Report Update Apr 1, 2024

Indonesia - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights

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Indonesia: Cocoa Powder Market 2024

Cocoa Powder Market Size in Indonesia

The Indonesian cocoa powder market soared to $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Cocoa Powder Production in Indonesia

In value terms, cocoa powder production totaled $X in 2022 estimated in export price. In general, production showed slight growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Cocoa Powder Exports

Exports from Indonesia

After two years of growth, shipments abroad of cocoa powder (not sweetened) decreased by X% to X tons in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, cocoa powder exports soared to $X in 2022. Overall, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

India (X tons) was the main destination for cocoa powder exports from Indonesia, accounting for a X% share of total exports. Moreover, cocoa powder exports to India exceeded the volume sent to the second major destination, China (X tons), threefold. The Philippines (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the Philippines (X% per year).

In value terms, India ($X) remains the key foreign market for cocoa powder (not sweetened) exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2022, the average cocoa powder export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, recorded a pronounced decrease. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per ton) and Estonia ($X per ton), while the average price for exports to Egypt ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced a decline.

Cocoa Powder Imports

Imports into Indonesia

Cocoa powder imports into Indonesia expanded remarkably to X tons in 2022, increasing by X% compared with the previous year. In general, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, cocoa powder imports surged to $X in 2022. Overall, imports posted temperate growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Malaysia (X tons), Singapore (X tons) and Germany (X tons) were the main suppliers of cocoa powder imports to Indonesia, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa powder suppliers to Indonesia were Malaysia ($X), Singapore ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cocoa powder import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a abrupt slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa powder (not sweetened) in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, together accounting for 33% of global consumption. Brazil, Germany, Indonesia, Nigeria, Russia, Bangladesh, Pakistan, Mexico, the UK and France lagged somewhat behind, together accounting for a further 23%.

What are the largest producers of cocoa powder (not sweetened) in the world?

The countries with the highest volumes of production in 2022 were China, the Netherlands and the United States, together comprising 31% of global production. Brazil, Malaysia, Indonesia, Germany, India, Spain, Ghana, Nigeria, Bangladesh and France lagged somewhat behind, together comprising a further 37%.

What are the leading suppliers of cocoa powder (not sweetened) to Indonesia?

In value terms, Malaysia, Singapore and Germany appeared to be the largest cocoa powder suppliers to Indonesia, with a combined 98% share of total imports.

What are the leading importers of cocoa powder (not sweetened) from Indonesia?

In value terms, India remains the key foreign market for cocoa powder not sweetened) exports from Indonesia, comprising 40% of total exports. The second position in the ranking was taken by China, with a 13% share of total exports. It was followed by the Philippines, with a 7.5% share.

What is the average export price for cocoa powder (not sweetened) in Indonesia?

In 2022, the average cocoa powder export price amounted to $2,678 per ton, increasing by 27% against the previous year.

What is the average import price for cocoa powder (not sweetened) in Indonesia?

In 2022, the average cocoa powder import price amounted to $3,002 per ton, growing by 15% against the previous year.

This report provides an in-depth analysis of the cocoa powder market in Indonesia. 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:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023