Cocoa Paste Market

Cocoa paste market: get the latest data featured by an Ai-driven market research platform. Statistics contain market size, market prices, exports, companies, imports, production, consumption, and trade. There is a breakdown by country, including the Middle East, the U.S., the U.K., EU, Latin America, Africa, Russia, and China. Market trends and forecast to 2030 are also featured in the reports.

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Cocoa Paste - World's Largest Markets

In value terms, the largest cocoa paste markets worldwide were the United States, China and India, together comprising 26% of the global market. Japan, Russia, Brazil, Mexico, Pakistan, Bangladesh, Indonesia, the UK, Germany and Nigeria lagged somewhat behind, together comprising a further 27%.

Among the main consuming countries, Bangladesh recorded the highest rates of growth with regard to market size, over the period under review, while cocoa paste market for the other global leaders experienced more modest paces of growth.

Cocoa Paste Prices

Cocoa Paste - Top Importers

In value terms, the largest cocoa paste importing markets worldwide were the Netherlands ($464M), the United States ($427M) and Germany ($335M), with a combined 34% share of global imports.

The United States saw the highest rates of growth with regard to 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 Paste - Top Exporters

In value terms, the largest cocoa paste supplying countries worldwide were Cote d'Ivoire ($1.1B), the Netherlands ($686M) and Ghana ($429M), with a combined 60% share of global exports. Germany, France, Indonesia, Malaysia, Switzerland, Belgium, Ecuador, Cameroon and the United States lagged somewhat behind, together comprising a further 29%.

Ecuador saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Cocoa Paste - Market Forecast

Driven by increasing demand for cocoa paste worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Cocoa Paste - Product Coverage

• HS 180310 - Cocoa; paste, not defatted
• HS 180320 - Cocoa; paste, wholly or partly defatted

Source: IndexBox Market Intelligence Platform