China - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

China - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights

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Cocoa Paste Price in China - 2023

Contents:

  1. Cocoa Paste Price in China (CIF) - 2023
  2. Cocoa Paste Price in China (FOB) - 2023
  3. Cocoa Paste Imports in China
  4. Cocoa Paste Exports in China

Cocoa Paste Price in China (CIF) - 2023

The average cocoa paste import price stood at $3,835 per ton in June 2023, picking up by 21% against the previous month. In general, the import price, however, recorded a perceptible downturn. The growth pace was the most rapid in April 2023 when the average import price increased by 33% against the previous month. Over the period under review, average import prices hit record highs at $5,213 per ton in October 2022; however, from November 2022 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Indonesia ($6,102 per ton), while the price for Spain ($1,633 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (-0.2%), while the prices for the other major suppliers experienced a decline.

Cocoa Paste Price in China (FOB) - 2023

The average cocoa paste export price stood at $2,660 per ton in June 2023, picking up by 2.7% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 15% m-o-m. The export price peaked at $2,967 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From June 2022 to June 2023, the rate of growth in terms of prices for Russia amounted to +8.8% per month.

Cocoa Paste Imports in China

In 2022, the amount of cocoa paste imported into China shrank to 23K tons, with a decrease of -2.7% against the previous year's figure. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 24K tons, and then declined in the following year.

In value terms, cocoa paste imports totaled $100M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Cocoa Paste in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia31.934.248.849.015.4%
Malaysia15.28.916.919.68.8%
Ghana9.611.715.412.07.7%
Singapore1.21.62.84.150.6%
Netherlands3.22.33.73.20.0%
Japan0.71.51.11.528.9%
Cote d'Ivoire10.9N/AN/AN/A0%
Others1.810.49.910.378.9%
Total74.470.798.799.810.3%

Top Suppliers of Cocoa Paste to China in 2022:

  1. Indonesia (7.9K tons)
  2. Malaysia (5.1K tons)
  3. Ghana (4.5K tons)
  4. Netherlands (1.3K tons)
  5. Singapore (1.0K tons)
  6. Japan (0.3K tons)

Cocoa Paste Exports in China

In 2022, after two years of decline, there was significant growth in overseas shipments of cocoa paste, when their volume increased by 27% to 2K tons. Overall, exports, however, continue to indicate a sharp contraction.

In value terms, cocoa paste exports surged to $4.8M in 2022. In general, exports, however, continue to indicate a deep setback.

Export of Cocoa Paste in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1,7692,2791,6563,13020.9%
Russia201694N/A84461.3%
GermanyN/AN/AN/A4680%
Malaysia217306183160-9.7%
Spain1,600765N/AN/A-52.2%
Sri Lanka2,5021,502107N/A-79.3%
UruguayN/AN/A729N/A0%
Netherlands123292131N/A3.2%
Others37512128.3153-25.8%
Total6,7875,9582,8344,756-11.2%

Top Export Markets for Cocoa Paste from China in 2022:

  1. Indonesia (1415.3 tons)
  2. Russia (257.0 tons)
  3. Germany (239.9 tons)
  4. Malaysia (72.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cocoa paste market in China. 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 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Event
China Experiences a Sharp 33% Surge in Cocoa Paste Prices, Reaching An Average of $3,218 per Ton
Jul 20, 2023
Eye 351

In April 2023, the price of Cocoa Paste reached $3,218 per ton (CIF, China), representing a growth of 33% compared to the previous month.

Which Country Imports the Most Cocoa in the World?
Jul 26, 2018
Eye 1110

In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...

Which Country Imports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 743

In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...

Which Country Exports the Most Cocoa in the World?
Jul 26, 2018
Eye 1831

In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...

Which Country Exports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 1024

In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...

China Experiences a Sharp 33% Surge in Cocoa Paste Prices, Reaching An Average of $3,218 per Ton
Jul 20, 2023
Eye 351

In April 2023, the price of Cocoa Paste reached $3,218 per ton (CIF, China), representing a growth of 33% compared to the previous month.

Which Country Imports the Most Cocoa in the World?
Jul 26, 2018
Eye 1110

In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...

Which Country Imports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 743

In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...

Which Country Exports the Most Cocoa in the World?
Jul 26, 2018
Eye 1831

In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...

Which Country Exports the Most Cocoa Paste in the World?
Jul 26, 2018
Eye 1024

In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...

Free Data: Cocoa Paste - China