Export of cocoa powder to Hungary

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Export of cocoa powder to Hungary, a growing opportunity on the world trade scene

Cocoa imports to Hungary increased by 32% from 2013 to 2017. One of the companies involved in the export of cocoa powder to Hungary is Latamarko. Latamarko cocoa powder is made from organic cocoa beans. This product, has several quality certifications and produced in two natural and alkalized forms, the latter of which is divided into three categories: brown, dark brown and dark reddish brown

Export of cocoa powder to Hungary, a growing opportunity on the world trade scene

Export of cocoa powder to Hungary

Eastern Europe is one of the emerging markets for cocoa powder and other cocoa-related products. Growing interest in chocolate and cocoa products in Eastern European countries such as the Czech Republic, Hungary and Poland provides many opportunities for Businessmen around the world to produce and trade cocoa products. There are currently few companies operating in this region, which is why the market is empty for traders who intend to export cocoa powder to Hungary, as well as other Eastern Europe countries. Eastern Europe’s demand for chocolate, which is growing day by day, is a great opportunity for communication between cocoa powder companies and chocolate factories in Eastern Europe, including Hungary. According to the COMTRADE database on international trade, cocoa and its products export to Hungary during 2018 were 9.49 thousand dollars. Also, cocoa imports to Hungary increased by 32% from 2013 to 2017. Currently, the export of cocoa powder to Hungary is one of the profitable exports.

The cocoa trade and its products – including cocoa powder – are one of the important and growing sectors of the global food industry. Due to the fact that cocoa plant – from which cocoa powder is produced – needs a rainy and tropical climate, the main home of the cocoa tree is the rainforests of South America. Of course, it can be planted in any tropical country, where the soil is rich and well drained and has a lot of moisture throughout the year. But if the planting height is more than 832 meters, the cocoa tree will not grow even in the tropics. This tree is distinguished from other trees by its broad leaves and grows up to a height of seven and a half meters. Cocoa beans are very similar to almonds. One of the reasons that lead to export of cocoa powder to Hungary is that this country and other Eastern European countries do not have the right climate for cocoa growth.

Export of cocoa powder to Hungary

Export of cocoa powder to Hungary by Turkish company Latamarko

One of the regional companies involved in the export of cocoa powder to Hungary is Latamarko. Latamarko is one of the successful food industry companies in Turkey. Different and varied food products are produced by Latamarko and exported to different parts of the region and the world. One of these products is cocoa powder. Export of cocoa powder to Hungary by the company is in bulk. Latamarko cocoa powder is made from organic cocoa beans purchased from Ivory Coast and Ecuador. This product, like other Latamarko products, has several quality certifications, one of which is a “HALAL” approval. Cocoa powder exported to Hungary is produced in two natural and alkalized forms, the latter of which is divided into three categories: brown, dark brown and dark reddish brown. All of these products are of high quality and competitive price.

Contact our experts in Latamarko to find out the conditions of export of cocoa powder to Hungary