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Australia - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Cocoa Bean Market Overview 2021

Cocoa Bean Market Size in Australia

In 2020, the Australian cocoa bean market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, showed strong growth. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Cocoa Bean Exports

Exports from Australia

In 2020, approx. X tonnes of cocoa beans were exported from Australia; growing by X% compared with 2019. In general, exports enjoyed a resilient expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cocoa bean exports surged to $X in 2020. Over the period under review, exports recorded a strong expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tonnes) was the main destination for cocoa bean exports from Australia, with a X% share of total exports. Moreover, cocoa bean exports to New Zealand exceeded the volume sent to the second major destination, Germany (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to New Zealand amounted to +X%.

From 2007 to 2020, the average annual rate of growth in terms of value to New Zealand stood at +X%.

Export Prices by Country

In 2020, the average cocoa bean export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to New Zealand stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X% per year).

Cocoa Bean Imports

Imports into Australia

In 2020, purchases abroad of cocoa beans decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, cocoa bean imports stood at $X in 2020. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Peru (X tonnes) constituted the largest supplier of cocoa bean to Australia, with a X% share of total imports. Moreover, cocoa bean imports from Peru exceeded the figures recorded by the second-largest supplier, Papua New Guinea (X tonnes), threefold. Solomon Islands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Peru stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Papua New Guinea (+X% per year) and Solomon Islands (+X% per year).

In value terms, Peru ($X) constituted the largest supplier of cocoa bean to Australia, comprising X% of total imports. The second position in the ranking was occupied by Papua New Guinea ($X), with a X% share of total imports. It was followed by Ghana, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Peru amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Papua New Guinea (+X% per year) and Ghana (+X% per year).

Import Prices by Country

In 2020, the average cocoa bean import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Ecuador ($X per tonne), while the price for Solomon Islands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ecuador, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa beans in the world?
+
The countries with the highest volumes of cocoa bean consumption in 2020 were Indonesia (959K tonnes), Cote d'Ivoire (920K tonnes) and the Netherlands (819K tonnes), together accounting for 42% of global consumption. These countries were followed by Ghana, Belgium, the U.S., Brazil, Malaysia, Germany, Nigeria, France, Turkey and the UK, which together accounted for a further 40%.
What are the largest producers of cocoa beans in the world?
+
Cote d'Ivoire (2.3M tonnes) remains the largest cocoa bean producing country worldwide, comprising approx. 37% of total volume. Moreover, cocoa bean production in Cote d'Ivoire exceeded the figures recorded by the second-largest producer, Ghana (831K tonnes), threefold. The third position in this ranking was occupied by Indonesia (788K tonnes), with a 13% share.
What are the leading suppliers of cocoa beans to Australia?
+
In value terms, Peru ($1.4M) constituted the largest supplier of cocoa bean to Australia, comprising 57% of total imports. The second position in the ranking was occupied by Papua New Guinea ($223K), with a 9.3% share of total imports. It was followed by Ghana, with a 6.2% share.
What is the average export price for cocoa beans in Australia?
+
In 2020, the average cocoa bean export price amounted to $4,370 per tonne, surging by 17% against the previous year.
What is the average import price for cocoa beans in Australia?
+
In 2020, the average cocoa bean import price amounted to $4,904 per tonne, picking up by 18% against the previous year.

Product coverage:
• FCL 661 - Cocoa beans

This report provides an in-depth analysis of the cocoa bean market in Australia. 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 2025.


Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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