U.S. - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cocoa Powder with Sugar in the United States - 2023
Contents:
- Price for Cocoa Powder with Sugar in the United States (CIF) - 2023
- Price for Cocoa Powder with Sugar in the United States (FOB) - 2023
- Imports of Cocoa Powder with Sugar in the United States
- Exports of Cocoa Powder with Sugar in the United States
Price for Cocoa Powder with Sugar in the United States (CIF) - 2023
In August 2023, the average cocoa powder with sugar import price amounted to $4,577 per ton, falling by -31.9% against the previous month. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in March 2023 an increase of 299% month-to-month. The import price peaked at $6,722 per ton in July 2023, and then contracted remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($14,243 per ton), while the price for Sweden ($1,008 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa Powder with Sugar in the United States (FOB) - 2023
The average cocoa powder with sugar export price stood at $4,446 per ton in August 2023, picking up by 2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 6.7% m-o-m. Over the period under review, the average export prices reached the peak figure in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($8,164 per ton), while the average price for exports to Saudi Arabia ($2,953 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa Powder with Sugar in the United States
In 2022, approx. 54K tons of cocoa powder (containing added sugar) were imported into the United States; with a decrease of -5.8% on the previous year. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 4.7%.
In value terms, cocoa powder with sugar imports reduced slightly to $40M in 2022. Over the period under review, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18%.
| Import of Cocoa Powder with Sugar in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 40.5 | 30.8 | 36.6 | 36.1 | -3.8% |
| Canada | 1.8 | 1.4 | 1.2 | 0.7 | -27.0% |
| Others | 3.5 | 2.0 | 2.5 | 3.4 | -1.0% |
| Total | 45.9 | 34.2 | 40.3 | 40.1 | -4.4% |
Top Suppliers of Cocoa Powder with Sugar to the United States in 2022:
- Mexico (51.8K tons)
- Canada (0.9K tons)
Exports of Cocoa Powder with Sugar in the United States
Cocoa powder with sugar exports from the United States expanded significantly to 8.6K tons in 2022, picking up by 11% compared with 2021. Over the period under review, exports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 34%.
In value terms, cocoa powder with sugar exports totaled $35M in 2022. Overall, exports, however, showed a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year.
| Export of Cocoa Powder with Sugar in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 12.6 | 7.7 | 10.4 | 10.8 | -5.0% |
| Mexico | 2.4 | 1.5 | 3.8 | 4.3 | 21.5% |
| Saudi Arabia | 0.9 | 0.5 | 0.6 | 4.2 | 67.1% |
| South Africa | N/A | 0.4 | 1.7 | 3.2 | 182.8% |
| Hong Kong SAR | 4.4 | 2.4 | 2.4 | 2.3 | -19.4% |
| South Korea | 4.9 | 2.1 | 2.1 | 1.7 | -29.7% |
| Guatemala | 1.2 | 0.9 | 1.4 | 1.2 | 0.0% |
| China | 1.2 | 1.3 | 2.2 | 0.8 | -12.6% |
| Trinidad and Tobago | 0.3 | 0.6 | 0.5 | 0.7 | 32.6% |
| Colombia | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
| Taiwan (Chinese) | 0.8 | 0.2 | 0.3 | 0.5 | -14.5% |
| Honduras | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| El Salvador | 0.9 | 0.7 | 0.6 | 0.4 | -23.7% |
| Others | 6.6 | 3.3 | 3.3 | 3.6 | -18.3% |
| Total | 36.7 | 21.9 | 30.4 | 34.8 | -1.8% |
Top Export Markets for Cocoa Powder with Sugar from the United States in 2022:
- Canada (2553.9 tons)
- Saudi Arabia (1142.1 tons)
- Mexico (1088.9 tons)
- South Africa (758.7 tons)
- Hong Kong SAR (447.9 tons)
- Guatemala (388.2 tons)
- South Korea (337.4 tons)
- China (191.7 tons)
- Colombia (185.0 tons)
- Trinidad and Tobago (182.5 tons)
- Taiwan (Chinese) (154.3 tons)
- El Salvador (136.8 tons)
- Honduras (136.7 tons)
This report provides an in-depth analysis of the market for cocoa powder with sugar in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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