In 2023, the Netherlands maintained its position as the leading exporter of unsweetened cocoa powder with a value of 711.98 million USD, followed by Germany and Malaysia. Year-on-year growth highlights significant increases in Estonia (3.93%) and Norway (6.05%). Notably, Belgium saw the highest surge, with a significant 12.46% growth over the previous year. Meanwhile, countries like Japan and the United Kingdom experienced notable contractions in their exports. The short term also saw remarkable growth in economies like Uganda, skyrocketing by over 329% despite its overall export volume being small.
Future trends to watch for in global exports of unsweetened cocoa powder include:
- Increased diversification in established markets such as Europe, with potential growth in Eastern European countries.
- Emerging markets like Uganda and Armenia, which showed explosive growth due to presumably small base effects, may continue to expand their market share.
- Potential slowdowns in traditionally strong markets if current contractions persist, such as in Japan and the UK.
- Attention on sustainability and supply chain transparency, impacting demand and market preferences globally in the upcoming years.
Top countries in Export of Unsweetened Cocoa Powder by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 711,980,000 | 2023 | +0.67% | +1.04% | View data |
| 2 | 2 Germany | 312,890,000 | 2023 | +2.49% | +2.6% | View data |
| 3 | 3 Malaysia | 243,060,000 | 2023 | +0.012% | +1.49% | View data |
| 4 | 4 Spain | 179,850,000 | 2023 | +2.04% | +2.69% | View data |
| 5 | 5 Indonesia | 177,040,000 | 2023 | +2.94% | +3.92% | View data |
| 6 | 6 Singapore | 154,220,000 | 2023 | +2.64% | +2.7% | View data |
| 7 | 7 France | 136,920,000 | 2023 | -0.029% | +0.1% | View data |
| 8 | 8 United States | 91,456,000 | 2023 | +1.55% | +3.23% | View data |
| 9 | 9 Ivory Coast | 58,128,000 | 2023 | -0.96% | -0.41% | View data |
| 10 | 10 Brazil | 51,751,000 | 2023 | -1.89% | -0.89% | View data |
