Indonesia boosts cocoa butter exports to Australia and India to offset falling American purchases

IndexBox has just published a new report: ‘Indonesia – Cocoa Butter – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings. Indonesian cocoa butter exports remained robust in 2020, growing to $791M. The U.S., the Netherlands and India constitute the main markets for Indonesian cocoa butter, with a combined 49% share of the total exports. The supplies to the U.S. dropped by -20% y-o-y in value terms. Indonesia has compensated for these losses by boosting exports to Australia, India, Estonia, United Arab Emirates and the Netherlands. In 2020, approx. 144K tonnes of cocoa butter were exported from Indonesia, remaining constant against 2019. In value terms, cocoa butter exports rose from $785M in 2019 to $791M (IndexBox estimates) in 2020. Related Content: The U.S. (38K tonnes), the Netherlands (21K tonnes) and India (12K tonnes) were the main destinations of cocoa butter exports from Indonesia, with a combined 49% share of total ...