Report Update Nov 1, 2024

Puerto Rico - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Cocoa Paste Market 2024

Cocoa Paste Market Size in Puerto Rico

The Puerto Rican cocoa paste market stood at less than $X in 2021, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern.

Cocoa Paste Exports

Exports from Puerto Rico

In 2021, approx. less than X kg of cocoa paste were exported from Puerto Rico; almost unchanged from the year before. In general, exports continue to indicate a relatively flat trend pattern.

In value terms, cocoa paste exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, Cote d'Ivoire (X tons), distantly followed by the Netherlands (X tons), Ghana (X tons) and Germany (X tons) represented the key exporters of cocoa paste, together generating 73% of total exports. The following exporters - Indonesia (X tons), Cameroon (X tons), France (X tons), Malaysia (X tons) and the United States (X tons) - together made up 15% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Cameroon (with a CAGR of +12.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa paste supplying countries from Puerto Rico were Cote d'Ivoire ($X), the Netherlands ($X) and Ghana ($X), together comprising 63% of total exports. These countries were followed by Germany, France, Indonesia, Cameroon, Malaysia and the United States, which together accounted for a further 23%.

Among the main exporting countries, Cameroon, with a CAGR of +8.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. In general, the export price showed a relatively flat trend pattern.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in France ($X per ton) and the United States ($X per ton), while Indonesia ($X per ton) and Cameroon ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the other leaders experienced mixed trends in the export price figures.

Cocoa Paste Imports

Imports into Puerto Rico

In 2021, the amount of cocoa paste imported into Puerto Rico was estimated at less than X kg, approximately reflecting the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern.

In value terms, cocoa paste imports amounted to less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

The Netherlands (X tons), the United States (X tons), Spain (X tons), Germany (X tons), Belgium (X tons) and France (X tons) represented roughly 56% of total imports in 2021. Poland (X tons), Russia (X tons), Malaysia (X tons), Italy (X tons), Turkey (X tons), China (X tons) and Australia (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +14.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa paste importing markets into Puerto Rico were the Netherlands ($X), the United States ($X) and Belgium ($X), with a combined 32% share of total imports. Germany, France, Spain, Russia, Poland, Italy, Turkey, China, Australia and Malaysia lagged somewhat behind, together comprising a further 45%.

Turkey, with a CAGR of +16.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, approximately mirroring the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa paste in the world?

The countries with the highest volumes of cocoa paste consumption in 2021 were China, the United States and India, with a combined 27% share of global consumption. These countries were followed by Japan, Pakistan, Indonesia, Brazil, Bangladesh, the UK, Nigeria, Russia, Mexico and Vietnam, which together accounted for a further 25%.

What are the largest producers of cocoa paste in the world?

The country with the largest volume of cocoa paste production was China, comprising approx. 14% of total volume. Moreover, cocoa paste production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.7% share.

What are the leading suppliers of cocoa paste to Puerto Rico?

In value terms, the Netherlands, the United States and Belgium constituted the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. Germany, France, Spain, Russia, Poland, Italy, Turkey, Australia, Malaysia and China lagged somewhat behind, together comprising a further 46%.

What are the leading importers of cocoa paste from Puerto Rico?

In value terms, the largest cocoa paste supplying countries from Puerto Rico were the Netherlands, Cote d'Ivoire and Ghana, together accounting for 59% of total exports. These countries were followed by Germany, France, Malaysia, Switzerland, Indonesia, Belgium, Ecuador, Poland and Cameroon, which together accounted for a further 31%.

What is the average export price for cocoa paste in Puerto Rico?

In 2021, the cocoa paste export price in Puerto Rico amounted to $less than 0.1 per ton, remaining relatively unchanged against the previous year.

What is the average import price for cocoa paste in Puerto Rico?

The cocoa paste import price in Puerto Rico stood at $less than 0.1 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the cocoa paste market in Puerto Rico. 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:

Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

Country coverage:

Puerto Rico

Data coverage:

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