Cocoa butter market in Samoa

Earlier Report Observations

The market volume for cocoa butter in Samoa showed considerable variation from 2018 to 2023. It began at 159.2 t in 2018, declined to 149.1 t in 2019, then rose to 162.2 t in 2020. A severe contraction followed in 2021, with volume dropping to 118.2 t, before a robust recovery to 155.4 t in 2022 and a further increase to 163.2 t in 2023.

The sharp market decline in 2021 was directly tied to a 14.6% decrease in the volume of agricultural products supplied to local markets during the first seven months of the 2020/21 period. This shortage of raw materials, a lingering effect of COVID-19 restrictions, reduced the availability of cocoa beans for processing. The subsequent rebound in 2022 aligned with reported increases of 13% and 21% in the volume of agricultural products at local markets in August and October, signaling a sector-wide recovery that lifted cocoa butter production.

Market growth continued in 2023, supported by a 6.1% rise in international cocoa prices that January, which improved incentives for local production. Throughout this period, the Samoa Koko Industry Association, with backing from the Ministry of Agriculture and Fisheries, actively promoted export markets for boutique cocoa products, providing underlying industry structure despite the pandemic's disruptive impact on supply chains in 2020 and 2021.

Production cocoa butter in Samoa

In kind, 2017-2020, t

Top producers of cocoa butter, 2017-2020

World map of production of cocoa butter, 2017-2020

In 2019, Samoa's cocoa butter production reached its lowest point at 148.9 tonnes, declining by 6.4% from the previous year. However, production rebounded in 2020 to 162.0 tonnes, marking an 8.8% year-over-year increase. Over the entire 2017-2020 period, production grew by 7.9%, with an average annual growth rate of 2.6%.

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

Exports cocoa butter from Samoa

Exports in kind, kg

Samoa's cocoa butter exports showed significant fluctuations during this period. The lowest volume was recorded in 2018 at 107.0 kg, representing a 67.3% decline from the previous year. Exports then surged dramatically in 2019 to 485.1 kg, a 353.4% increase from 2018. The gap between the highest exports in 2019 and the lowest in 2018 was 4.5-fold.

Annual dynamics of product's exports from Samoa in kind, 2017-2020, kg

From 2017 to 2020, Samoa's cocoa butter exports were concentrated in three main markets. New Zealand accounted for 57.5% of exports, the United States for 17.4%, and American Samoa for 15.6%. Together, these three destinations absorbed 90.5% of Samoa's total cocoa butter exports, making them the primary export markets.

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

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

Exports in value, $ US

Export values showed considerable volatility during these years. The lowest value was recorded in 2018 at 170 US dollars, representing a 96.5% decline from the previous year. In 2019, exports rebounded sharply to 1,851 US dollars, a 987.8% year-over-year increase. The gap between the peak in 2017 and the trough in 2018 was 29-fold.

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

Between 2017 and 2020, the United States and New Zealand dominated Samoa's cocoa butter exports in value terms. Together, these two markets accounted for 83.1% of total export value, with the remaining share distributed among other markets.

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

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

Imports cocoa butter to Samoa

Imports in kind, kg

Import volumes displayed irregular patterns, indicating a volatile market environment. The peak was reached in 2019 at 671.7 kg, representing a 180.3% increase from the previous year. In 2020, imports fell to their lowest point, declining by 70.2% from 2019. The swing between the 2019 peak and 2020 trough was 3.4-fold.

Annual dynamics of product's imports to Samoa in kind, 2017-2020, kg

From 2017 to 2020, Samoa's cocoa butter imports in kind came exclusively from two sources. New Zealand and the United States together accounted for 100.0% of total import volumes, maintaining their position as the dominant suppliers.

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

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

Imports in value, $ US

Import values followed an unstable trend throughout the period. The maximum value was recorded in 2019 at 3,292 US dollars, representing a 71.0% increase from the previous year. In 2020, imports fell sharply to 577 US dollars, an 82.5% decline from 2019. The gap between the 2019 peak and 2020 trough was 5.7-fold.

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

During the 2017-2020 period, New Zealand and the United States remained the primary sources for Samoa's cocoa butter imports in value terms. Together, these two countries accounted for 100.0% of total import value.

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

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