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

RatingCountry
1United States
2China
3India
4Japan
5Russia

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

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Indonesia216221262041-2.8%
Cameroon2295215724693.7%
Ghana297630912878-1.7%
Cote d'Ivoire24742738306211.3%
Malaysia3053308434416.2%
Netherlands3382335335442.4%
Ecuador3426352335551.9%
Germany3188331435685.8%
United States3432346036112.6%
France3486357039246.1%
Belgium4039395442762.9%
Switzerland4125403145084.5%
Average2955303632424.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Switzerland ($4,508 per ton), while Indonesia ($2,041 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Italy3634360139834.7%
Canada32203582391010.2%
Belgium3566347337732.9%
China395238513754-2.5%
France3420339935842.4%
Poland3310327235383.4%
Russia3368348835142.1%
Turkey3198337934564.0%
Germany3059308033194.2%
United States2796279632437.7%
Netherlands2903297532375.6%
Malaysia1922219119921.8%
Spain1506140416875.8%
Average3011300732614.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Italy ($3,983 per ton), while Spain ($1,687 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Cocoa Paste - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Netherlands0.40.40.59.9%
United States0.20.30.435.9%
Germany0.20.30.316.3%
France0.40.30.3-6.3%
Belgium0.30.30.34.7%

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

COUNTRY201820192020CAGR,
2018-2020
billion USD
Cote d'Ivoire0.70.91.121.2%
Netherlands0.50.50.713.1%
Ghana0.50.60.4-8.7%
Germany0.30.30.3-5.5%
France0.10.20.217.2%

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
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World - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global cocoa paste market.

Africa - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in Africa.

Eastern Asia - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in Eastern Asia.

Central Asia - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in Central Asia.

South-Eastern Asia - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in South-Eastern Asia.

Australia and Oceania - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in Australia and Oceania.

Northern America - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in Northern America.

Latin America and the Caribbean - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in Latin America and the Caribbean.

Middle East - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in the Middle East.

Southern Asia - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the cocoa paste market in Southern Asia.

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