The global cocoa beans import volumes for 2024 reveal that the Netherlands continues to lead with a 27.48% share, followed by Germany at 11.1%, and the United States at 8.91%. Notable increases in import volumes have occurred in countries like Guatemala (8.45% YoY increase), Egypt (4.56%), and Mexico (4.13%). Conversely, markets such as Kazakhstan (-2.33%), Algeria (-2.64%), and China (-1.5%) have seen reductions. Emerging markets like Iran and Ukraine show dynamic shifts, with import volumes fluctuating significantly.
Future trends to watch in the global cocoa beans import market include the potential impact of climate change on cocoa production, rising demand in Asia, particularly India and China despite their current declining import trends, and increasing sustainability initiatives that may reshape supply chain dynamics. Monitoring these factors will provide insights into evolving market conditions.
Top countries in Cocoa Beans Import Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 27.48 | 2023 | +2.83% | +2.14% | View data |
| 2 | 2 Germany | 11.1 | 2023 | +1.38% | +1.35% | View data |
| 3 | 3 United States | 8.91 | 2023 | 0% | +0.52% | View data |
| 4 | 4 Belgium | 7 | 2023 | +0.27% | +1.77% | View data |
| 5 | 5 Malaysia | 6.92 | 2023 | +0.83% | 0% | View data |
| 6 | 6 Indonesia | 5.41 | 2023 | +4% | +3.57% | View data |
| 7 | 7 France | 5.03 | 2023 | +0.38% | +0.23% | View data |
| 8 | 8 United Kingdom of Great Britain and Northern Ireland | 2.8 | 2023 | |||
| 9 | 9 Italy | 2.7 | 2023 | +1.42% | +1.16% | View data |
| 10 | 10 Canada | 2.33 | 2023 | +1.65% | -0.79% | View data |
