China - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights

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Cocoa Butter Price in China - 2023

Contents:

  1. Cocoa Butter Price in China (CIF) - 2023
  2. Cocoa Butter Price in China (FOB) - 2023
  3. Cocoa Butter Imports in China
  4. Cocoa Butter Exports in China

Cocoa Butter Price in China (CIF) - 2023

In September 2023, the average cocoa butter import price amounted to $5,363 per ton, growing by 5.2% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in August 2023 when the average import price increased by 6.2% month-to-month. Over the period under review, average import prices hit record highs in September 2023.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Indonesia ($5,333 per ton), while the price for Singapore ($4,688 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 (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Cocoa Butter Price in China (FOB) - 2023

In September 2023, the average cocoa butter export price amounted to $4,657 per ton, declining by -3.8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in July 2023 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the maximum at $4,841 per ton in August 2023, and then reduced modestly in the following month.

Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to the Philippines ($6,000 per ton) and Estonia ($5,188 per ton), while the average price for exports to the Netherlands ($4,290 per ton) and Spain ($4,400 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Butter Imports in China

Cocoa butter imports into China expanded modestly to 18K tons in 2022, with an increase of 4.3% on the year before. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, cocoa butter imports shrank to $78M in 2022. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year.

Import of Cocoa Butter in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia42.035.540.038.8-2.6%
Malaysia24.424.429.824.0-0.5%
Singapore18.014.713.013.5-9.1%
Others2.31.43.32.2-1.5%
Total86.776.086.178.5-3.3%

Top Suppliers of Cocoa Butter to China in 2022:

  1. Indonesia (9.1K tons)
  2. Malaysia (5.4K tons)
  3. Singapore (3.0K tons)

Cocoa Butter Exports in China

In 2022, exports of cocoa butter from China fell remarkably to 2.6K tons, which is down by -35.7% compared with 2021 figures. In general, exports continue to indicate a precipitous shrinkage. The smallest decline of -30.1% was in 2021.

In value terms, cocoa butter exports contracted markedly to $9.7M in 2022. Over the period under review, exports saw a significant curtailment.

Export of Cocoa Butter in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia11.55.41.93.3-34.0%
Netherlands10.212.7N/A2.1-41.0%
United KingdomN/AN/A2.11.6-23.8%
RussiaN/AN/AN/A1.50%
Germany2.711.111.30.8-33.3%
United States24.4N/AN/A0.1-84.0%
Others0.50.10.50.2-26.3%
Total49.429.316.09.7-41.9%

Top Export Markets for Cocoa Butter from China in 2022:

  1. Estonia (860.0 tons)
  2. Netherlands (600.0 tons)
  3. United Kingdom (460.0 tons)
  4. Russia (377.3 tons)
  5. Germany (200.0 tons)
  6. United States (17.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cocoa butter 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 664 - Cocoa Butter

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Guide on Successful Market Entry Strategy for Cocoa Butter in China
Sep 13, 2023
Eye 267

Learn how to successfully enter the cocoa butter market in China with this comprehensive guide. Explore official data sources, assistance from authorities, trade shows, and exhibitions. Discover import values and countries, and formulate an effective market entry strategy.

China's Prices for Cocoa Butter Drop Slightly to $4,580/ton
Aug 31, 2023
Eye 385

In June 2023, the price of cocoa butter was $4,580 per ton (CIF, China), maintaining stability from the previous month.

Which Country Imports the Most Cocoa Butter in the World?
May 28, 2018
Eye 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...

Which Country Exports the Most Cocoa Butter in the World?
May 28, 2018
Eye 2240

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...

Cocoa Butter Market - the Netherlands Continues to Dominate Global Cocoa Butter Exports
Nov 25, 2016
Eye 1499

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

Malaysia Shows Rapid Growth in the Global Cocoa Butter Trade
Aug 6, 2015
Eye 1860

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

Guide on Successful Market Entry Strategy for Cocoa Butter in China
Sep 13, 2023
Eye 267

Learn how to successfully enter the cocoa butter market in China with this comprehensive guide. Explore official data sources, assistance from authorities, trade shows, and exhibitions. Discover import values and countries, and formulate an effective market entry strategy.

China's Prices for Cocoa Butter Drop Slightly to $4,580/ton
Aug 31, 2023
Eye 385

In June 2023, the price of cocoa butter was $4,580 per ton (CIF, China), maintaining stability from the previous month.

Which Country Imports the Most Cocoa Butter in the World?
May 28, 2018
Eye 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...

Which Country Exports the Most Cocoa Butter in the World?
May 28, 2018
Eye 2240

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...

Free Data: Cocoa Butter - China