U.S. - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCocoa Butter Price in the United States - 2023
Contents:
- Cocoa Butter Price in the United States (CIF) - 2023
- Cocoa Butter Price in the United States (FOB) - 2023
- Cocoa Butter Imports in the United States
- Cocoa Butter Exports in the United States
Cocoa Butter Price in the United States (CIF) - 2023
The average cocoa butter import price stood at $5,822 per ton in October 2023, picking up by 4% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in September 2023 an increase of 8.9% m-o-m. The import price peaked in October 2023.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from the Netherlands ($7,128 per ton) and Canada ($6,942 per ton), while the price for India ($4,904 per ton) and Indonesia ($5,446 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Peru (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Butter Price in the United States (FOB) - 2023
In October 2023, the average cocoa butter export price amounted to $6,455 per ton, stabilizing at the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in September 2023 when the average export price increased by 9.9% against the previous month. As a result, the export price reached the peak level of $6,512 per ton, leveling off in the following month.
Average prices varied noticeably for the major external markets. In October 2023, the country with the highest price was Mexico ($7,362 per ton), while the average price for exports to Canada ($6,366 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 Mexico (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Butter Imports in the United States
In 2022, approx. 127K tons of cocoa butter were imported into the United States; jumping by 21% on the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cocoa butter imports rose remarkably to $583M in 2022. In general, imports, however, saw a pronounced contraction.
| Import of Cocoa Butter in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 294 | 242 | 219 | 172 | -16.4% |
| Malaysia | 162 | 165 | 123 | 160 | -0.4% |
| Peru | 29.7 | 27.2 | 30.2 | 39.5 | 10.0% |
| Ghana | 4.7 | 0.3 | 14.1 | 36.0 | 97.1% |
| India | 51.2 | 23.7 | 29.0 | 30.3 | -16.0% |
| Netherlands | 13.0 | 9.3 | 19.4 | 23.2 | 21.3% |
| Mexico | 4.3 | 4.4 | 7.9 | 23.0 | 74.9% |
| Brazil | 56.1 | 47.3 | 42.9 | 22.7 | -26.0% |
| Canada | 2.6 | 20.5 | 19.1 | 22.0 | 103.8% |
| Cote d'Ivoire | 14.9 | 6.6 | 5.6 | 17.2 | 4.9% |
| Ecuador | 3.9 | 5.4 | 2.7 | 10.4 | 38.7% |
| Colombia | 2.3 | 3.4 | 5.6 | 9.7 | 61.6% |
| Others | 35.3 | 7.4 | 12.3 | 16.2 | -22.9% |
| Total | 674 | 562 | 531 | 583 | -4.7% |
Top Suppliers of Cocoa Butter to the United States in 2022:
- Indonesia (36.8K tons)
- Malaysia (35.6K tons)
- Ghana (8.7K tons)
- Peru (8.6K tons)
- India (7.4K tons)
- Mexico (5.4K tons)
- Canada (4.6K tons)
- Brazil (4.6K tons)
- Cote d'Ivoire (3.8K tons)
- Netherlands (3.5K tons)
- Ecuador (2.4K tons)
- Colombia (2.2K tons)
Cocoa Butter Exports in the United States
In 2022, overseas shipments of cocoa butter increased by 2.2% to 18K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt decrease.
In value terms, cocoa butter exports amounted to $103M in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 6.9% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Cocoa Butter in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 98.5 | 93.3 | 100 | 97.0 | -0.5% |
| Malaysia | N/A | 0.1 | 0.2 | 2.4 | 389.9% |
| Mexico | 1.0 | 0.9 | 1.1 | 2.2 | 30.1% |
| Others | 1.9 | 1.7 | 0.9 | 1.7 | -3.6% |
| Total | 101 | 96.0 | 103 | 103 | 0.7% |
Top Export Markets for Cocoa Butter from the United States in 2022:
- Canada (17.0K tons)
- Malaysia (0.4K tons)
- Mexico (0.4K tons)
This report provides an in-depth analysis of the cocoa butter market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 the U.S..
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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 the U.S..
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This report provides an in-depth analysis of the global cocoa butter market.
1127
In July 2022, the cocoa butter price per ton stood at $4,511, dropping by -5.2% against the previous month.
1672
In May 2022, the cocoa butter price per ton amounted to $4,826 (CIF, US), remaining constant against the previous month.
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...
2244
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
1127
In July 2022, the cocoa butter price per ton stood at $4,511, dropping by -5.2% against the previous month.
1672
In May 2022, the cocoa butter price per ton amounted to $4,826 (CIF, US), remaining constant against the previous month.
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...
2244
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...
