Which Country Exports the Most Cocoa Butter in the World?

IndexBox has just published a new report "World: Cocoa Butter - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global cocoa butter imports totaled 837K tonnes in 2016, dropping by -4.1% against the previous year figure. The total import volume increased at an average annual rate of +1.9% from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013, when import increased by 12% year-to-year. Over the period under review, global cocoa butter imports reached its maximum volume of 893K tonnes in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.

In value terms, cocoa butter imports amounted to $5.3B in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, cocoa butter imports decreased by -11.1% against its level of 2014. In that year, global cocoa butter imports reached its maximum level of $5.9B. From 2015 to 2016, growth of global cocoa butter imports failed to regain its strength.

Top Cocoa Butter Importing Countries in the World

1. Germany (838.3 million USD)

2. Belgium (613.9 million USD)

3. USA (548.8 million USD)

4. Netherlands (488.2 million USD)

5. France (331.3 million USD)

6. United Kingdom (323.3 million USD)

7. Russia (202.8 million USD)

8. Canada (184.5 million USD)

9. Poland (181.5 million USD)

10. Italy (181.2 million USD)

11. Switzerland (177.7 million USD)

12. Japan (153.3 million USD)

Cocoa Butter Imports By Country

The imports of the six major importers of cocoa butter, namely Germany, Belgium, the U.S., the Netherlands, France, and the UK, represented more than half of total import. The following importers - Russia (29K tonnes), Italy (28K tonnes), Switzerland (28K tonnes), Poland (27K tonnes), Canada (26K tonnes), and Japan (24K tonnes) occupied near 19% of total imports, each.

From 2007 to 2016, the most notable growth rate of cocoa butter imports, among the main importing countries, was attained by Germany (+4.9% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($838M), Belgium ($614M) and the U.S. ($549M) were the countries with the highest levels of imports in 2016, together comprising 38% of global imports.

Germany (+7.9% per year) recorded the highest rates of growth with regard to the cocoa butter imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Cocoa Butter Import Prices By Country

The average cocoa butter import price stood at $6,306 per tonne in 2016, surging by 4% against the previous year. Overall, it indicated a noticeable expansion from 2007 to 2016: the import price value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, cocoa butter import price decreased by -5.2% against its level of 2014. The pace of growth was the most pronounced in 2014, when import increased by 63% against the previous year level. In that year, average cocoa butter import price attained its maximum level of $6,652 per tonne. From 2015 to 2016, growth of average cocoa butter import price stood at a somewhat lower level.

Average import prices varied somewhat amongst major importing countries. In 2016, major importing countries recorded the following import prices: in Canada ($7,036 per tonne) and Russia ($6,933 per tonne), while France ($5,141 per tonne) and the UK ($6,088 per tonne) were among the lowest.

From 2007 to 2016, the most notable growth rate of cocoa butter import prices was attained by Canada (+5.3% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global cocoa butter market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• cocoa butter market share
• cocoa butter prices
• cocoa butter industry
• cocoa butter sales
• cocoa butter import
• cocoa butter export
• cocoa butter market forecast
• cocoa butter price forecast
• key cocoa butter producers

All data provided in this article covers the following product: HS Code 1804 - Cocoa- butter, fat and oil.

Source: World: Cocoa Butter - Market Report. Analysis and Forecast to 2025