Market research

Cocoa butter market in Canada

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Canadian cocoa butter market saw its volume decline from 61 771 tonnes in 2018 to 59 763 tonnes in 2019, followed by a recovery to 63 859 tonnes in 2020.

Market volume grew to 67 231 tonnes in 2021, supported by strong demand in the Americas reflected in solid volume growth from major manufacturer Barry Callebaut. Expansion continued in 2022, reaching 73 937 tonnes, amid a global surge in cocoa prices due to supply deficits and heightened demand from the food and cosmetic industries.

In 2023, the market contracted to 66 679 tonnes as persistently high cocoa butter prices encouraged formulators to seek alternatives like shea butter, impacting domestic consumption.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Canada
  1. 5.1.1. Annual dynamics of production in Canada in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Canada 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 Canada in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Canada 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 Canada in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Canada 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 Canada, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Canada 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 Canada in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Canada 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 Canada in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Canada 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 Canada, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Canada by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Canada in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Canada by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Canada in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Canada by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production cocoa butter in Canada

In kind, 2017-2020, t

Canada ranked 11th globally in cocoa butter production from 2017 to 2020.

Top producers of cocoa butter, 2017-2020

Source: SHEV.io

World map of production of cocoa butter, 2017-2020

Source: SHEV.io

The market showed significant fluctuations during this period. Production levels varied by a factor of 2.2, with the lowest point in 2017 and the highest in 2020. In 2020, Canada produced 45 180 tonnes of cocoa butter, marking a 29.3% increase from the previous year. The largest decline occurred in 2019, at 9.7%, while the largest increase was in 2018, at 89.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	89.9%	(9.7%)	29.3%	30.4%

Source: SHEV.io

In value, 2017-2020, M $ US

The market displayed an unstable trend over these years. Production value fluctuated by a factor of 2.2, reaching its low in 2017 and its peak in 2020. In 2020, cocoa butter output in Canada was valued at 294.5 million US dollars, a 40.1% increase from 2019. The largest decline was in 2019, at 10.0%, and the largest increase was in 2018, at 71.7%.

Annual dynamics of production in Canada in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	71.7%	(10.0%)	40.1%	29.4%

Source: SHEV.io

Exports cocoa butter from Canada

Exports in kind, t

Market performance exhibited notable fluctuations during this period. Exports varied by a factor of 6.9, with the lowest level in 2018 and the highest in 2020. In 2020, Canada exported 9 577 tonnes of cocoa butter, a dramatic rise of 442.8% from the previous year. The minimum value was recorded in 2018 at 1 394 tonnes, and the largest decline that year was 49.9%.

Annual dynamics of product's exports from Canada in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(49.9%)	26.5%	442.8%	51.0%

Source: SHEV.io

From 2017 to 2020, the United States and Italy dominated cocoa butter exports in volume, together accounting for 99.2% of total flows.

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

Source: SHEV.io

World map of product's exports from Canada in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Volatility characterized the market during these years. Export value fluctuated by a factor of 7.4, with the low in 2018 and the peak in 2020. In 2020, Canada's cocoa butter exports totaled 62.4 million US dollars, a sharp increase of 488.2% year-over-year. The minimum value was in 2018 at 8.4 million US dollars, with the largest decline that year at 54.7%.

Annual dynamics of product's exports from Canada in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(54.7%)	26.1%	488.2%	49.8%

Source: SHEV.io

Over 2017–2020, the United States and Italy formed a duopoly in cocoa butter export value, jointly holding 99.3% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Canada in value, 2017-2020

Source: SHEV.io

Imports cocoa butter to Canada

Imports in kind, t

Cocoa butter imports into Canada increased for the second consecutive year. In 2020, imports reached 28 255 tonnes, a moderate rise of 6.3% year-over-year. From 2017 to 2020, imports decreased by 3.3%, equivalent to an annualized rate of 1.1%. The minimum value was recorded in 2018 at 24 492 tonnes, with the largest decline that year at 16.2%, while the largest increase was in 2019 at 8.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(16.2%)	8.6%	6.3%	(1.1%)

Source: SHEV.io

From 2017 to 2020, Indonesia (32.4% of import volume), the United States (30.6%), and Malaysia (17.5%) were the main sources for cocoa butter imports into Canada, together accounting for 80.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Cocoa butter import value into Canada rose for the second year in a row. In 2020, imports amounted to 175.9 million US dollars, a modest increase of 3.6% from 2019. Over the 2017-2020 period, imports grew by 6.7%, with a compound annual growth rate of 2.2%. The minimum value was in 2018 at 160.4 million US dollars, with the largest decline that year at 2.7%, and the largest increase in 2019 at 5.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.7%)	5.9%	3.6%	2.2%

Source: SHEV.io

From 2017 to 2020, the United States (35.3% of import value), Indonesia (27.5%), and Malaysia (19.1%) were the primary sources in the geographical breakdown of cocoa butter imports into Canada, jointly representing 81.9% of total flows.

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

Source: SHEV.io

World map of product's imports to Canada in value, 2017-2020

Source: SHEV.io