
World - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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.
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Cocoa Bean - World's Largest Markets
Rating | Country |
---|---|
1 | Cote d'Ivoire |
2 | Indonesia |
3 | Netherlands |
4 | Brazil |
5 | Germany |
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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Nigeria | 2035 | 2289 | 2291 | 6.1% |
Cameroon | 2103 | 2145 | 2420 | 7.3% |
Ecuador | 2262 | 2426 | 2524 | 5.6% |
Cote d'Ivoire | 2138 | 2207 | 2789 | 14.2% |
Belgium | 2986 | 2932 | 2826 | -2.7% |
Netherlands | 2753 | 2634 | 2839 | 1.5% |
Ghana | 2889 | 2877 | 2886 | -0.1% |
Average | 2415 | 2429 | 2712 | 6.0% |
Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Ghana ($2,886 per ton) and the Netherlands ($2,839 per ton), while Nigeria ($2,291 per ton) and Cameroon ($2,420 per ton) 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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Italy | 2602 | 2503 | 3040 | 8.1% |
France | 2526 | 2646 | 2873 | 6.6% |
Belgium | 2516 | 2632 | 2838 | 6.2% |
Germany | 2588 | 2553 | 2747 | 3.0% |
United States | 2385 | 2480 | 2723 | 6.9% |
United Kingdom | 2328 | 2449 | 2688 | 7.5% |
Spain | 2282 | 2355 | 2686 | 8.5% |
Netherlands | 2248 | 2288 | 2675 | 9.1% |
Singapore | 2369 | 2381 | 2561 | 4.0% |
Indonesia | 2210 | 2313 | 2542 | 7.2% |
Malaysia | 2280 | 2355 | 2528 | 5.3% |
Turkey | 2225 | 2307 | 2481 | 5.6% |
Canada | 2122 | 2410 | 2458 | 7.6% |
Average | 2358 | 2416 | 2690 | 6.8% |
Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Italy ($3,040 per ton) and France ($2,873 per ton), while Canada ($2,458 per ton) and Turkey ($2,481 per ton) 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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Netherlands | 2.4 | 2.3 | 2 | -8.2% |
Germany | 0.8 | 0.8 | 1.2 | 19.9% |
United States | 1 | 0.9 | 1 | 1.8% |
Malaysia | 0.8 | 0.8 | 1 | 11.1% |
Belgium | 0.2 | 0.3 | 0.8 | 103.4% |
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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Cote d'Ivoire | 3.3 | 3.6 | 3.7 | 6.5% |
Ghana | 2.4 | 1.9 | 1.3 | -25.7% |
Ecuador | 0.7 | 0.7 | 0.8 | 10.8% |
Belgium | 0.5 | 0.6 | 0.6 | 8.2% |
Cameroon | 0.5 | 0.7 | 0.6 | 10.4% |
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
This report provides an in-depth analysis of the global cocoa bean market. 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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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
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MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
- 7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
- 8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2022
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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11. COUNTRY PROFILES
The Largest Markets And Their Profiles
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption, By Country, 2018–2022
- Production, In Physical Terms, By Country, 2012–2022
- Harvested Area, By Country, 2012-2022
- Yield, By Country, 2012-2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Destination, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Origin, 2012–2022
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Consumption, By Country, 2022
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2022
- Production, In Value Terms, 2012–2022
- Area Harvested, 2012–2022
- Yield, 2012–2022
- Production, By Country, 2022
- Production, In Physical Terms, By Country, 2012–2022
- Harvested Area, By Country, 2022
- Harvested Area, By Country, 2012-2022
- Yield, By Country, 2012-2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, 2012–2022
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