China - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Bean Price in China - 2023
Contents:
- Cocoa Bean Price in China (CIF) - 2023
- Cocoa Bean Price in China (FOB) - 2022
- Cocoa Bean Imports in China
- Cocoa Bean Exports in China
Cocoa Bean Price in China (CIF) - 2023
The average cocoa bean import price stood at $2,477 per ton in June 2023, with an increase of 3.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 36% against the previous month. Over the period under review, average import prices attained the peak figure in June 2023.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Togo ($2,627 per ton), while the price for Ecuador totaled $2,427 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ghana (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
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Cocoa Bean Price in China (FOB) - 2022
The average cocoa bean export price stood at $2,868 per ton in 2022, rising by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 27%. As a result, the export price attained the peak level of $3,361 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($14,486 per ton), while the average price for exports to Serbia ($1,206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-2.4%), while the prices for the other major destinations experienced a decline.
Cocoa Bean Imports in China
For the third year in a row, China recorded decline in purchases abroad of cocoa beans, which decreased by -46% to 9.6K tons in 2022. Overall, imports showed a precipitous contraction. The smallest decline of -12.2% was in 2021.
In value terms, cocoa bean imports declined notably to $22M in 2022. Over the period under review, imports faced a precipitous slump. The smallest decline of -19.7% was in 2021.
| Import of Cocoa Bean in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 15.8 | 10.1 | 2.7 | 11.2 | -10.8% |
| Togo | 4.6 | 3.7 | 4.5 | 5.7 | 7.4% |
| Ghana | 12.2 | 8.0 | 9.8 | 2.9 | -38.1% |
| Cote d'Ivoire | 38.6 | N/A | N/A | N/A | 0% |
| Nigeria | 2.2 | 0.6 | 2.2 | N/A | 0.0% |
| Papua New Guinea | N/A | 1.3 | 5.5 | N/A | 323.1% |
| Others | 0.1 | 29.3 | 17.9 | 1.8 | 162.1% |
| Total | 73.4 | 53.0 | 42.5 | 21.6 | -33.5% |
Top Suppliers of Cocoa Bean to China in 2022:
- Ecuador (4.9K tons)
- Togo (2.4K tons)
- Ghana (1.1K tons)
Cocoa Bean Exports in China
In 2022, cocoa bean exports from China contracted to 121 tons, dropping by -9.1% on the previous year. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. As a result, the exports reached the peak of 133 tons, and then dropped in the following year.
In value terms, cocoa bean exports reduced to $347K in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, the exports attained the peak of $369K, and then reduced in the following year.
| Export of Cocoa Bean in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | N/A | N/A | N/A | 113 | 0% |
| Italy | 30.0 | 70.6 | 25.0 | 81.6 | 39.6% |
| Hong Kong SAR | N/A | N/A | N/A | 34.4 | 0% |
| Belgium | N/A | 23.2 | 7.5 | 10.1 | -34.0% |
| Australia | 22.6 | 44.6 | N/A | 4.3 | -42.5% |
| Nigeria | 52.9 | N/A | N/A | N/A | 0% |
| Niger | 63.2 | 1.4 | N/A | N/A | -97.8% |
| Uganda | 62.3 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | 6.3 | 6.2 | N/A | N/A | -1.6% |
| Gambia | 9.0 | 26.0 | N/A | N/A | 188.9% |
| Malaysia | N/A | N/A | 106 | N/A | 0% |
| Angola | N/A | N/A | 47.4 | N/A | 0% |
| Kyrgyzstan | N/A | N/A | 2.0 | N/A | 0% |
| Others | 57.6 | 152 | 181 | 104 | 21.8% |
| Total | 304 | 324 | 369 | 347 | 4.5% |
Top Export Markets for Cocoa Bean from China in 2022:
- Serbia (93.4 tons)
- Hong Kong SAR (11.1 tons)
- Italy (5.6 tons)
- Belgium (2.9 tons)
- Australia (1.9 tons)
This report provides an in-depth analysis of the cocoa bean market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- 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
This Chapter is Available Only for the Professional Edition PRO- 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
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the cocoa bean market in China.
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This report provides an in-depth analysis of the global cocoa bean market.
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This report provides an in-depth analysis of the cocoa bean market in China.
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This report provides an in-depth analysis of the global cocoa bean market.
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Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
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The closure of the HoReCa segment caused the demand for cocoa beans to collapse in 2020, while the production remained stable. This led to a surge in unsold cocoa bean stocks in exporter-countries. EU chocolate producers are now trying to enlist a range of measures to ensure stable demand and secure supply chains on the cocoa bean market.
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In 2016, the amount of cocoa bean imported worldwide stood at X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
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In 2016, the global cocoa bean exports totaled X tons, falling by -X% against the previous year level. The total export volume increased at an average annual rate of +X% over the period from ...
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Global cocoa consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In value terms, cocoa beans exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
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In value terms, cocoa beans imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some notic...
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In 2015, the countries with the highest levels of cocao production were Côte D'Ivoire (X thousand tons), Ghana (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
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Côte d'Ivoire dominates in the global сocoa bean trade. In 2014, Côte d'Ivoire exported X thousand tons of сocoa beans totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
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Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
