Chocolate Coated Almonds Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Chocolate Coated Almonds in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Chocolate Coated Almonds Price Trend for the First Half of 2023

In California, the production of almonds was affected by adverse weather conditions that, in turn, affected the prices of chocolate-coated almonds. High instances of rains and hailstorms affected the breeding seasons, leading to lower production rates. However, these low production rates were still able to fulfill the existent demand for almonds in the global markets in the first and second quarters of 2023.

Chocolate Coated Almonds Price Trends

The lower availability of good-grade almonds around the globe was a persistent problem for the price trend of chocolate-coated almonds. However, from the end of the chocolates, the producers enjoyed a consistent spike in prices. The prices of almost all types of chocolates inclined in the markets proved to be fruitful for the market trend of chocolate-coated almonds. The prices were driven by lower production due to the El Nino phenomenon, high demand, and damage of crops due to insect infection.

Analyst Insight

According to Procurement Resource, the price of Chocolate Coated Almonds is estimated to be affected by high demand and limited harvest rates.

Procurement Resource provides latest prices of Chocolate Coated Almonds. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Chocolate Coated Almonds, as the name says, are basically those almonds which are dipped in and processed with chocolate. These are processed commercially and are widely used to enhance the taste of the dishes or food products. They contain antioxidants and flavonoids. These almonds are extensively used in food products like sweets, chocolates, custards, etc.

Product Details

Report Features Details
Product Name Chocolate Coated Almonds
Industrial Uses Sweets, Baked goods, Chocolates, Custards, Biscuits, Ice Creams
Supplier Database Cadbury NZ (Mondelez International Group), Vieira De Castro, Blue Diamond Growers, Sapphire (Dugar Overseas Pvt. Ltd.), ApricotKing
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Production Processes

  • Production of Chocolate Coated Almonds via Panning Process

In the panning process, a large drum is utilised that is set to spin at a certain speed in order to prevent the spilling of the inner materials, in this case, almonds. The liquid chocolate is gently poured upon the almonds placed inside the drum to form a chocolate coating around them. After obtaining the desired coating thickness, these almonds are finally polished and sold.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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