Report Update Nov 1, 2024

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

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Bangladesh: Cocoa Powder Market 2024

Cocoa Powder Market Size in Bangladesh

The Bangladeshi cocoa powder market expanded significantly to $X in 2022, increasing by 6.6% against the previous year. Over the period under review, consumption, however, showed a pronounced shrinkage. Cocoa powder consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cocoa Powder Production in Bangladesh

In value terms, cocoa powder production expanded remarkably to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 36%. Cocoa powder production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Cocoa Powder Exports

Exports from Bangladesh

In 2022, the amount of cocoa powder (not sweetened) exported from Bangladesh reduced modestly to X tons, shrinking by -3.2% compared with the year before. Overall, exports, however, showed a notable increase. The most prominent rate of growth was recorded in 2014 with an increase of 188%. The exports peaked at X tons in 2021, and then shrank slightly in the following year.

In value terms, cocoa powder exports declined slightly to $X in 2022. In general, exports saw a noticeable decrease. The growth pace was the most rapid in 2014 when exports increased by 156% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for cocoa powder exports from Bangladesh, with a approx. 50% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for cocoa powder (not sweetened) exports from Bangladesh.

From 2012 to 2022, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2022, the average cocoa powder export price amounted to $X per ton, rising by 1.8% against the previous year. In general, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 42%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to 0.0% per year.

Cocoa Powder Imports

Imports into Bangladesh

After eight years of growth, supplies from abroad of cocoa powder (not sweetened) decreased by -7.9% to X tons in 2022. Overall, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 55% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, cocoa powder imports contracted dramatically to $X in 2022. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2016 with an increase of 75%. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

Indonesia (X tons), Malaysia (X tons) and Singapore (X tons) were the main suppliers of cocoa powder imports to Bangladesh, together comprising 47% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +37.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa powder suppliers to Bangladesh were Indonesia ($X), Malaysia ($X) and Singapore ($X), with a combined 44% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +42.6%, saw the highest growth rate of 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, dropping by -10.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa powder (not sweetened) in the world?

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 comprising a further 21%.

What are the largest producers of cocoa powder (not sweetened) in the world?

The countries with the highest volumes of cocoa powder production in 2021 were China, the Netherlands and the United States, together accounting for 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%.

What are the leading suppliers of cocoa powder (not sweetened) to Bangladesh?

In value terms, the United Arab Emirates constituted the largest supplier of cocoa powder to Bangladesh.

What is the average import price for cocoa powder (not sweetened) in Bangladesh?

The average cocoa powder import price stood at $1,798 per ton in 2021, waning by -1.7% against the previous year.

This report provides an in-depth analysis of the cocoa powder market in Bangladesh. 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:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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