Top Exporters of Cocoa Butter, Fat and Oil

In 2023, the Netherlands led global exports of cocoa butter with $1.65 billion, followed by Indonesia at $0.698 billion, and Malaysia at $0.500 billion. Germany and France captured the fourth and fifth positions, with $0.480 billion and $0.406 billion, respectively. Brazil, Singapore, the United States, the United Kingdom, and Spain were also key players, with exports ranging from $0.200 billion to $0.062 billion.

Year-on-year trends showed notable growth in Indonesia's exports, with an increase of around 10%, while the Netherlands demonstrated steady 5% growth. Germany, France, and Malaysia experienced moderate increases between 3-5%. Brazil and Singapore saw fluctuations with minimal growth around 2%. The U.S. faced a slight decline of around 1%, and the UK and Spain had negligible changes. Over the past five years, the CAGR for top exporters suggests an average growth rate of 4-6%, indicating a robust market.

Looking ahead, key trends to watch include increasing demand for cocoa butter in health-focused products and sustainability-driven sourcing. Asian markets, particularly Indonesia and Malaysia, are expected to gain market share due to competitive pricing and favorable trade policies. Additionally, innovation in product diversification and emphasis on ethical sourcing could influence future exporter rankings.