Report Angola - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Angola - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Cocoa Powder Market 2024

Cocoa Powder Market Size in Angola

The Angolan cocoa powder market reduced to $X in 2022, falling by -6.2% against the previous year. In general, consumption, however, showed a strong expansion. Cocoa powder consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cocoa Powder Production in Angola

In value terms, cocoa powder production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 85% against the previous year. Cocoa powder production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Cocoa Powder Exports

Exports from Angola

Cocoa powder exports from Angola amounted to X kg in 2021, increasing by 11% compared with the year before. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2019 when exports increased by 49%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, cocoa powder exports shrank sharply to $X in 2021. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 69%. The exports peaked at $X in 2020, and then contracted notably in the following year.

Exports by Country

Cuba (X kg) and South Africa (X kg) were the main destinations of cocoa powder exports from Angola.

From 2015 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cuba (with a CAGR of 0.0%).

In value terms, the largest markets for cocoa powder exported from Angola were Cuba ($X) and South Africa ($X).

Among the main countries of destination, Cuba, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average cocoa powder export price amounted to $X per ton, falling by -28.5% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to South Africa amounted to $X per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Powder Imports

Imports into Angola

In 2022, cocoa powder imports into Angola contracted notably to X tons, reducing by -41.1% on 2021 figures. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 251% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then declined rapidly in the following year.

In value terms, cocoa powder imports fell notably to $X in 2022. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 249%. As a result, imports attained the peak of $X, and then shrank rapidly in the following year.

Imports by Country

Portugal (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of cocoa powder imports to Angola, with a combined 74% share of total imports. India, South Africa, Argentina, the United Arab Emirates and the Netherlands lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +78.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Malaysia ($X) and India ($X) were the largest cocoa powder suppliers to Angola, together accounting for 78% of total imports.

Among the main suppliers, India, with a CAGR of +65.4%, recorded 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.

Import Prices by Country

The average cocoa powder import price stood at $X per ton in 2022, surging by 9.2% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 26%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of cocoa powder consumption in 2021 were China, the United States and Brazil, with a combined 32% share of global consumption. India, Malaysia, Indonesia, Nigeria, Russia, Pakistan, the UK and Germany lagged somewhat behind, together accounting for a further 21%.
The countries with the highest volumes of cocoa powder production in 2021 were China, the Netherlands and the United States, together comprising 31% of global production. These countries were followed by Brazil, Indonesia, Malaysia, India, Germany, Spain, Nigeria, Ghana, Cote d'Ivoire and Pakistan, which together accounted for a further 36%.
In value terms, Malaysia, Portugal and Spain constituted the largest cocoa powder suppliers to Angola, with a combined 77% share of total imports. These countries were followed by South Africa, Indonesia, Turkey and Belgium, which together accounted for a further 19%.
The average cocoa powder export price stood at $2,180 per ton in 2018, approximately equating the previous year.
The average cocoa powder import price stood at $2,584 per ton in 2021, with a decrease of -25.6% against the previous year.

This report provides an in-depth analysis of the cocoa powder market in Angola. 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 665 - Cocoa Powder and Cake

Country coverage:

  • Angola

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Angola
  • 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 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 Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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Free Data: Cocoa Powder (Not Sweetened) - Angola