
U.S. - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
Cocoa Powder Price per Ton June 2022
U.S. Cocoa Powder Import Price per Ton June 2022
In June 2022, the cocoa powder price per ton amounted to $3,470 (CIF, US), increasing by 4.6% against the previous month. Over the last five-month period, it increased at an average monthly rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was France ($4,472 per ton), while the price for Spain ($2,884 per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Cocoa Powder Imports
After three months of growth, supplies from abroad of cocoa powder (not sweetened) decreased by -5.5% to 11K tons in June 2022. Over the period under review, total imports indicated a buoyant increase from January 2022 to June 2022: its volume increased at an average monthly rate of +5.0% over the last five-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports increased by +60.1% against February 2022 indices. The pace of growth appeared the most rapid in April 2022 with an increase of 23% m-o-m. Imports peaked at 11K tons in May 2022, and then contracted in the following month.
In value terms, cocoa powder imports declined modestly to $37M (IndexBox estimates) in June 2022. Overall, total imports indicated a buoyant increase from January 2022 to June 2022: its value increased at an average monthly rate of +7.7% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports increased by +75.3% against February 2022 indices. The pace of growth was the most pronounced in April 2022 when imports increased by 26% m-o-m. Imports peaked at $37M in May 2022, and then dropped in the following month.
U.S. Cocoa Powder Imports by Country
In June 2022, the Netherlands (6.1K tons) constituted the largest supplier of cocoa powder to the United States, with a 58% share of total imports. Moreover, cocoa powder imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Malaysia (1.4K tons), fourfold. The third position in this ranking was held by Spain (836 tons), with a 7.9% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume from the Netherlands totaled +9.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (+15.8% per month) and Spain (+13.5% per month).
In value terms, the Netherlands ($22M) constituted the largest supplier of cocoa powder to the United States, comprising 59% of total imports. The second position in the ranking was held by Malaysia ($4.3M), with a 12% share of total imports. It was followed by France, with a 9.2% share.
From January 2022 to June 2022, the average monthly growth rate of value from the Netherlands stood at +11.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (+20.4% per month) and France (+7.3% per month).
This report provides an in-depth analysis of the cocoa powder market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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