Market research

Cocoa butter market in Colombia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

Colombia's cocoa butter market volume grew from 28,192 t in 2018 to 29,383 t in 2019. This upward trend was abruptly reversed in 2020 when the market contracted sharply to 13,647 t, representing a decline of more than half compared to the previous year.

Following the 2020 low, the market entered a recovery phase, with volume increasing to 14,077 t in 2021 and further to 15,391 t in 2022. By 2023, the market reached 15,689 t, still significantly below the pre-2020 levels, indicating a prolonged impact from the earlier disruption.

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 Colombia
  1. 5.1.1. Annual dynamics of production in Colombia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Colombia 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Colombia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Colombia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Colombia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Colombia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Colombia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Colombia by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Colombia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Colombia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Colombia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Colombia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Colombia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Colombia by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Colombia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Colombia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Colombia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Colombia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Colombia, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Colombia by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Colombia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Colombia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Colombia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Colombia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Colombia, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Colombia 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, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ 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 Colombia

In kind, 2017-2020, t

Between 2017 and 2020, Colombia ranked as the 13th largest producer of cocoa butter globally.

Top producers of cocoa butter, 2017-2020

Source: SHEV.io

World map of production of cocoa butter, 2017-2020

Source: SHEV.io

Colombia's cocoa butter production saw a decline after two years of growth. In 2020, production reached 18 325 tonnes, marking a sharp 44.8% decrease from the previous year. Over the 2017-2020 period, production fell by 37.4%, with an average annual decline of 14.4%. The peak was in 2019 at 33 204 tonnes, while the largest increase occurred in 2018 at 9.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.0%	4.1%	(44.8%)	(14.4%)

Source: SHEV.io

In value, 2017-2020, M $ US

Cocoa butter production in Colombia declined for the second year in a row. In 2020, the output was valued at 96.4 million US dollars, a 47.2% drop from the previous year. From 2017 to 2020, production decreased by 39.4%, translating to an annualized rate of 15.4%. The highest value was recorded in 2018 at 186.4 million US dollars, with the largest increase also in 2018 at 17.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.3%	(2.1%)	(47.2%)	(15.4%)

Source: SHEV.io

Exports cocoa butter from Colombia

Exports in kind, t

Colombia's cocoa butter exports grew for the third consecutive year. In 2020, exports totaled 4 682 tonnes, a significant 22.2% increase compared to 2019. Between 2017 and 2020, exports rose by 47.9%, with an average annual growth rate of 13.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.6%	2.9%	22.2%	13.9%

Source: SHEV.io

From 2017 to 2020, the Netherlands, Germany, and the United States were the leading destinations for Colombia's cocoa butter exports in volume terms. The Netherlands accounted for 27.7% of exports, Germany for 17.1%, and the United States for 15.7%, together making up 60.5% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, Colombia's cocoa butter export value reached 24 628 thousand US dollars, showing a solid 16.9% year-over-year increase. Over the 2017-2020 period, exports grew by 43.2%, with an average annual rate of 12.7%. The largest decline was in 2019 at 3.2%, while the largest increase was in 2018 at 26.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	26.5%	(3.2%)	16.9%	12.7%

Source: SHEV.io

During 2017-2020, the Netherlands, Germany, and the United States consistently remained the top destinations for Colombia's cocoa butter exports in value terms. The Netherlands held 26.5% of exports, Germany 16.2%, and the United States 15.8%, collectively accounting for 58.5% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports cocoa butter to Colombia

Imports in kind, t

Cocoa butter imports into Colombia declined for the second consecutive year. In 2020, imports totaled 4 tonnes, a steep 66.8% drop from the previous year. From 2017 to 2020, imports decreased by 68.6%, with an average annual decline of 32.0%. The peak was in 2018 at 18 tonnes, and the largest increase also occurred in 2018 at 37.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	37.8%	(31.4%)	(66.8%)	(32.0%)

Source: SHEV.io

From 2017 to 2020, Peru, the Netherlands, and Ecuador were the main suppliers of cocoa butter to Colombia in volume terms. Peru accounted for 61.0% of imports, the Netherlands for 14.7%, and Ecuador for 13.4%, together representing 89.1% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Cocoa butter imports into Colombia fell for the third year in a row. In 2020, imports were valued at approximately 30 thousand US dollars, a dramatic 73.4% decrease compared to 2019. Between 2017 and 2020, imports dropped by 81%, with an average annual decline of 42.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.8%)	(21.9%)	(73.4%)	(42.6%)

Source: SHEV.io

During 2017-2020, Peru, the Netherlands, and Ecuador formed the primary group of suppliers for Colombia's cocoa butter imports in value terms. Peru accounted for 49.6% of imports, the Netherlands for 22.7%, and Ecuador for 8.5%, with a combined share of 80.7% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io