Analysis and Studies - Products analysis
Cocoa Butter: import and export
December 5th 2022
As a component of cacao beans, cocoa butter has centuries of history. Cocoa was most certainly discovered by the Olmecs in Mesoamerica and then also used by the Mayans in 600 BC and the Aztecs in 400 AD. These civilizations considered cocoa the symbol of abundance, brought to them by the God of their own religion.
The first European man who exported the plant to Europe was Hernando Cortez. With the Spanish Conquistadors, he colonized the native cultures and then exported the plant back home, developing chocolate all over the continent.
Cocoa butter was firstly extracted in 1828 thanks to the invention of the Cocoa press, created by Conrad Von Houten to extract a purer chocolate. In 2020, this smooth emollient used to protect skin and hair was the 440th most traded product in the world, with a total trade of $5.8B.
Between 2019 and 2020 cocoa butter registered a decrease of -1.09%, from $5.86B to $5.8B, representing 0.035% of total world trade. In 2020 the product was mostly exported by the Netherlands ($1.57B), Indonesia ($808M), Malaysia ($599M), Germany ($455M), and France ($437M). In the same year, the top importers were Germany ($832M), Belgium ($573M), United States ($566M), Netherlands ($507M), and France ($452M).
The countries where the export of cocoa butter grew the fastest between 2019 and 2020 include Canada ($54.8M), Estonia ($25.6M), France ($24.7M), Singapore ($24M), and Cameroon ($19.1M). In the meantime, the imports grew the fastest in France ($91.1M), United Kingdom ($38.3M), Poland ($26M), Italy ($22.7M), and Australia ($20.9M).
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