Canada - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cocoa Powder with Sugar in Canada - 2023
Contents:
- Price for Cocoa Powder with Sugar in Canada (CIF) - 2023
- Price for Cocoa Powder with Sugar in Canada (FOB) - 2022
- Imports of Cocoa Powder with Sugar in Canada
- Exports of Cocoa Powder with Sugar in Canada
Price for Cocoa Powder with Sugar in Canada (CIF) - 2023
In June 2023, the average cocoa powder with sugar import price amounted to $5,274 per ton, waning by -2.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 64% m-o-m. As a result, import price reached the peak level of $6,597 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($18,047 per ton), while the price for the United States amounted to $4,789 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+13.8%).
Price for Cocoa Powder with Sugar in Canada (FOB) - 2022
In 2022, the average cocoa powder with sugar export price amounted to $1,166 per ton, declining by -4.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 32%. As a result, the export price attained the peak level of $1,223 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($4,833 per ton), while the average price for exports to the United States ($890 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.0%), while the prices for the other major destinations experienced a decline.
Imports of Cocoa Powder with Sugar in Canada
In 2022, imports of cocoa powder (containing added sugar) into Canada reduced to 2.8K tons, waning by -10% compared with the previous year. Overall, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year.
In value terms, cocoa powder with sugar imports rose notably to $12M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cocoa Powder with Sugar in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.2 | 6.6 | 9.4 | 10.4 | 13.0% |
| United Kingdom | 0.1 | 0.1 | N/A | 0.8 | 100.0% |
| Netherlands | 3.8 | 1.0 | 0.8 | 0.1 | -70.3% |
| Philippines | N/A | N/A | 0.1 | 0.1 | 0.0% |
| India | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.5 | 0.6 | 0.7 | 0.9 | 21.6% |
| Total | 11.7 | 8.3 | 11.0 | 12.3 | 1.7% |
Top Suppliers of Cocoa Powder with Sugar to Canada in 2022:
- United States (2488.9 tons)
- United Kingdom (105.4 tons)
- India (49.9 tons)
- Philippines (46.6 tons)
- Netherlands (13.5 tons)
Exports of Cocoa Powder with Sugar in Canada
Cocoa powder with sugar exports from Canada dropped sharply to 1,000 tons in 2022, which is down by -48.4% against 2021 figures. Over the period under review, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 1.9%.
In value terms, cocoa powder with sugar exports declined dramatically to $1.2M in 2022. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, the exports reached the peak of $2.4M, and then fell markedly in the following year.
| Export of Cocoa Powder with Sugar in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,802 | 1,389 | 1,336 | 825 | -22.9% |
| Philippines | 61.5 | 97.3 | 47.9 | 210 | 50.6% |
| China | 6.1 | N/A | N/A | 105 | 158.2% |
| Others | 56.3 | 364 | 974 | 26.4 | -22.3% |
| Total | 1,926 | 1,850 | 2,358 | 1,166 | -15.4% |
Top Export Markets for Cocoa Powder with Sugar from Canada in 2022:
- United States (927.5 tons)
- Philippines (43.4 tons)
- China (22.9 tons)
This report provides an in-depth analysis of the market for cocoa powder with sugar in Canada. 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 10821400 - Cocoa powder, containing added sugar or other sweetening matter
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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.
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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
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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
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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
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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
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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
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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
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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
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