Chile - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Chile - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights

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Cocoa Powder Price in Chile - 2023

Contents:

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

Cocoa Powder Price in Chile (CIF) - 2022

In 2022, the average cocoa powder import price amounted to $3,157 per ton, rising by 12% against the previous year. Overall, the import price, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 an increase of 18% against the previous year. The import price peaked at $4,606 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,895 per ton), while the price for China ($1,526 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-3.2%), while the prices for the other major suppliers experienced a decline.

Cocoa Powder Price in Chile (FOB) - 2022

In 2022, the average cocoa powder export price amounted to $2,419 per ton, with a decrease of -30% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2020 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices reached the maximum at $9,821 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -3.9% per year.

Cocoa Powder Imports in Chile

In 2022, the amount of cocoa powder (not sweetened) imported into Chile reduced rapidly to 9.4K tons, with a decrease of -19.4% against 2021 figures. Overall, imports recorded a mild descent. The growth pace was the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of 12K tons, and then declined sharply in the following year.

In value terms, cocoa powder imports reduced to $30M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $33M, and then declined in the following year.

Import of Cocoa Powder in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6.27.310.38.511.1%
Spain7.38.510.98.55.2%
Peru1.82.24.26.049.4%
Netherlands1.91.82.82.59.6%
Ecuador1.31.11.11.42.5%
China1.01.01.51.39.1%
Malaysia0.90.70.80.5-17.8%
Others0.60.31.01.018.6%
Total20.922.932.729.612.3%

Top Suppliers of Cocoa Powder to Chile in 2022:

  1. Spain (2.6K tons)
  2. Brazil (2.5K tons)
  3. Peru (1.9K tons)
  4. China (0.9K tons)
  5. Netherlands (0.6K tons)
  6. Ecuador (0.4K tons)
  7. Malaysia (0.2K tons)

Cocoa Powder Exports in Chile

In 2022, shipments abroad of cocoa powder (not sweetened) was finally on the rise to reach 75 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt curtailment.

In value terms, cocoa powder exports skyrocketed to $182K in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cocoa Powder in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A1810%
Ecuador96.0N/AN/AN/A0%
Peru5.644.1N/AN/A687.5%
Brazil75.9N/AN/AN/A0%
Others0.10.20.60.458.7%
Total17844.30.61820.7%

Top Export Markets for Cocoa Powder from Chile in 2022:

  1. Spain (74.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cocoa powder market in Chile. 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 665 - Cocoa Powder and Cake

Country coverage:

  • Chile

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Chile
  • 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 Powder in the World?
May 28, 2018
Eye 909

In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>

Which Country Exports the Most Cocoa Powder in the World?
May 28, 2018
Eye 1475

In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>

Cocoa Powder Market - Global Exports of Cocoa Powder Stabilized After Three Years of Steady Decline
Dec 22, 2016
Eye 1996

From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.

Is the World Losing Its Sweet Tooth?
Aug 10, 2015
Eye 1373

The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.

Which Country Imports the Most Cocoa Powder in the World?
May 28, 2018
Eye 909

In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>

Which Country Exports the Most Cocoa Powder in the World?
May 28, 2018
Eye 1475

In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>

Cocoa Powder Market - Global Exports of Cocoa Powder Stabilized After Three Years of Steady Decline
Dec 22, 2016
Eye 1996

From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.

Is the World Losing Its Sweet Tooth?
Aug 10, 2015
Eye 1373

The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.

Free Data: Cocoa Powder (Not Sweetened) - Chile