The global import of cocoa beans is led by the Netherlands, which dominates the market with a significant import value of 2.8399 billion USD. Following the Netherlands, the United States and Germany are substantial importers, reflecting strong demand in these regions. Noteworthy, Malaysia, Belgium, and Indonesia also contribute notably to global imports. The year-on-year variation shows substantial growth in countries like Mexico with a 4.37% increase, Indonesia at 5.1%, and South Korea at 8.83%. Conversely, some regions like the UK experienced a decline of 2.63%, and South Africa notably fell by 13.13%. Over the last five years, observing the CAGR, countries like Benin showed remarkable growth by 139.76%, albeit from a smaller base value.
Future trends to watch in the global import of cocoa beans include increasing demand in developing countries such as India and China, which may shift the dynamics of global trade. Also, policy changes around sustainable and ethically sourced commodities could impact import patterns, with more countries likely to adopt stringent regulations on cocoa sourcing.
Top countries in Import of Cocoa Beans by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 2,839,900,000 | 2023 | +2.81% | +3.2% | View data |
| 2 | 2 United States | 1,071,300,000 | 2023 | -0.19% | +1.59% | View data |
| 3 | 3 Germany | 920,670,000 | 2023 | +0.62% | +1.74% | View data |
| 4 | 4 Malaysia | 801,650,000 | 2023 | +0.98% | +0.35% | View data |
| 5 | 5 Belgium | 724,900,000 | 2023 | +1.07% | +4.1% | View data |
| 6 | 6 Indonesia | 678,150,000 | 2023 | +5.31% | +5.1% | View data |
| 7 | 7 France | 440,980,000 | 2023 | +0.84% | +1.02% | View data |
| 8 | 8 Italy | 290,550,000 | 2023 | +1.13% | +2.56% | View data |
| 9 | 9 Spain | 261,730,000 | 2023 | +0.33% | +2.83% | View data |
| 10 | 10 Canada | 245,990,000 | 2023 | +2.37% | +2.38% | View data |
