Which Country Exports the Most Cocoa Powder in the World?

Cocoa, Chocolate And Confectionery May 28, 2018

Blog Blog / Food Products / Cocoa, Chocolate And Confectionery

Author: Anna Sergeeva

PositionMarket Analyst

In 2016, approx. 855K tonnes of cocoa powder were exported worldwide; increasing by 6% against the previous year level. The total export volume increased at an average annual rate of +3.1% over the period from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2009, when export increased by 10% against the previous year level. Over the period under review, global cocoa powder exports attained its maximum volume in 2016, and are likely to see steady growth in the immediate term.

In value terms, cocoa powder exports amounted to $2.3B in 2016. In general, cocoa powder exports continue to indicate a strong increase. Global cocoa powder export peaked of $3.3B in 2011; however, from 2012 to 2016, it failed to regain its strength.

Top Cocoa Powder Exporting Countries in the World

1. Netherlands (691.0 million USD)

2. Malaysia (297.9 million USD)

3. Germany (278.9 million USD)

4. Indonesia (163.9 million USD)

5. Spain (158.3 million USD)

6. France (150.7 million USD)

7. Singapore (129.6 million USD)

Cocoa Powder Exports By Country

In 2016, the Netherlands (246K tonnes), distantly followed by Malaysia (134K tonnes), Germany (99K tonnes), Indonesia (74K tonnes), Spain (66K tonnes), France (45K tonnes), and Singapore (41K tonnes) were the main exporters of cocoa powder, together generating 83% of total exports.

From 2007 to 2016, the most notable growth rate of cocoa powder exports, among the main exporting countries, was attained by Indonesia (+9.7% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($691M) remains the largest cocoa powder supplier in the world, making up 30% of global exports. The second position in the ranking was occupied by Malaysia ($298M), with the share of 13% of global exports. It was followed by Germany, with the share of 12%.

In the Netherlands, cocoa powder exports expanded at an average annual rate of +6.1% over the period from 2007-2016. The remaining exporting countries recorded the following average annual rates: Malaysia (+9.9% per year) and Germany (+17.4% per year).

Cocoa Powder Export Prices By Country

In 2016, the average export price for cocoa powder amounted to $2,714 per tonne, surging by 13% against the previous year. In general, cocoa powder export price continues to indicate a prominent increase. The growth pace was the most rapid in 2010, when export increased by 89% year-to-year. Over the period under review, average cocoa powder export price attained its maximum level of $4,688 per tonne in 2011; however, from 2012 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was France ($3,330 per tonne), while Indonesia ($2,203 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of cocoa powder export prices was attained by Singapore (+9.8% per year), while the other global leaders experienced more modest paces of growth.

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