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Southern Asia - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Cocoa Bean Market 2024
Cocoa Bean Market Size in Southern Asia
The South Asian cocoa bean market reached $X in 2023, rising by X% against the previous year. Overall, consumption, however, showed strong growth. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.
Cocoa Bean Production in Southern Asia
In value terms, cocoa bean production expanded to $X in 2023 estimated in export price. In general, production, however, recorded buoyant growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.
India (X tons) constituted the country with the largest volume of cocoa bean production, accounting for X% of total volume. Moreover, cocoa bean production in India exceeded the figures recorded by the second-largest producer, Sri Lanka (X tons), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume in India amounted to X%.
The average cocoa bean yield shrank to X tons per ha in 2023, flattening at 2022 figures. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2019 when the yield increased by X% against the previous year. Over the period under review, the cocoa bean yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The cocoa bean harvested area declined slightly to X ha in 2023, stabilizing at the previous year. The total harvested area indicated perceptible growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cocoa bean harvested area increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to cocoa bean production reached the maximum at X ha in 2022, and then reduced slightly in the following year.
Cocoa Bean Exports
Exports in Southern Asia
In 2023, exports of cocoa beans in Southern Asia surged to X tons, growing by X% compared with the previous year's figure. In general, exports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2023, the growth of the exports remained at a lower figure.
In value terms, cocoa bean exports soared to $X in 2023. Overall, exports, however, showed a pronounced downturn. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
India was the key exporter of cocoa beans in Southern Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. Pakistan (X tons) ranks second in terms of the total exports with an X% share, followed by Sri Lanka (X%).
From 2012 to 2023, average annual rates of growth with regard to cocoa bean exports from India stood at X%. At the same time, Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. Pakistan (X p.p.) and Sri Lanka (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2023, respectively.
In value terms, India ($X) remains the largest cocoa bean supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value in India totaled X%. In the other countries, the average annual rates were as follows: Sri Lanka (X% per year) and Pakistan (X% per year).
Export Prices by Country
The export price in Southern Asia stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced mixed trends in the export price figures.
Cocoa Bean Imports
Imports in Southern Asia
In 2023, approx. X tons of cocoa beans were imported in Southern Asia; falling by X% on the year before. Over the period under review, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.
In value terms, cocoa bean imports declined rapidly to $X in 2023. Overall, imports saw a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
The countries with the highest levels of cocoa bean imports in 2023 were India (X tons), together resulting at X% of total import.
India was also the fastest-growing in terms of the cocoa beans imports, with a CAGR of X% from 2012 to 2023. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) constitutes the largest market for imported cocoa beans in Southern Asia.
In India, cocoa bean imports contracted by an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
In 2023, the import price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the cocoa bean market in Southern Asia. 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:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern Asia
- 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
- CONSUMPTION BY COUNTRY
- 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 VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 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, 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, 2012–2023
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