Thailand - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cocoa Powder with Sugar in Thailand - 2023
Contents:
- Price for Cocoa Powder with Sugar in Thailand (FOB) - 2023
- Price for Cocoa Powder with Sugar in Thailand (CIF) - 2022
- Exports of Cocoa Powder with Sugar in Thailand
- Imports of Cocoa Powder with Sugar in Thailand
Price for Cocoa Powder with Sugar in Thailand (FOB) - 2023
In July 2023, the average cocoa powder with sugar export price amounted to $1,302 per ton, increasing by 2.3% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 15% month-to-month. The export price peaked at $1,356 per ton in September 2022; however, from October 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Myanmar ($5,260 per ton), while the average price for exports to Japan ($1,133 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cocoa Powder with Sugar in Thailand (CIF) - 2022
The average cocoa powder with sugar import price stood at $4,971 per ton in 2022, increasing by 16% against the previous year. In general, the import price, however, showed a perceptible reduction. Over the period under review, average import prices reached the peak figure at $8,747 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 United States ($10,860 per ton), while the price for Malaysia ($4,314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cocoa Powder with Sugar in Thailand
In 2022, exports of cocoa powder (containing added sugar) from Thailand amounted to 16K tons, growing by 2.6% compared with the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports attained the peak of 19K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cocoa powder with sugar exports skyrocketed to $21M in 2022. The total export value increased at an average annual rate of +11.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cocoa Powder with Sugar in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 13.0 | 13.2 | 13.7 | 16.3 | 7.8% |
| Myanmar | 0.5 | 1.6 | 1.5 | 2.2 | 63.9% |
| Indonesia | N/A | 0.4 | 1.3 | 1.3 | 80.3% |
| Lao People's Democratic Republic | 0.7 | 0.7 | 0.9 | 0.8 | 4.6% |
| Others | 1.3 | 2.5 | 0.5 | 0.8 | -14.9% |
| Total | 15.6 | 18.4 | 17.9 | 21.3 | 10.9% |
Top Export Markets for Cocoa Powder with Sugar from Thailand in 2022:
- Japan (15.1K tons)
- Indonesia (0.4K tons)
- Lao People's Democratic Republic (0.4K tons)
- Myanmar (0.3K tons)
Imports of Cocoa Powder with Sugar in Thailand
For the third year in a row, Thailand recorded decline in purchases abroad of cocoa powder (containing added sugar), which decreased by -27.8% to 666 tons in 2022. Over the period under review, imports faced a precipitous decrease. The smallest decline of -7.2% was in 2021.
In value terms, cocoa powder with sugar imports shrank dramatically to $3.3M in 2022. Overall, imports continue to indicate a deep setback. The smallest decline of -13.1% was in 2021.
| Import of Cocoa Powder with Sugar in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,922 | 2,219 | 3,226 | 2,289 | 6.0% |
| Germany | 410 | 444 | 273 | 467 | 4.4% |
| United States | 606 | 312 | 280 | 364 | -15.6% |
| United Kingdom | 139 | 55.0 | 48.2 | 74.6 | -18.7% |
| France | 2,972 | 1,439 | 63.6 | 56.1 | -73.4% |
| Others | 45.3 | 75.5 | 56.1 | 61.0 | 10.4% |
| Total | 6,095 | 4,544 | 3,947 | 3,312 | -18.4% |
Top Suppliers of Cocoa Powder with Sugar to Thailand in 2022:
- Malaysia (530.6 tons)
- Germany (65.2 tons)
- United States (33.5 tons)
- United Kingdom (14.1 tons)
- France (10.6 tons)
This report provides an in-depth analysis of the market for cocoa powder with sugar in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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