Report Update: Dec 1, 2023

World - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights

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Cocoa Bean Market

Name: Cocoa Bean Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Cocoa bean market, IndexBox, market research, global market, publisher

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 REPORT on the Cocoa Bean Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

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
COUNTRY	USD per ton			CAGR, 2018-2020
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
COUNTRY	USD per ton			CAGR, 2018-2020
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
COUNTRY	billion USD			CAGR, 2018-2020
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
COUNTRY	billion USD			CAGR, 2018-2020
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

Source: IndexBox Market Intelligence Platform

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.

Product coverage:

• FCL 661 - Cocoa beans

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

• Global market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Global production, split by region and country

• Global trade (exports and imports)

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Harvested Area, By Country, 2012-2022
7. Yield, By Country, 2012-2022
8. Imports, In Physical Terms, By Country, 2012–2022
9. Imports, In Value Terms, By Country, 2012–2022
10. Import Prices, By Country Of Destination, 2012–2022
11. Exports, In Physical Terms, By Country, 2012–2022
12. Exports, In Value Terms, By Country, 2012–2022
13. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2022
19. Production, In Value Terms, 2012–2022
20. Area Harvested, 2012–2022
21. Yield, 2012–2022
22. Production, By Country, 2022
23. Production, In Physical Terms, By Country, 2012–2022
24. Harvested Area, By Country, 2022
25. Harvested Area, By Country, 2012-2022
26. Yield, By Country, 2012-2022
27. Imports, In Physical Terms, 2012–2022
28. Imports, In Value Terms, 2012–2022
29. Imports, In Physical Terms, By Country, 2022
30. Imports, In Physical Terms, By Country, 2012–2022
31. Imports, In Value Terms, By Country, 2012–2022
32. Import Prices, By Country, 2012–2022
33. Exports, In Physical Terms, 2012–2022
34. Exports, In Value Terms, 2012–2022
35. Exports, In Physical Terms, By Country, 2022
36. Exports, In Physical Terms, By Country, 2012–2022
37. Exports, In Value Terms, By Country, 2012–2022
38. Export Prices, 2012–2022