The global export market for cocoa paste not defatted shows that Ivory Coast is leading with a value of 648.82 million USD in 2023, followed by the Netherlands and Germany. The top players like the Netherlands and Indonesia have shown consistent year-on-year growth, with the Netherlands growing at 2.77% and Indonesia at 4.87%. Conversely, the United Kingdom experienced a significant decline of 12.18%. Notably, Brazil also saw a contraction of 2.41%. Across five years, Ivory Coast, the largest exporter, reveals growth indicative of stable demand.
Future trends to watch include potential market shifts due to emerging exporters like Colombia, which grew robustly by 5.61%. The rising interest in sustainable cocoa is likely to impact the supply chain, influencing export dynamics. Monitoring geopolitical impacts and technological advancements in production efficiency will be crucial for forecasting future market standings.
Top countries in Export of Cocoa Paste Not Defatted by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ivory Coast | 648,820,000 | 2023 | +1.51% | +2.94% | View data |
| 2 | 2 Netherlands | 588,250,000 | 2023 | +1.62% | +2.77% | View data |
| 3 | 3 Germany | 350,030,000 | 2023 | +2.99% | +3.47% | View data |
| 4 | 4 France | 155,820,000 | 2023 | +1.39% | +3.25% | View data |
| 5 | 5 Malaysia | 121,860,000 | 2023 | +2.63% | +2.28% | View data |
| 6 | 6 Belgium | 111,140,000 | 2023 | +2.9% | +3.18% | View data |
| 7 | 7 Indonesia | 88,879,000 | 2023 | +2.72% | +4.87% | View data |
| 8 | 8 Switzerland | 78,942,000 | 2023 | +2.89% | +3.77% | View data |
| 9 | 9 United States | 71,018,000 | 2023 | +0.044% | +1.98% | View data |
| 10 | 10 Estonia | 59,936,000 | 2023 | +4.23% | +3.78% | View data |