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Japan - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Bean Price in Japan - 2023
Contents:
- Cocoa Bean Price in Japan (CIF) - 2023
- Cocoa Bean Price in Japan (FOB) - 2022
- Cocoa Bean Imports in Japan
- Cocoa Bean Exports in Japan
Cocoa Bean Price in Japan (CIF) - 2023
The average cocoa bean import price stood at $3,397 per ton in July 2023, picking up by 13% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in December 2022 when the average import price increased by 16% month-to-month. Over the period under review, average import prices hit record highs in July 2023.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from the Dominican Republic ($4,144 per ton) and Cote d'Ivoire ($3,358 per ton), while the price for Ghana ($3,247 per ton) and Venezuela ($3,280 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Bean Price in Japan (FOB) - 2022
In 2022, the average cocoa bean export price amounted to $7,183 per ton, picking up by 114% against the previous year. Over the period under review, the export price showed a modest increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +49.3% per year.
Cocoa Bean Imports in Japan
In 2022, overseas purchases of cocoa beans increased by 16% to 44K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep setback.
In value terms, cocoa bean imports reached $122M in 2022. In general, imports, however, showed a perceptible decrease.
Import of Cocoa Bean in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 97.1 | 105 | 86.1 | 87.4 | -3.4% |
Ecuador | 15.9 | 12.3 | 12.9 | 17.3 | 2.9% |
Venezuela | 12.0 | 6.9 | 8.0 | 6.2 | -19.8% |
Cote d'Ivoire | 5.0 | 4.8 | 5.1 | 4.4 | -4.2% |
Dominican Republic | 5.2 | 3.7 | 1.9 | 2.2 | -24.9% |
Others | 5.4 | 5.0 | 4.1 | 4.9 | -3.2% |
Total | 141 | 137 | 118 | 122 | -4.7% |
Top Suppliers of Cocoa Bean to Japan in 2022:
- Ghana (33.2K tons)
- Ecuador (5.2K tons)
- Venezuela (2.0K tons)
- Cote d'Ivoire (1.8K tons)
- Dominican Republic (0.6K tons)
Cocoa Bean Exports in Japan
For the third consecutive year, Japan recorded decline in shipments abroad of cocoa beans, which decreased by -88.7% to 10 tons in 2022. In general, exports showed a sharp descent. The smallest decline of -18.2% was in 2021.
In value terms, cocoa bean exports dropped notably to $75K in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 6%.
Export of Cocoa Bean in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | N/A | N/A | 21.7 | 73.3 | 237.8% |
Indonesia | 178 | 292 | N/A | N/A | 64.0% |
Singapore | 311 | N/A | N/A | N/A | 0% |
Netherlands | 620 | N/A | 5.4 | N/A | -90.7% |
Saudi Arabia | N/A | N/A | 9.3 | N/A | 0% |
Others | 2.5 | 2.1 | 275 | 1.9 | -8.7% |
Total | 1,112 | 294 | 311 | 75.2 | -59.3% |
Top Export Markets for Cocoa Bean from Japan in 2022:
- Belgium (10.4 tons)
This report provides an in-depth analysis of the cocoa bean market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cocoa bean market in Japan.
This report provides an in-depth analysis of the global cocoa bean market.
This report provides an in-depth analysis of the cocoa bean market in Japan.
This report provides an in-depth analysis of the global cocoa bean market.
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