Cocoa Powder Market

Cocoa powder market: get newly released data secured by an Ai-driven business intelligence tool. Info contain exports, consumption, market size, companies, production, trade, market prices, and imports. Here is a split by region, including Russia, Africa, the Middle East, Latin America, the U.K., China, the U.S., and EU. Market dynamics and outlook to 2030 are also featured in the snapshots.


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Cocoa Powder - World's Largest Markets

RatingCountry
1United States
2China
3Brazil
4India
5Pakistan

In value terms, the largest cocoa powder markets worldwide were the United States, China and Brazil, with a combined 27% share of the global market. India, Pakistan, the UK, Germany, Nigeria, Indonesia, Mexico, Russia and Bangladesh lagged somewhat behind, together comprising a further 22%.

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

Cocoa Powder Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Indonesia189618661825-1.9%
Ghana1828184021097.4%
Cote d'Ivoire2133207521520.4%
Spain1930187421535.6%
Malaysia2117210123575.5%
Brazil255624932438-2.3%
Singapore285525272505-6.3%
Netherlands2391231425132.5%
Germany2323224625334.4%
Turkey2236224925496.8%
United States323331502964-4.3%
France334830383159-2.9%
Average2335225724081.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($3,159 per tonne), while Indonesia ($1,825 per tonne) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Belgium2678265628523.2%
Canada2685279728332.7%
France2369261527287.3%
United States2499248127224.4%
Germany2450228427225.4%
Italy282124022632-3.4%
China2158222123975.4%
Netherlands2103209622623.7%
Turkey2149202122151.5%
Brazil1951196721565.1%
Philippines2125208321460.5%
Russia1954190221033.7%
India1943186919951.3%
Average2347229624772.7%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Belgium ($2,852 per tonne) and Canada ($2,833 per tonne), while India ($1,995 per tonne) and Russia ($2,103 per tonne) were amongst the lowest.

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

Cocoa Powder - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.30.30.31.2%
Netherlands0.20.20.2-1.0%
Germany0.10.10.1-4.9%
Russia0.10.10.1-0.3%
France0.10.10.1-0.9%

In value terms, the largest cocoa powder importing markets worldwide were the United States ($273M), the Netherlands ($156M) and Germany ($112M), together accounting for 22% of global imports. Russia, France, China, Italy, Turkey, Belgium, Canada, the Philippines, India and Brazil lagged somewhat behind, together comprising a further 33%.

Among the main importing countries, Turkey saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Cocoa Powder - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Netherlands0.70.70.73.1%
Malaysia0.30.30.36.5%
Germany0.30.30.30.2%
Indonesia0.20.20.25.3%
Spain0.20.20.22.6%

In value terms, the Netherlands ($718M) remains the largest cocoa powder supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by Malaysia ($312M), with a 12% share of global exports. It was followed by Germany, with a 11% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the Netherlands totaled +3.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+6.5% per year) and Germany (+0.2% per year).

Cocoa Powder - Market Forecast

Driven by increasing demand for cocoa powder worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, 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 Powder - Product Coverage

  • HS 1805 - Cocoa; powder, not containing added sugar or other sweetening matter
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Event
World - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Central Asia - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Middle East - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Eastern Asia - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Southern Asia - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Latin America and the Caribbean - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Africa - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

South-Eastern Asia - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Northern America - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Australia and Oceania - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
$499

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

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