U.S.: Market for Cocoa Powder (Containing Added Sugar) 2025

Market Size for Cocoa Powder (Containing Added Sugar) in the U.S.

The U.S. cocoa powder with sugar market reduced to $X in 2021, dropping by -3.3% against the previous year. The market value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank in the following year.

Production of Cocoa Powder (Containing Added Sugar) in the U.S.

In value terms, cocoa powder with sugar production declined modestly to $X in 2021. Overall, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +44.4% against 2016 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 30% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then reduced slightly in the following year.

Exports of Cocoa Powder (Containing Added Sugar)

Exports from the U.S.

Cocoa powder with sugar exports from the United States surged to X tons in 2021, picking up by 34% compared with 2020 figures. Over the period under review, exports, however, continue to indicate a noticeable slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cocoa powder with sugar exports surged to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for cocoa powder with sugar exports from the United States, with a 36% share of total exports. Moreover, cocoa powder with sugar exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+5.7% per year) and Hong Kong SAR (+18.2% per year).

In value terms, Canada ($X) remains the key foreign market for cocoa powder (containing added sugar) exports from the United States, comprising 34% of total exports. The second position in the ranking was held by Mexico ($X), with a 13% share of total exports. It was followed by Hong Kong SAR, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.5% per year) and Hong Kong SAR (+22.7% per year).

Export Prices by Country

The average cocoa powder with sugar export price stood at $X per ton in 2021, picking up by 3.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cocoa Powder (Containing Added Sugar)

Imports into the U.S.

In 2021, purchases abroad of cocoa powder (containing added sugar) increased by 4.7% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 7.7% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cocoa powder with sugar imports surged to $X in 2021. Over the period under review, imports, however, saw a abrupt slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Mexico (X tons) was the main supplier of cocoa powder with sugar to the United States, with a 96% share of total imports. It was followed by Canada (X tons), with a 3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico totaled -5.7%.

In value terms, Mexico ($X) constituted the largest supplier of cocoa powder (containing added sugar) to the United States, comprising 91% of total imports. The second position in the ranking was held by Canada ($X), with a 3.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Mexico totaled -8.7%.

Import Prices by Country

In 2021, the average cocoa powder with sugar import price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Mexico amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-3.0%).

Source: IndexBox Platform

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