Vietnam - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Bean Price in Vietnam - 2021
Contents:
- Cocoa Bean Price in Vietnam (FOB) - 2022
- Cocoa Bean Price in Vietnam (CIF) - 2022
- Cocoa Bean Exports in Vietnam
- Cocoa Bean Imports in Vietnam
Cocoa Bean Price in Vietnam (FOB) - 2022
The average cocoa bean export price stood at $3,332 per ton in 2022, declining by -2.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 6.4% against the previous year. As a result, the export price reached the peak level of $3,524 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($4,208 per ton) and the Netherlands ($3,910 per ton), while the average price for exports to Indonesia ($3,028 per ton) and Malaysia ($3,233 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Bean Price in Vietnam (CIF) - 2022
In 2022, the average cocoa bean import price amounted to $2,799 per ton, flattening at the previous year. Overall, the import price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 72% against the previous year. Over the period under review, average import prices reached the peak figure at $2,835 per ton in 2021, and then reduced slightly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +5.5% per year.
Cocoa Bean Exports in Vietnam
In 2022, cocoa bean exports from Vietnam totaled 1.2K tons, remaining relatively unchanged against the previous year. Overall, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year.
In value terms, cocoa bean exports dropped slightly to $4M in 2022. In general, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4.2%.
| Export of Cocoa Bean in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4,592 | 3,376 | 3,101 | 3,124 | -12.0% |
| Japan | 93.0 | 180 | 325 | 226 | 34.4% |
| France | 112 | 78.8 | 204 | 175 | 16.0% |
| Indonesia | 96.2 | 101 | 180 | 156 | 17.5% |
| Netherlands | 45.5 | 31.3 | 57.2 | 111 | 34.6% |
| Others | 216 | 130 | 192 | 186 | -4.9% |
| Total | 5,155 | 3,897 | 4,059 | 3,978 | -8.3% |
Top Export Markets for Cocoa Bean from Vietnam in 2022:
- Malaysia (966.0 tons)
- Japan (64.2 tons)
- Indonesia (51.5 tons)
- France (41.5 tons)
- Netherlands (28.5 tons)
Cocoa Bean Imports in Vietnam
In 2022, approx. 82 tons of cocoa beans were imported into Vietnam; with an increase of 56% against the year before. Overall, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 128% against the previous year. As a result, imports attained the peak of 111 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cocoa bean imports soared to $230K in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 160%. As a result, imports attained the peak of $310K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cocoa Bean in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 101 | 235 | 145 | 220 | 29.6% |
| Tanzania | N/A | 10.5 | N/A | N/A | 0% |
| Others | 18.7 | 64.6 | 3.8 | 9.8 | -19.4% |
| Total | 119 | 310 | 149 | 230 | 24.6% |
Top Suppliers of Cocoa Bean to Vietnam in 2022:
- Nigeria (80.9 tons)
This report provides an in-depth analysis of the cocoa bean market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
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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 Vietnam.
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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 Vietnam.
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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.
