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

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

Cocoa Bean - Top Importers

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

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