Market research

Cocoa butter market in Argentina

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The cocoa butter market in Argentina, entirely dependent on imports, experienced volatility driven by global supply conditions. In 2018, rising consumer interest in premium and sustainable chocolate supported a market volume of 12.7 thousand t. However, in 2019, concerns over speculation on international futures markets and adverse weather in key African producing countries tightened global availability, reducing the market to 10.3 thousand t.

Market recovery began in 2020, as increased demand for premium chocolate and personal care products during the pandemic offset global supply chain disruptions, lifting volume to 11.9 thousand t. This growth accelerated sharply in 2021–2022, fueled by the expanding local chocolate industry's focus on organic, traceable ingredients and growing exports to neighboring countries. Consequently, the market reached 16.8 thousand t in 2022.

In 2023, the market contracted to 15.8 thousand t, primarily influenced by production instability in West Africa and fluctuating global cocoa prices, which constrained supply and affected importer costs.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Argentina
  1. 5.1.1. Annual dynamics of production in Argentina in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Argentina in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/kg
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, M $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, M $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production cocoa butter in Argentina

In kind, 2017-2020, t

Argentina was among the world's leading producers of cocoa butter from 2017 to 2020, ranking 30th globally by production volume.

Top producers of cocoa butter, 2017-2020

Source: SHEV.io

World map of production of cocoa butter, 2017-2020

Source: SHEV.io

In 2020, Argentina produced 3 575 tons of cocoa butter, representing an 11.7% increase compared to the previous year. Over the 2017-2020 period, production declined by 5.5%, with a compound annual growth rate of -1.9%. Production reached its lowest point in 2019 at 3 201 tons, while the peak was recorded in 2018 at 3 815 tons. The most significant drop occurred in 2019, with a 16.1% decrease.

Annual dynamics of production in Argentina in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.9%	(16.1%)	11.7%	(1.9%)

Source: SHEV.io

Exports cocoa butter from Argentina

Based on compiled industry data, Argentina did not export any cocoa butter between 2017 and 2020.

Imports cocoa butter to Argentina

Imports in kind, t

In 2020, Argentina imported 8 346 tons of cocoa butter from abroad, marking a 17.3% rise from the previous year. Over the 2017-2020 period, imports fell by 4.1%, with a compound annual growth rate of -1.4%. Imports hit their lowest level in 2019 at 7 117 tons, while the highest was in 2018 at 8 924 tons. The sharpest decline was in 2019, with a 20.3% drop.

Annual dynamics of product's imports to Argentina in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.5%	(20.3%)	17.3%	(1.4%)

Source: SHEV.io

From 2017 to 2020, Brazil dominated Argentina's cocoa butter imports in volume, accounting for 95.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Argentina in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, the value of cocoa butter imports into Argentina reached 47 195 thousand US dollars, an 8.8% increase from 2019. Over the 2017-2020 period, import value decreased by 8%, with a compound annual growth rate of -2.8%. The lowest value was recorded in 2019 at 43 384 thousand US dollars, while the peak was in 2018 at 53 250 thousand US dollars. The largest decline occurred in 2019, with an 18.5% fall.

Annual dynamics of product's imports to Argentina in value, 2017-2020, K $ US