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

Singapore - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cocoa Paste Price in Singapore - 2022

Contents:

  1. Cocoa Paste Price in Singapore (CIF) - 2022
  2. Cocoa Paste Price in Singapore (FOB) - 2022
  3. Cocoa Paste Imports in Singapore
  4. Cocoa Paste Exports in Singapore

Cocoa Paste Price in Singapore (CIF) - 2022

In September 2022, the average cocoa paste import price amounted to $4,574 per ton, with a decrease of -4.9% against the previous month. Over the period from September 2021 to September 2022, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in January 2022 when the average import price increased by 28% m-o-m. The import price peaked at $4,916 per ton in July 2022; however, from August 2022 to September 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Malaysia ($5,815 per ton), while the price for Indonesia ($3,521 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Cocoa Paste Price in Singapore (FOB) - 2022

In September 2022, the average cocoa paste export price amounted to $4,357 per ton, dropping by -13.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 an increase of 23% month-to-month. The export price peaked at $5,064 per ton in May 2022; however, from June 2022 to September 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Sri Lanka ($6,459 per ton), while the average price for exports to Indonesia ($3,719 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Paste Imports in Singapore

In 2022, the amount of cocoa paste imported into Singapore shrank to 18K tons, waning by -9.4% against the previous year's figure. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12%.

In value terms, cocoa paste imports fell modestly to $70M in 2022. Over the period under review, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

Import of Cocoa Paste in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia38.632.234.433.3-4.8%
Netherlands18.311.814.614.1-8.3%
Ghana7.66.713.913.420.8%
Cote d'Ivoire6.47.02.95.1-7.3%
Indonesia3.51.93.23.1-4.0%
Others1.71.21.00.9-19.1%
Total76.060.870.169.9-2.8%

Top Suppliers of Cocoa Paste to Singapore in 2022:

  1. Malaysia (7.1K tons)
  2. Netherlands (4.7K tons)
  3. Ghana (3.4K tons)
  4. Cote d'Ivoire (1.4K tons)
  5. Indonesia (1.2K tons)

Cocoa Paste Exports in Singapore

In 2022, approx. 14K tons of cocoa paste were exported from Singapore; with an increase of 96% on the year before. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cocoa paste exports soared to $58M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cocoa Paste in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia5.67.311.223.060.1%
Indonesia2.02.93.46.951.1%
China1.31.93.26.671.9%
India1.00.61.83.754.7%
Philippines2.31.51.23.312.8%
Sri Lanka0.20.41.22.4128.9%
Japan0.30.41.12.397.2%
Thailand0.40.51.12.276.5%
Australia1.01.11.02.026.0%
South Korea0.50.60.61.337.5%
Netherlands0.70.50.51.116.3%
Others1.11.21.53.141.3%
Total16.418.727.757.952.3%

Top Export Markets for Cocoa Paste from Singapore in 2022:

  1. Malaysia (5.3K tons)
  2. Indonesia (2.3K tons)
  3. China (1.5K tons)
  4. Philippines (0.8K tons)
  5. India (0.8K tons)
  6. Japan (0.6K tons)
  7. Australia (0.5K tons)
  8. Sri Lanka (0.5K tons)
  9. Thailand (0.5K tons)
  10. Netherlands (0.3K tons)
  11. South Korea (0.3K tons)

Source: IndexBox Market Intelligence Platform

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

  • Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • 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
Which Country Imports the Most Cocoa in the World?
Jul 26, 2018
Eye 1108

In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...

Which Country Imports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 741

In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...

Which Country Exports the Most Cocoa in the World?
Jul 26, 2018
Eye 1817

In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...

Which Country Exports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 1017

In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...

Which Country Imports the Most Cocoa in the World?
Jul 26, 2018
Eye 1108

In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...

Which Country Imports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 741

In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...

Which Country Exports the Most Cocoa in the World?
Jul 26, 2018
Eye 1817

In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...

Which Country Exports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 1017

In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...

Free Data: Cocoa Paste - Singapore