China - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCocoa Powder Price in China - 2023
Contents:
- Cocoa Powder Price in China (CIF) - 2023
- Cocoa Powder Price in China (FOB) - 2023
- Cocoa Powder Imports in China
- Cocoa Powder Exports in China
Cocoa Powder Price in China (CIF) - 2023
The average cocoa powder import price stood at $3,210 per ton in June 2023, growing by 4.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 9.8% against the previous month. As a result, import price reached the peak level of $3,292 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($3,762 per ton), while the price for Ghana ($1,216 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Join Us at HANNOVER MESSE 2024
Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany
Cocoa Powder Price in China (FOB) - 2023
The average cocoa powder export price stood at $1,409 per ton in June 2023, therefore, remained relatively stable against the previous month. In general, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 40% m-o-m. The export price peaked at $2,156 per ton in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Thailand ($3,051 per ton), while the average price for exports to Kazakhstan ($744 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cocoa Powder Imports in China
For the fourth year in a row, China recorded growth in supplies from abroad of cocoa powder (not sweetened), which increased by 0.9% to 53K tons in 2022. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cocoa powder imports surged to $166M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Cocoa Powder in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 34.8 | 42.5 | 58.5 | 73.1 | 28.1% |
| Indonesia | 18.5 | 18.9 | 35.1 | 41.1 | 30.5% |
| Singapore | 20.0 | 20.4 | 23.9 | 25.0 | 7.7% |
| Netherlands | 7.6 | 7.2 | 9.2 | 9.5 | 7.7% |
| Ghana | 3.6 | 4.2 | 6.5 | 6.8 | 23.6% |
| Cambodia | 1.0 | 0.6 | 0.3 | 0.4 | -26.3% |
| Others | 7.5 | 7.6 | 9.7 | 10.1 | 10.4% |
| Total | 93.0 | 101 | 143 | 166 | 21.3% |
Top Suppliers of Cocoa Powder to China in 2022:
- Malaysia (22.2K tons)
- Indonesia (14.7K tons)
- Singapore (7.2K tons)
- Ghana (3.9K tons)
- Netherlands (2.8K tons)
- Cambodia (0.8K tons)
Cocoa Powder Exports in China
In 2022, overseas shipments of cocoa powder (not sweetened) decreased by -10.6% to 10K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cocoa powder exports contracted modestly to $16M in 2022. The total export value increased at an average annual rate of +10.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 44%. As a result, the exports attained the peak of $17M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cocoa Powder in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 553 | 833 | 1,149 | 1,763 | 47.2% |
| Turkey | 852 | 2,352 | 2,163 | 1,359 | 16.8% |
| Russia | 536 | 945 | 966 | 1,310 | 34.7% |
| Chile | 1,080 | 1,077 | 1,312 | 1,090 | 0.3% |
| Philippines | 583 | 550 | 400 | 822 | 12.1% |
| Pakistan | 421 | 745 | 877 | 809 | 24.3% |
| India | 919 | 594 | 783 | 753 | -6.4% |
| Iraq | 134 | 307 | 384 | 690 | 72.7% |
| Peru | 126 | 680 | 471 | 684 | 75.7% |
| Morocco | 175 | 220 | 347 | 634 | 53.6% |
| Uzbekistan | 354 | 625 | 579 | 537 | 14.9% |
| Croatia | 339 | 315 | 450 | 389 | 4.7% |
| Colombia | 295 | 402 | 172 | 347 | 5.6% |
| Others | 5,639 | 7,639 | 6,477 | 5,012 | -3.9% |
| Total | 12,005 | 17,284 | 16,530 | 16,199 | 10.5% |
Top Export Markets for Cocoa Powder from China in 2022:
- Turkey (927.5 tons)
- Chile (840.5 tons)
- Pakistan (653.8 tons)
- Thailand (634.2 tons)
- Russia (606.0 tons)
- Iraq (582.8 tons)
- Uzbekistan (508.9 tons)
- India (505.9 tons)
- Morocco (459.5 tons)
- Philippines (374.0 tons)
- Peru (354.0 tons)
- Croatia (348.0 tons)
- Colombia (255.7 tons)
This report provides an in-depth analysis of the cocoa powder market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
744
This report provides an in-depth analysis of the cocoa powder market in China.
1994
This report provides an in-depth analysis of the global cocoa powder market.
744
This report provides an in-depth analysis of the cocoa powder market in China.
1994
This report provides an in-depth analysis of the global cocoa powder market.
333
In June 2023, the price of Cocoa Powder was $3,210 per ton (CIF, China), marking a 4.8% increase compared to the previous month.
905
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>
1469
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>
1988
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.
1364
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.
333
In June 2023, the price of Cocoa Powder was $3,210 per ton (CIF, China), marking a 4.8% increase compared to the previous month.
905
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>
1469
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>
1988
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.
1364
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.
