Earlier Report Observations
The Swiss market for not defatted cocoa paste expanded from 30 073 t in 2018 to 32 857 t in 2019, supported by a broader European trend toward premium chocolate with higher cocoa content, which increased demand for cocoa ingredients. However, market volume contracted to 29 507 t in 2020, while the market value remained steady at around 132 million US dollars.
Market volume recovered to 32 057 t in 2021 and reached 33 908 t in 2022, with the market value rising to 152 million US dollars by 2022, indicating stronger pricing or a shift toward higher-value products.
In 2023, market volume stabilized at 33 820 t, but value jumped to 169 million US dollars as global cocoa supply tightened due to production shortfalls in West Africa and the anticipated impact of El Niño. The high price environment continued into 2024, driven by crop diseases and adverse weather in major producing countries like Côte d'Ivoire and Ghana.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Switzerland
- 5.1.1. Annual dynamics of production in Switzerland in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Switzerland in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Switzerland
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Switzerland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Switzerland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Switzerland in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Switzerland by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Switzerland, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Switzerland by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Switzerland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Switzerland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Switzerland in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Switzerland by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Switzerland, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Switzerland by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Switzerland in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Switzerland by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Switzerland in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Switzerland by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Switzerland, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Switzerland by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Switzerland in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Switzerland by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Switzerland in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Switzerland by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Switzerland, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Switzerland by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production not defatted cocoa paste in Switzerland
In kind, 2017-2020, t
From 2017 to 2020, Switzerland maintained the 20th position globally in terms of production volume for not defatted cocoa paste.
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, Switzerland's production of not defatted cocoa paste declined. In 2020, the country produced 38 795 tonnes, marking a slight decrease of 0.7% compared to 2019. Over the period from 2017 to 2020, production increased by 14%, which translates to an annualized growth rate of 4.5%. The highest production level was recorded in 2019 at 39 053 tonnes, with the largest year-on-year increase of 9.7% also occurring that year.
Annual dynamics of production in Switzerland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.6% | 9.7% | (0.7%) | 4.5% |
In value, 2017-2020, M $ US
Switzerland's not defatted cocoa paste production value rose for the second consecutive year. In 2020, the output was valued at 174.9 million US dollars, reflecting a modest increase of 9.9% from the previous year. The lowest value was recorded in 2018 at 148.2 million US dollars, which also saw the largest decline of 16.3%.
Annual dynamics of production in Switzerland in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.3%) | 7.4% | 9.9% | (0.4%) |
Exports not defatted cocoa paste from Switzerland
Exports in kind, t
Switzerland's volume of not defatted cocoa paste exports increased for the third year in a row. In 2020, exports reached 18 214 tonnes, showing a limited advance of 7.8% year-over-year. From 2017 to 2020, exports grew by 23.8%, with a compound annual growth rate of 7.4%.
Annual dynamics of product's exports from Switzerland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.1% | 7.3% | 7.8% | 7.4% |
Between 2017 and 2020, Germany and Italy were the dominant destinations for Switzerland's not defatted cocoa paste exports in volume terms, jointly accounting for 97.8% of total flows. The remaining volume was distributed among smaller markets.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Switzerland in kind, 2017-2020
Exports in value, K $ US
The value of not defatted cocoa paste exports from Switzerland increased for the second consecutive year. In 2020, exports totaled 82.106 million US dollars, up by 19.2% year-over-year. Over the 2017-2020 period, export value rose by 7.3%, with a compound annual growth rate of 2.4%. The lowest value was recorded in 2018 at 65.620 million US dollars, which also experienced the largest decline of 14.2%.
Annual dynamics of product's exports from Switzerland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.2%) | 5.0% | 19.2% | 2.4% |
From 2017 to 2020, Germany and Italy were the main destinations for Switzerland's not defatted cocoa paste exports in value terms, jointly taking 97.5% of total flows. The remaining share was split among other markets.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Switzerland in value, 2017-2020
Imports not defatted cocoa paste to Switzerland
Imports in kind, t
After two years of growth, Switzerland's imports of not defatted cocoa paste in volume terms declined. In 2020, the country imported 8 926 tonnes, reflecting a substantial decrease of 16.6% compared to the previous year. Over the 2017-2020 period, imports decreased by 5.3%, with a compound annual decline rate of 1.8%. The highest import volume was recorded in 2019 at 10 707 tonnes, while the largest year-on-year increase of 8.6% occurred in 2018.
Annual dynamics of product's imports to Switzerland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.6% | 4.6% | (16.6%) | (1.8%) |
During 2017-2020, the Netherlands (50.4% of imports in volume), France (17.9%), and Germany (13.5%) formed the main cluster of markets for Switzerland's not defatted cocoa paste imports in kind, together accounting for 81.8% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Switzerland in kind, 2017-2020
Imports in value, K $ US
Following two years of improvement, Switzerland's imports of not defatted cocoa paste in value terms declined. In 2020, imports stood at 38.917 million US dollars, corresponding to a limited decrease of 7.9% year-over-year. The highest value was recorded in 2019 at 42.269 million US dollars, with the largest increase of 6.6% occurring in 2018.
Annual dynamics of product's imports to Switzerland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.6% | 3.1% | (7.9%) | 0.4% |
From 2017 to 2020, the Netherlands (53.3% of imports in value), France (18.2%), and Germany (12.4%) consistently remained the main destinations for Switzerland's not defatted cocoa paste imports in value terms, together accounting for 83.9% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Switzerland in value, 2017-2020
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