Cocoa Bean Market

Cocoa bean market: find new info secured by an Ai-driven market research platform. Info provide production, consumption, market size, companies, imports, exports, trade, and market prices. Here is a split by region, including EU, the U.S., China, Russia, the U.K., Africa, Latin America, and the Middle East. Market dynamics and outlook to 2030 are also provided in the reports.


Get FREE access to the latest data and statistics on the Cocoa Bean Market.

Cocoa Bean - World's Largest Markets

RatingCountry
1Cote d'Ivoire
2Indonesia
3Netherlands
4Brazil
5Germany

In value terms, the largest cocoa bean markets worldwide were Cote d'Ivoire, Indonesia and the Netherlands, with a combined 39% share of the global market.

Among the main consuming countries, Cote d'Ivoire recorded the highest rates of growth with regard to market size, over the period under review, while cocoa bean market for the other global leaders experienced more modest paces of growth.

Cocoa Bean Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Nigeria2035228922916.1%
Cameroon2103214524207.3%
Ecuador2262242625245.6%
Cote d'Ivoire21382207278914.2%
Belgium298629322826-2.7%
Netherlands2753263428391.5%
Ghana288928772886-0.1%
Average2415242927126.0%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Ghana ($2,886 per tonne) and the Netherlands ($2,839 per tonne), while Nigeria ($2,291 per tonne) and Cameroon ($2,420 per tonne) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Italy2602250330408.1%
France2526264628736.6%
Belgium2516263228386.2%
Germany2588255327473.0%
United States2385248027236.9%
United Kingdom2328244926887.5%
Spain2282235526868.5%
Netherlands2248228826759.1%
Singapore2369238125614.0%
Indonesia2210231325427.2%
Malaysia2280235525285.3%
Turkey2225230724815.6%
Canada2122241024587.6%
Average2358241626906.8%

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Italy ($3,040 per tonne) and France ($2,873 per tonne), while Canada ($2,458 per tonne) and Turkey ($2,481 per tonne) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Cocoa Bean - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Netherlands2.42.32-8.2%
Germany0.80.81.219.9%
United States10.911.8%
Malaysia0.80.8111.1%
Belgium0.20.30.8103.4%

In value terms, the Netherlands ($2B), Germany ($1.2B) and the United States ($1B) appeared to be the countries with the highest levels of imports in 2020, together accounting for 43% of global imports. Malaysia, Belgium, Indonesia, France, Turkey, the UK, Italy, Spain, Canada and Singapore lagged somewhat behind, together accounting for a further 44%.

Belgium (+103.4% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Cocoa Bean - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Cote d'Ivoire3.33.63.76.5%
Ghana2.41.91.3-25.7%
Ecuador0.70.70.810.8%
Belgium0.50.60.68.2%
Cameroon0.50.70.610.4%

In value terms, Cote d'Ivoire ($3.7B) remains the largest cocoa bean supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by Ghana ($1.3B), with a 15% share of global exports. It was followed by Ecuador, with a 8.8% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Cote d'Ivoire amounted to +6.5%. In the other countries, the average annual rates were as follows: Ghana (-25.7% per year) and Ecuador (+10.8% per year).

Cocoa Bean - Market Forecast

Driven by increasing demand for cocoa bean worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Cocoa Bean - Top Companies

Changyang Yansongping Penggan Production & Marketing Specialty Cooperative, Henan Hua'an Dushi Agriculture Co.,Ltd., KYNDALYN PARK PTY LTD, Wonderful Orchards LLC, SELECT HARVESTS LIMITED, WEBSTER LIMITED, AROFA SL, LA PIEDRA REDONDA SL, Mariani Nut Company, Inc., MACADAMIA PROCESSING CO LTD, Candor-Ags, Inc., ALMENDRAS Y FRUTOS SECOS BONANY SL, COOPERATIVA AGRICOLA I SECCIO DE CREDIT DE LA SELVA DEL CAMP SOCIEDAD COOPERATIVA CATALANA, Monte de Oro SA, Jiaocheng County Nongyichang Agriculture & Animal Husbandry Specialty Cooperativ e, Yichang Xiaoxihong Orange Specialty Cooperative, Hawaiian Orchards Royal L P, FRUTAS BORJA SL, Evans Farms GP, C.M.V. FARMS PTY. LTD.

Cocoa Bean - Product Coverage

  • HS 1801 - Cocoa beans; whole or broken, raw or roasted
Store
Blog
Event
World - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global cocoa bean market.

Africa - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in Africa.

Latin America and the Caribbean - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in Latin America and the Caribbean.

Central Asia - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in Central Asia.

Middle East - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in the Middle East.

South-Eastern Asia - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in South-Eastern Asia.

Eastern Asia - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in Eastern Asia.

Northern America - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in Northern America.

Australia and Oceania - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in Australia and Oceania.

Southern Asia - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa bean market in Southern Asia.

Category
Geography

Nothing found. Please try again.


Nothing found. Please try again.
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data