Canada - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCocoa Butter Price in Canada - 2023
Contents:
- Cocoa Butter Price in Canada (CIF) - 2023
- Cocoa Butter Price in Canada (FOB) - 2023
- Cocoa Butter Imports in Canada
- Cocoa Butter Exports in Canada
Cocoa Butter Price in Canada (CIF) - 2023
In September 2023, the average cocoa butter import price amounted to $5,716 per ton, rising by 6.8% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 7.5% against the previous month. Over the period under review, average import prices attained the peak figure in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Brazil ($33,972 per ton), while the price for Indonesia ($5,122 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Butter Price in Canada (FOB) - 2023
In September 2023, the average cocoa butter export price amounted to $6,478 per ton, growing by 14% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In September 2023, the country with the highest price was the United States ($7,608 per ton), while the average price for exports to Mexico ($5,982 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Cocoa Butter Imports in Canada
In 2022, approx. 34K tons of cocoa butter were imported into Canada; picking up by 13% compared with the year before. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cocoa butter imports expanded slightly to $175M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 3.6% against the previous year. As a result, imports attained the peak of $176M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cocoa Butter in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 55.6 | 70.2 | 77.0 | 73.7 | 9.8% |
| Malaysia | 30.4 | 45.7 | 46.9 | 51.3 | 19.1% |
| Indonesia | 45.0 | 39.7 | 26.3 | 31.2 | -11.5% |
| Netherlands | 1.8 | 1.7 | 6.0 | 7.0 | 57.3% |
| Cote d'Ivoire | 20.1 | 5.2 | 4.1 | 4.5 | -39.3% |
| Brazil | 5.1 | 9.5 | 5.1 | 4.4 | -4.8% |
| Others | 11.9 | 3.8 | 3.4 | 2.4 | -41.4% |
| Total | 170 | 176 | 169 | 175 | 1.0% |
Top Suppliers of Cocoa Butter to Canada in 2022:
- United States (13.1K tons)
- Malaysia (11.5K tons)
- Indonesia (6.6K tons)
- Netherlands (1.2K tons)
- Cote d'Ivoire (0.9K tons)
- Brazil (0.8K tons)
Cocoa Butter Exports in Canada
After three years of growth, shipments abroad of cocoa butter decreased by -1.2% to 14K tons in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 443%.
In value terms, cocoa butter exports fell to $78M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 488%.
| Export of Cocoa Butter in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.1 | 32.2 | 35.6 | 42.4 | 67.0% |
| Italy | 1.2 | 30.0 | 49.9 | 35.7 | 209.9% |
| Others | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Total | 10.6 | 62.4 | 85.5 | 78.1 | 94.6% |
Top Export Markets for Cocoa Butter from Canada in 2022:
- United States (7.9K tons)
- Italy (6.0K tons)
This report provides an in-depth analysis of the cocoa butter market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
725
This report provides an in-depth analysis of the cocoa butter market in Canada.
3878
This report provides an in-depth analysis of the global cocoa butter market.
725
This report provides an in-depth analysis of the cocoa butter market in Canada.
3878
This report provides an in-depth analysis of the global cocoa butter market.
146
The most prominent rate of growth was observed in May 2023 with cocoa butter imports increasing by 42% compared to the previous month. In terms of value, cocoa butter imports reached $12M in October 2023.
368
In August 2022, the cocoa butter price stood at $5,008 per ton (CIF, Canada), declining by -9.1% against the previous month.
1200
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...
2242
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...
1503
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
1864
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
146
The most prominent rate of growth was observed in May 2023 with cocoa butter imports increasing by 42% compared to the previous month. In terms of value, cocoa butter imports reached $12M in October 2023.
368
In August 2022, the cocoa butter price stood at $5,008 per ton (CIF, Canada), declining by -9.1% against the previous month.
1200
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...
2242
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...
