at 509 tons in 2023, a growth linked to the broader recovery in consumer demand for chocolate and other cocoa-containing food preparations within the country.

The market landscape is evolving with the European Union's Regulation on deforestation-free products, which imposes strict due diligence requirements on cocoa supply chains from December 2024. This regulatory change, coupled with sustained European consumer preference for certified and sustainable cocoa products, is shaping the operating environment for market participants.

Production not defatted cocoa paste in Slovenia

In kind, 2017-2020, kg

Top producers of not defatted cocoa paste, 2017-2020

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

Slovenia's production of not defatted cocoa paste has declined for the third consecutive year. In 2020, the country produced 9 130 kg, marking a sharp decrease of 39.8% compared to 2019. Over the period from 2017 to 2020, production fell by 53.3%, with an average annual decline of 22.4%.

Annual dynamics of production in Slovenia in kind, 2017-2020, kg

In value, 2017-2020, K $ US

The value of not defatted cocoa paste production in Slovenia has dropped for the second year in a row. In 2020, output was valued at 166.9 K $ US, which is 32.4% lower than in 2019. Between 2017 and 2020, production decreased by 49.2%, translating to an annualized rate of 20.2%. The highest value was recorded in 2018 at 404.8 K $ US. The most significant decline occurred in 2019, with a drop of 39.0%, while the largest increase was in 2018, at 23.2%.

Annual dynamics of production in Slovenia in value, 2017-2020, K $ US

Exports not defatted cocoa paste from Slovenia

Exports in kind, t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2020 and peaked in 2017, with a 5.1-fold difference between these years. In 2020, Slovenia's exports of not defatted cocoa paste amounted to 0.0 t, down by 67.4% from the previous year. The largest decline was recorded in 2018 at 74.4%, and the largest increase occurred in 2019, rising by 134.4%.

Annual dynamics of product's exports from Slovenia in kind, 2017-2020, t

From 2017 to 2020, the key destinations for Slovenia's exports of not defatted cocoa paste in kind were Estonia, accounting for 31.2% of exports, Switzerland with 18.4%, and the United Kingdom at 18.1%. Together, these three countries represented 67.7% of total export flows.

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

World map of product's exports from Slovenia in kind, 2017-2020

Exports in value, K $ US

The market showed signs of volatility over the observed period. Exports hit their minimum in 2020 and peaked in 2017, with a 4.7-fold variation between these years. In 2020, Slovenia's export volume of not defatted cocoa paste totaled 0.4 K $ US, reflecting a 63.4% decline compared to 2019. The largest decrease was in 2018 at 68.1%, while the largest increase was in 2019, up by 82.2%.

Annual dynamics of product's exports from Slovenia in value, 2017-2020, K $ US

Between 2017 and 2020, the largest share of Slovenia's exports of not defatted cocoa paste in value terms came from Estonia, which accounted for 30.9%, followed by the United Kingdom at 18.9%, and Switzerland with 15.9%. Collectively, these three countries made up 65.8% of total export flows.

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

World map of product's exports from Slovenia in value, 2017-2020

Imports not defatted cocoa paste to Slovenia

Imports in kind, t

In 2020, Slovenia's imports of not defatted cocoa paste reached 398.6 t, representing a significant increase of 66.8% compared to 2019. Over the period from 2017 to 2020, imports grew by 28%, equating to an annualized rate of 8.6%. The lowest import volume was recorded in 2019 at 239.0 t, with the largest decline that year at 32.1%.

Annual dynamics of product's imports to Slovenia in kind, 2017-2020, t

From 2017 to 2020, the principal suppliers of not defatted cocoa paste to Slovenia in kind were Côte d'Ivoire, contributing 32.4% of imports, Ghana with 29.8%, and the Netherlands at 23.0%. Together, these three countries accounted for 85.1% of total imports in kind.

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

World map of product's imports to Slovenia in kind, 2017-2020

Imports in value, K $ US

Slovenia imported approximately 1 389 K $ US of not defatted cocoa paste in 2020, marking an improvement of 68.5% compared to the previous year. Over the period from 2017 to 2020, imports increased by 6.5%, with a compound annual growth rate of 2.1%. The minimum value was recorded in 2019 at 824 K $ US, with the largest decline that year at 37.3%.

Annual dynamics of product's imports to Slovenia in value, 2017-2020, K $ US

Between 2017 and 2020, the leading sources for Slovenia's imports of not defatted cocoa paste in value terms were Côte d'Ivoire, accounting for 31.4% of imports, Ghana with 27.6%, and the Netherlands at 22.2%. These three countries jointly represented 81.3% of total import flows.

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

World map of product's imports to Slovenia in value, 2017-2020