In 2023, the Ivory Coast led global exports of cocoa paste not defatted with 223.75 million kg, followed by the Netherlands at 166.77 million kg, and Germany at 103.04 million kg. The year-on-year changes indicate varying trends: Africa's major producers like the Ivory Coast and Nigeria exhibited a decline, while European countries such as Germany, Belgium, and Estonia displayed growth. Notably, Brazil and Singapore saw significant declines. Despite this, Asian countries like Indonesia and Thailand increased their export volumes. Over the past five years, the trend shows European countries generally strengthening their positions, while countries like Nigeria and Singapore faced challenges.
Future trends to watch for include:
- Potential growth in more European countries expanding their cocoa processing capabilities.
- Regional diversification in Asia with emerging players contributing to increased exports.
- Economic and climate impacts on traditional cocoa powerhouses that may affect global supply chains.
- Technological advancements in cocoa processing could shift market dynamics.
Top countries in Export of Cocoa Paste Not Defatted by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ivory Coast | 223,750,000 | 2023 | +2.18% | +2.83% | View data |
| 2 | 2 Netherlands | 166,770,000 | 2023 | +1.9% | +2.49% | View data |
| 3 | 3 Germany | 103,040,000 | 2023 | +3.35% | +3.48% | View data |
| 4 | 4 France | 41,996,000 | 2023 | +1.58% | +2.7% | View data |
| 5 | 5 Malaysia | 35,869,000 | 2023 | +3.14% | +2.41% | View data |
| 6 | 6 Belgium | 27,986,000 | 2023 | +3.47% | +3.24% | View data |
| 7 | 7 Indonesia | 23,336,000 | 2023 | +2.85% | +4.88% | View data |
| 8 | 8 Estonia | 19,656,000 | 2023 | +4.52% | +4.3% | View data |
| 9 | 9 Switzerland | 19,607,000 | 2023 | +3.7% | +4.46% | View data |
| 10 | 10 United States | 15,950,000 | 2023 | -0.44% | +0.6% | View data |