Brazil - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCocoa Butter Price in Brazil - 2023
Contents:
- Cocoa Butter Price in Brazil (FOB) - 2023
- Cocoa Butter Price in Brazil (CIF) - 2022
- Cocoa Butter Exports in Brazil
- Cocoa Butter Imports in Brazil
Cocoa Butter Price in Brazil (FOB) - 2023
In October 2023, the average cocoa butter export price amounted to $6,130 per ton, growing by 6.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in April 2023 when the average export price increased by 8.6% m-o-m. The export price peaked at $6,178 per ton in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In October 2023, the country with the highest price was Chile ($6,408 per ton), while the average price for exports to Argentina ($5,808 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Butter Price in Brazil (CIF) - 2022
The average cocoa butter import price stood at $4,855 per ton in 2022, declining by -9.6% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa butter import price decreased by -29.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the peak figure at $6,846 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ecuador ($15,715 per ton), while the price for Peru ($4,147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Butter Exports in Brazil
In 2022, shipments abroad of cocoa butter decreased by -27.7% to 18K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 15%.
In value terms, cocoa butter exports fell remarkably to $102M in 2022. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 11%.
| Export of Cocoa Butter in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 40.5 | 42.3 | 45.2 | 51.9 | 8.6% |
| United States | 58.9 | 50.9 | 50.5 | 30.0 | -20.1% |
| Chile | 14.5 | 21.0 | 26.2 | 13.6 | -2.1% |
| Canada | 1.5 | 7.4 | 4.8 | 3.4 | 31.4% |
| France | 2.2 | 2.7 | 3.6 | 1.4 | -14.0% |
| Netherlands | 1.5 | 5.5 | 1.6 | N/A | 3.3% |
| Others | 1.0 | 3.3 | 1.8 | 2.2 | 30.1% |
| Total | 120 | 133 | 134 | 102 | -5.3% |
Top Export Markets for Cocoa Butter from Brazil in 2022:
- Argentina (9.9K tons)
- United States (4.2K tons)
- Chile (2.7K tons)
- Canada (0.6K tons)
- France (0.3K tons)
Cocoa Butter Imports in Brazil
In 2022, approx. 452 tons of cocoa butter were imported into Brazil; increasing by 21% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 203%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, cocoa butter imports rose significantly to $2.2M in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 160%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Cocoa Butter in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | 3.6 | 7.1 | 836 | 1423.9% |
| Cote d'Ivoire | 419 | 659 | 1,573 | 776 | 22.8% |
| Indonesia | N/A | N/A | N/A | 436 | 0% |
| United Kingdom | N/A | N/A | 87.7 | 105 | 19.7% |
| Malaysia | N/A | N/A | 279 | N/A | 0% |
| Others | 116 | 110 | 66.1 | 40.0 | -29.9% |
| Total | 534 | 773 | 2,013 | 2,194 | 60.2% |
Top Suppliers of Cocoa Butter to Brazil in 2022:
- Peru (201.7 tons)
- Cote d'Ivoire (177.9 tons)
- Indonesia (60.0 tons)
- United Kingdom (9.2 tons)
This report provides an in-depth analysis of the cocoa butter market in Brazil. 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 664 - Cocoa Butter
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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
- 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 VOLUME AND VALUE
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
- 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
- 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 butter market in Brazil.
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This report provides an in-depth analysis of the global cocoa butter market.
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This report provides an in-depth analysis of the cocoa butter market in Brazil.
3906
This report provides an in-depth analysis of the global cocoa butter market.
256
The growth rate accelerated significantly in March 2023 with a 79% month-on-month increase in exports. In terms of value, exports of Cocoa Butter surged to $9M in October 2023.
1205
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
2245
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1508
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
1865
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
256
The growth rate accelerated significantly in March 2023 with a 79% month-on-month increase in exports. In terms of value, exports of Cocoa Butter surged to $9M in October 2023.
1205
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
2245
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1508
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
1865
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
