Cocoa Butter Market
Cocoa butter market: read the most recent facts and figures featured by an Ai-driven market intelligence platform. Info provide production, exports, market prices, market size, trade, companies, consumption, and imports. There is a breakdown by country, including Africa, EU, China, the Middle East, Latin America, the U.S., the U.K., and Russia. Market dynamics and forecast to 2030 are also provided in the snapshots.
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Cocoa Butter - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | Germany |
| 4 | Russia |
| 5 | Bangladesh |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Germany.
In China, the cocoa butter market remained relatively stable over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+7.0% per year) and Germany (+23.3% per year).
Cocoa Butter Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per tonne | ||||
| Cote d'Ivoire | 4546 | 4473 | 5330 | 8.3% |
| Malaysia | 5568 | 5969 | 5467 | -0.9% |
| Indonesia | 5316 | 5419 | 5477 | 1.5% |
| Ghana | 5650 | 4911 | 5778 | 1.1% |
| Netherlands | 5903 | 5811 | 6081 | 1.5% |
| Germany | 5989 | 5778 | 6092 | 0.9% |
| France | 6014 | 5885 | 6213 | 1.6% |
| Average | 5574 | 5521 | 5748 | 1.5% |
Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in France ($6,213 per tonne) and Germany ($6,092 per tonne), while Cote d'Ivoire ($5,330 per tonne) and Malaysia ($5,467 per tonne) 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 tonne | ||||
| Italy | 5866 | 5892 | 6438 | 4.8% |
| Poland | 5871 | 5741 | 6089 | 1.8% |
| Switzerland | 5840 | 5747 | 6072 | 2.0% |
| Belgium | 5942 | 5698 | 5980 | 0.3% |
| Russia | 5995 | 5856 | 5915 | -0.7% |
| United States | 5679 | 5879 | 5842 | 1.4% |
| Germany | 5798 | 5613 | 5816 | 0.2% |
| Japan | 5330 | 5583 | 5725 | 3.6% |
| United Kingdom | 5212 | 5408 | 5712 | 4.7% |
| France | 4877 | 5218 | 5618 | 7.3% |
| Netherlands | 5685 | 5503 | 5595 | -0.8% |
| Canada | 4486 | 4628 | 5171 | 7.4% |
| Average | 5633 | 5610 | 5809 | 1.5% |
Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Italy ($6,438 per tonne) and Poland ($6,089 per tonne), while Canada ($5,171 per tonne) and the Netherlands ($5,595 per tonne) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
Cocoa Butter - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 0.9 | 0.9 | 0.9 | 1.2% |
| Belgium | 0.6 | 0.6 | 0.7 | 8.7% |
| United States | 0.6 | 0.7 | 0.6 | -3.8% |
| Netherlands | 0.5 | 0.5 | 0.5 | -2.9% |
| France | 0.2 | 0.4 | 0.4 | 35.1% |
In value terms, Germany ($885M), Belgium ($679M) and the United States ($574M) appeared to be the countries with the highest levels of imports in 2020, together comprising 38% of global imports. These countries were followed by the Netherlands, France, the UK, Poland, Italy, Russia, Canada, Switzerland and Japan, which together accounted for a further 43%.
France saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Cocoa Butter - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Netherlands | 1.5 | 1.6 | 1.6 | 0.7% |
| Indonesia | 0.8 | 0.8 | 0.8 | -2.0% |
| Malaysia | 0.4 | 0.6 | 0.6 | 19.7% |
| Germany | 0.5 | 0.5 | 0.5 | -3.4% |
| France | 0.5 | 0.4 | 0.5 | -0.4% |
In value terms, the largest cocoa butter supplying countries worldwide were the Netherlands ($1.6B), Indonesia ($791M) and Malaysia ($599M), together accounting for 52% of global exports.
Among the main exporting countries, Malaysia saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Cocoa Butter - Market Forecast
The cocoa butter market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.4% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Cocoa Butter - Product Coverage
- HS 1804 - Cocoa; butter, fat and oil
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World - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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Africa - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the cocoa butter market in Africa.
Northern America - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the cocoa butter market in Northern America.
Central Asia - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the cocoa butter market in Central Asia.
South-Eastern Asia - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the cocoa butter market in South-Eastern Asia.
Middle East - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the cocoa butter market in the Middle East.
Southern Asia - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the cocoa butter market in Southern Asia.
Latin America and the Caribbean - Cocoa Butter - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the cocoa butter market in Latin America and the Caribbean.
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