World - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCocoa Powder With Sugar Market
The article discusses the rising demand for cocoa powder with sugar worldwide, forecasting an upward consumption trend with a CAGR of +2.6% for the period from 2022 to 2030. Consumption volume expected to reach 2.6M tons by 2030, with a market value of $12.2B. Analysis includes consumption patterns, production trends, global imports, and exports data. Key insights on top consuming countries, producers, importers, and exporters provided.
Market Forecast
Driven by rising demand for cocoa powder with sugar worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +2.6% for the period from 2022 to 2030, which is projected to bring the market volume to 2.6M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.6% for the period from 2022 to 2030, which is projected to bring the market value to $12.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Cocoa Powder (Containing Added Sugar)
In 2022, after two years of decline, there was growth in consumption of cocoa powder (containing added sugar), when its volume increased by 1.7% to 2.1M tons. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, global consumption reached the peak volume at 2.3M tons in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
The global cocoa powder with sugar market revenue reached $8.5B in 2022, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by 5.9%. Over the period under review, the global market hit record highs at $9.1B in 2014; however, from 2015 to 2022, consumption failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (359K tons), the United States (195K tons) and India (145K tons), together comprising 33% of global consumption. Japan, Pakistan, Spain, Germany, Nigeria, Indonesia, Brazil, Bangladesh, Turkey and Ethiopia lagged somewhat behind, together accounting for a further 24%.
From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +4.5%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($1.9B) led the market, alone. The second position in the ranking was taken by the United States ($743M). It was followed by Japan.
From 2012 to 2022, the average annual growth rate of value in China totaled +3.5%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+4.1% per year) and Japan (-1.9% per year).
The countries with the highest levels of cocoa powder with sugar per capita consumption in 2022 were Spain (1,186 kg per 1000 persons), Germany (671 kg per 1000 persons) and the United States (582 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +3.4%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Cocoa Powder (Containing Added Sugar)
In 2022, production of cocoa powder (containing added sugar) was finally on the rise to reach 2.2M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 2.3% against the previous year. Over the period under review, global production hit record highs at 2.3M tons in 2019; however, from 2020 to 2022, production failed to regain momentum.
In value terms, cocoa powder with sugar production rose modestly to $8.3B in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 8.1%. Over the period under review, global production reached the peak level at $8.9B in 2014; however, from 2015 to 2022, production failed to regain momentum.
Production By Country
The country with the largest volume of cocoa powder with sugar production was China (359K tons), comprising approx. 17% of total volume. Moreover, cocoa powder with sugar production in China exceeded the figures recorded by the second-largest producer, the United States (150K tons), twofold. India (143K tons) ranked third in terms of total production with a 6.6% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +2.1%. In the other countries, the average annual rates were as follows: the United States (+9.0% per year) and India (+2.4% per year).
Imports
World Imports of Cocoa Powder (Containing Added Sugar)
In 2022, global imports of cocoa powder (containing added sugar) reduced slightly to 164K tons, declining by -2.5% on 2021. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when imports increased by 7.4% against the previous year. Over the period under review, global imports hit record highs at 222K tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, cocoa powder with sugar imports dropped modestly to $374M in 2022. In general, imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 4.8% against the previous year. Over the period under review, global imports hit record highs at $493M in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports By Country
In 2022, the United States (54K tons) was the major importer of cocoa powder (containing added sugar), creating 33% of total imports. It was distantly followed by Japan (24K tons), France (11K tons) and Nigeria (8.7K tons), together achieving a 27% share of total imports. The following importers - Egypt (3.5K tons), Portugal (2.8K tons) and Canada (2.8K tons) - each recorded a 5.5% share of total imports.
Imports into the United States decreased at an average annual rate of -5.5% from 2012 to 2022. At the same time, Nigeria (+74.5%), Egypt (+46.7%) and Japan (+2.0%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +74.5% from 2012-2022. Portugal experienced a relatively flat trend pattern. By contrast, Canada (-2.7%) and France (-7.1%) illustrated a downward trend over the same period. While the share of Japan (+5.7 p.p.), Nigeria (+5.3 p.p.) and Egypt (+2.1 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of France (-3.7 p.p.) and the United States (-10.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($40M), France ($35M) and Japan ($26M) were the countries with the highest levels of imports in 2022, with a combined 27% share of global imports. Nigeria, Egypt, Canada and Portugal lagged somewhat behind, together accounting for a further 15%.
Nigeria, with a CAGR of +84.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.
Import Prices By Country
The average cocoa powder with sugar import price stood at $2,276 per ton in 2022, picking up by 2.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $2,317 per ton; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($4,475 per ton), while the United States ($746 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+5.6%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Cocoa Powder (Containing Added Sugar)
In 2022, shipments abroad of cocoa powder (containing added sugar) increased by 2.1% to 191K tons, rising for the second consecutive year after two years of decline. In general, exports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. The global exports peaked at 247K tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, cocoa powder with sugar exports expanded remarkably to $389M in 2022. Over the period under review, exports, however, showed a noticeable decline. The global exports peaked at $529M in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports By Country
In 2022, Mexico (52K tons), distantly followed by South Korea (32K tons), Thailand (16K tons), Germany (14K tons), Malaysia (12K tons), Singapore (10K tons) and the United States (8.6K tons) were the largest exporters of cocoa powder (containing added sugar), together generating 76% of total exports. Ghana (8K tons), Saudi Arabia (3.9K tons) and Nigeria (2.9K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ghana (with a CAGR of +59.6%), while the other global leaders experienced more modest paces of growth.
In value terms, Mexico ($39M), South Korea ($38M) and Germany ($37M) appeared to be the countries with the highest levels of exports in 2022, with a combined 29% share of global exports. The United States, Malaysia, Ghana, Thailand, Saudi Arabia, Singapore and Nigeria lagged somewhat behind, together comprising a further 36%.
Ghana, with a CAGR of +73.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average cocoa powder with sugar export price stood at $2,036 per ton in 2022, increasing by 9.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $3,010 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($4,059 per ton), while Mexico ($736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+8.4%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for cocoa powder with sugar. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
-
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
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
This report provides an in-depth analysis of the global market for cocoa powder with sugar.
This report provides an in-depth analysis of the global market for cereal, fruit or nut chocolate bar.
This report provides an in-depth analysis of the global chocolate market.
This report provides an in-depth analysis of the global chocolate market.
This report provides an in-depth analysis of the global market for chocolate bar with filling.
This report provides an in-depth analysis of the global chocolate and confectionery market.
Global Chocolate Flavour Coating Market Report 2018. This report provides an in-depth analysis of the global chocolate flavour coating market.
Global Chocolate Milk Crumb Market Report 2018. This report provides an in-depth analysis of the global chocolate milk crumb market.
Global Chocolate Spread Market Report 2018. This report provides an in-depth analysis of the global chocolate spread market.
Global Chocolates With Alcohol Market Report 2018. This report provides an in-depth analysis of the global chocolates with alcohol market.
Explore the top import markets for chocolate and their key statistics, including the United States, United Kingdom, Germany, France, and more. Discover the love for chocolate around the world.
The chocolate industry is constantly changing and evolving. New trends are always emerging, and consumer behavior is always shifting.
The global chocolate market steadily expands, rising to $156B in 2020. China, the U.S. and Germany are the largest chocolate consuming countries worldwide. Italy, the UK and Germany recorded the highest per capita consumption figures in 2020.
In 2016, the global chocolate imports totaled X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016...
In 2016, the global chocolate imports totaled X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016...
The global chocolate market had total revenues of X million USD in 2015, which was X million USD (or X%) less than the year before. In physical terms, the market fell slightly over the last year, am
Germany seized control of the chocolate and cocoa products market. In 2014, Germany exported X thousand tons of chocolate and cocoa products totaling X billion USD, X% over the previous year. Its primary trading partner was France, where it supp
The global chocolate market is expected to continue its upward consumption trend over the next seven years, with forecasted growth in both volume and value. Key insights include top consuming and producing countries, as well as trends in imports and exports.
The global market for chocolate bars with fillings is expected to continue on an upward consumption trend over the next seven years, with an anticipated growth in both volume and value. Consumption, production, imports, and exports of chocolate bars with fillings are analyzed in detail in this article, highlighting key trends and statistics.
Explore the top import markets for chocolate and confectionery products worldwide, backed by key statistics and data from the IndexBox market intelligence platform.