Report Update Nov 1, 2024

Jamaica - Cocoa (Beans) - Market Analysis, Forecast, Size, Trends and Insights

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Jamaica: Cocoa Market 2020

Cocoa Market Size in Jamaica

The revenue of the cocoa market in Jamaica amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, cocoa consumption continues to indicate a precipitous decrease. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the cocoa market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Cocoa Production in Jamaica

In value terms, cocoa production amounted to $X in 2018 estimated in export prices. Overall, cocoa production continues to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2012 when production volume increased by X% year-to-year. Cocoa production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Average yield of cocoa (beans) in Jamaica stood at X kg per ha in 2018, lowering by -X% against the previous year. In general, the cocoa yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. In that year, the average cocoa yield reached its peak level of X kg per ha. From 2013 to 2018, the growth of the average cocoa yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of cocoa (beans) production in Jamaica totaled X ha, waning by -X% against the previous year. In general, the cocoa harvested area continues to indicate a deep descent. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to cocoa production reached its maximum at X ha in 2010; however, from 2011 to 2018, harvested area stood at a somewhat lower figure.

Cocoa Exports

Exports from Jamaica

In 2018, the amount of cocoa (beans) exported from Jamaica totaled X tons, picking up by X% against the previous year. Overall, cocoa exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. In that year, cocoa exports reached their peak of X tons. From 2010 to 2018, the growth of cocoa exports failed to regain its momentum.

In value terms, cocoa exports stood at $X in 2018. In general, cocoa exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. In that year, cocoa exports reached their peak of $X. From 2013 to 2018, the growth of cocoa exports remained at a somewhat lower figure.

Cocoa Imports

Imports into Jamaica

In 2018, the imports of cocoa (beans) into Jamaica amounted to X tons, picking up by X% against the previous year. In general, cocoa imports continue to indicate outstanding growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, cocoa imports totaled $X in 2018. In general, cocoa imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Over the period under review, cocoa imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Source: IndexBox Platform

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

Jamaica

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Jamaica
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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. 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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023