The global import landscape for cocoa paste, wholly or partly defatted, is led by Spain with a significant share, followed by the United States and Malaysia. Spain witnessed a modest growth, whereas Malaysia has seen a remarkable increase in import volumes, reflecting a rising demand in Asia. Notable declines are observed in countries like France and Japan. Despite this, Eastern European regions like Bulgaria and the Czech Republic are experiencing growth. Future prospects suggest continued growth in Asian markets, with countries like Malaysia positioning themselves as key importers. Africa's market potential remains untapped, with Madagascar showing significant improvement.
Future trends to watch in the global market include potential shifts in regional demand influenced by changes in consumer preferences towards cocoa-based products and market diversification. Economic factors and trade policies will likely play critical roles, particularly in emerging markets in Asia and Africa, which are expanding their import base. Additionally, sustainability practices and supply chain transparency are anticipated to impact import patterns.
Top countries in Import of Cocoa Paste Wholly or Partly Defatted Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 31.49 | 2023 | +3.08% | +3.13% | View data |
| 2 | 2 United States | 15.51 | 2023 | -0.046% | +0.84% | View data |
| 3 | 3 Malaysia | 14.94 | 2023 | +4.2% | +6.91% | View data |
| 4 | 4 Australia | 8.78 | 2023 | +4.67% | +0.81% | View data |
| 5 | 5 Germany | 7.94 | 2023 | +2.53% | +2.81% | View data |
| 6 | 6 Brazil | 5.66 | 2023 | +3.37% | +1.84% | View data |
| 7 | 7 Netherlands | 4.13 | 2023 | +2.6% | +0.78% | View data |
| 8 | 8 Singapore | 4.03 | 2023 | +6.12% | +2.6% | View data |
| 9 | 9 Indonesia | 2.58 | 2023 | +4.76% | +2.65% | View data |
| 10 | 10 China | 2.54 | 2023 | +5.16% | +0.94% | View data |