U.S. - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2025

U.S. - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights

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Cocoa Bean Prices in the United States

U.S. Cocoa Bean Import Price per Ton in August 2022

In August 2022, the cocoa bean price per ton stood at $2.6K (CIF, US), approximately mirroring the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 6.5% month-to-month. As a result, import price attained the peak level of $2.7K per ton. From March 2022 to August 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2022, the highest price was recorded for prices from Democratic Republic of the Congo ($2.9K per ton) and the Dominican Republic ($2.9K per ton), while the price for Ecuador ($2.4K per ton) and Papua New Guinea ($2.5K per ton) were amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Cocoa Bean Imports

In August 2022, the amount of cocoa beans imported into the United States contracted to 17K tons, declining by -5.2% on the month before. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in March 2022 when imports increased by 85% m-o-m.

In value terms, cocoa bean imports shrank to $46M (IndexBox estimates) in August 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in March 2022 when imports increased by 78% against the previous month.

U.S. Cocoa Bean Imports by Country

Cote d'Ivoire (5.9K tons), Ecuador (4.2K tons) and Ghana (3.9K tons) were the main suppliers of cocoa bean imports to the United States, with a combined 81% share of total imports.

From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ghana (with a CAGR of +19.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($16M), Ghana ($11M) and Ecuador ($10M) were the largest cocoa bean suppliers to the United States, together comprising 79% of total imports.

In terms of the main suppliers, Ghana, with a CAGR of +19.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cocoa bean market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 661 - Cocoa beans

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024
  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024
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Blog
Event
Cocoa Bean Importation in the United States Hits a Low of $769M in 2023
Oct 13, 2024
Eye 231

Cocoa Bean imports reached a peak of 479K tons in 2015 but gradually decreased from 2016 to 2023, with imports totaling a lower figure. In terms of value, cocoa bean imports fell to $769M in 2023.

Significant Decrease in Cocoa Bean Imports to $769M Recorded in the United States
Mar 27, 2024
Eye 376

Cocoa Bean imports reached a peak of 479K tons in 2015 but remained lower from 2016 to 2023. In terms of value, Cocoa Bean imports decreased to $769M in 2023.

U.S. Cocoa Bean Price Regains Momentum, Reaching $2,642 per Ton
Sep 9, 2022
Eye 786

In July 2022, the cocoa bean price per ton amounted to $2,642 per ton, rising by 3.3% against the previous month. 

Cocoa Bean Price per Ton May 2022
Jul 12, 2022
Eye 1201

In May 2022, the cocoa bean price per ton stood at $2,722 (CIF, US), increasing by 3.2% against the previous month.

Cocoa Futures Rise Following Lindt & Spruengli's Sales Success
Jan 14, 2025
Eye 82

Learn how Lindt & Spruengli's robust sales growth is driving cocoa futures while navigating high prices and supply challenges.

Cocoa Market Faces Turbulence as Hershey Initiates Huge Bean Purchase
Jan 10, 2025
Eye 299

Hershey's large-scale cocoa bean purchase has shaken the market, causing increased volatility and affecting global cocoa trade dynamics.

Hershey Seeks CFTC Exemption Amid Global Cocoa Shortages
Jan 8, 2025
Eye 391

Hershey Co. aims to bypass cocoa shortages by seeking a CFTC exemption to secure over 90,000 metric tons, amid rising prices and limited exchange stockpiles.

Cocoa Prices Surge Amid Tight Market and West African Weather Concerns
Jan 6, 2025
Eye 349

Cocoa prices are soaring due to tight market conditions and weather concerns in West Africa, with Ivory Coast at the center of the supply challenges.

Cocoa Market Bounces Back Amid Supply Concerns
Dec 30, 2024
Eye 199

An analysis of the recent resurgence in cocoa futures, driven by supply apprehensions and West Africa's key role in global production.

Hedge Fund Exodus Reshapes Global Cocoa Market Amidst Price Surge
Dec 20, 2024
Eye 594

Discover how hedge funds exiting the cocoa futures market have led to price surges and increased volatility, reshaping global cocoa trade dynamics.

Free Data: Cocoa Beans - United States