Cocoa butter market in Israel

Earlier Report Observations

The cocoa butter market in Israel expanded from 6.1 thousand tons in 2018 to a peak of 7.8 thousand tons in 2022, driven by steady increases in both domestic production and imports. This growth period saw the preparation of a draft Israeli standard for cocoa butter in 2018, which set the stage for updated quality specifications in the industry.

After reaching its highest point, the market volume contracted by 14.8% to 6.6 thousand tons in 2023. In 2024, global cocoa shortages and sharply rising prices—due largely to adverse weather in West Africa—began to affect the Israeli market, reflected in a 30.6% jump in import volumes as buyers secured supplies amid supply chain pressures. The Israeli Standards Institute also updated relevant standards for cocoa products in September 2024, introducing new labeling and quality requirements.

Production cocoa butter in Israel

In kind, 2017-2020, t

Top producers of cocoa butter, 2017-2020

World map of production of cocoa butter, 2017-2020

Cocoa butter production in Israel increased for the second consecutive year. In 2020, Israel produced 2,608 tons of cocoa butter, marking a 14.4% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 17.3%, with a compound annual growth rate of 5.5%. The lowest production level was recorded in 2018 at 2,167 tons, which also saw the largest decline of 2.6%.

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

In value, 2017-2020, K $ US

Cocoa butter production in Israel increased for the second consecutive year. In 2020, the output of cocoa butter in Israel was valued at 15,746 thousand US dollars, showing a solid uptick of 17.9% over the previous year. Between 2017 and 2020, however, production decreased by 15.8%, equating to an annualized decline of 5.6%. The minimum value was recorded in 2018 at 13,016 thousand US dollars, which also experienced the largest decline of 30.4%.

Annual dynamics of production in Israel in value, 2017-2020, K $ US

Exports cocoa butter from Israel

Exports in kind, t

There were noticeable fluctuations in market performance during the period. The lowest exports were observed in 2019 at 1 ton, while the highest were in 2018 at 24 tons, reflecting a 28-fold gap between these years. In 2020, Israel's cocoa butter exports amounted to 2 tons, up by 152.3% compared to the previous year. The largest decline was recorded in 2019 at 96.4%.

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

Throughout 2017–2020, the United States clearly dominated Israel's cocoa butter exports in kind, accounting for 75.5% of total flows, while other countries each held significantly smaller shares.

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

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

Exports in value, K $ US

The market showed signs of volatility over the observed period. The lowest exports were observed in 2019 at 5 thousand US dollars, while the highest were in 2018 at 144 thousand US dollars, reflecting a 29-fold gap between these years. In 2020, cocoa butter volumes leaving Israel totaled 13 thousand US dollars, reflecting an increase of 160.0% compared to 2019. The largest decline was recorded in 2019 at 96.5%.

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

Over 2017–2020, the United States consistently accounted for 73.0% of Israel's total cocoa butter exports in value terms, indicating a high concentration on this market, while the rest was shared among other countries.

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

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

Imports cocoa butter to Israel

Imports in kind, t

Israel's cocoa butter import volume increased for the second consecutive year. In 2020, Israel imported 4,874 tons of cocoa butter, representing a measured improvement of 8.5% versus the previous year. Between 2017 and 2020, imports increased by 7.1%, equating to an annualized growth rate of 2.3%. The minimum value was recorded in 2018 at 3,928 tons, which also saw the largest decline of 13.7%. The largest increase was recorded in 2019 at 14.4%.

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

In 2017–2020, the country structure of Israel's cocoa butter imports in kind was strongly concentrated on Singapore and Indonesia, which together accounted for 82.0% of total flows, with other partners forming a residual tail.

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

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

Imports in value, K $ US

Cocoa butter shipments to Israel from abroad increased for the second consecutive year. In 2020, import volume tallied 28,705 thousand US dollars, which is 12.1% above the previous year. Between 2017 and 2020, imports increased by 9.6%, equating to an annualized growth rate of 3.1%. The minimum value was recorded in 2018 at 22,525 thousand US dollars, which also experienced the largest decline of 14.0%. The largest increase was recorded in 2019 at 13.6%.

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

Throughout 2017–2020, Singapore and Indonesia concentrated 81.9% of Israel's total cocoa butter imports in value terms, while the remaining share was distributed among other destinations with smaller individual contributions.

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

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