Market research

Cocoa powder and cake market in Canada

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Canadian cocoa powder and cake market volume exhibited volatility from 2018 to 2022, declining to 68 202 t in 2019 before recovering and reaching a peak of 88 199 t in 2022.

In 2023, the market volume contracted by 13% to 76 767 t. This decline was primarily driven by a sharp increase in global cocoa prices resulting from production challenges in West Africa, which raised supply costs and reduced consumption volume. Concurrently, evolving Canadian consumer preferences towards healthier options, such as low-sugar and organic cocoa powders, supported the development of premium market segments.

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 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. 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 Canada in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Canada 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, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, M $ 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/t
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 Canada in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Canada 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, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, M $ 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/t
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 Canada in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Canada 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, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Canada in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Canada by countries, 2018-2024, M $ 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Canada, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Canada by countries, 2018-2024, $ US/t
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 Canada in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Canada 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, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Canada in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Canada by countries, 2018-2024, M $ 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Canada, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Canada by countries, 2018-2024, $ US/t
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 powder and cake in Canada

In kind, 2017-2020, t

Between 2017 and 2020, Canada was one of the world's leading producers of cocoa powder and cake, ranking 15th globally by production volume.

Top producers of cocoa powder and cake, 2017-2020

Source: SHEV.io

World map of production of cocoa powder and cake, 2017-2020

Source: SHEV.io

The market showed significant volatility during this period. Production reached its lowest point in 2017 and peaked in 2020, with a 2.2-fold difference between these years. In 2020, Canada produced 57 502 tonnes of cocoa powder and cake, marking a sharp year-over-year increase of 29.3%. The largest decline occurred in 2019, at 9.7%, while the biggest increase was recorded in 2018, with a substantial 89.9% growth.

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

Exports cocoa powder and cake from Canada

Exports in kind, t

Export volumes experienced notable fluctuations from 2017 to 2020. The lowest level was recorded in 2019, while the highest was reached in 2017, showing a peak-to-trough ratio of 4 times. In 2020, Canada exported 6 515 tonnes of cocoa powder and cake, representing a significant year-over-year increase of 178.2%. The minimum value was 2 342 tonnes in 2019, which also saw the largest decline of 54.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(45.8%)	(54.2%)	178.2%	(11.6%)

Source: SHEV.io

From 2017 to 2020, Canada's exports in kind were heavily concentrated on the United States, which accounted for 71.0% of total flows, with other partners making up the remainder.

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, K $ US

Export values showed considerable volatility during the 2017-2020 period. The lowest point was in 2019, while the peak occurred in 2017, with a 3.2-fold fluctuation. In 2020, cocoa powder and cake exports from Canada were valued at 19 591 thousand US dollars, reflecting a substantial 187.0% increase compared to 2019. The minimum value was recorded in 2019 at 6 827 thousand US dollars, and the largest decline took place in 2018, with a 50.1% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(50.1%)	(36.9%)	187.0%	(3.4%)

Source: SHEV.io

Between 2017 and 2020, three key markets—the United States, Mexico, and Brazil—collectively accounted for 86.0% of the total export value of cocoa powder and cake from Canada.

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 powder and cake to Canada

Imports in kind, t

Imports of cocoa powder and cake into Canada declined for the third consecutive year in 2020, standing at 25 047 tonnes, which corresponds to a modest 3.9% decrease compared to 2019. Over the entire 2017-2020 period, imports fell by 49.7%, with a compound annual growth rate (CAGR) of -20.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(34.5%)	(20.1%)	(3.9%)	(20.5%)

Source: SHEV.io

From 2017 to 2020, the United States (32.6% of imports in kind), Côte d'Ivoire (19.6%), and the Netherlands (11.6%) were the main sources for cocoa powder and cake imports into Canada, together accounting for 63.8% of total import volumes.

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, K $ US

After two years of reduction, import values for cocoa powder and cake into Canada increased in 2020, reaching 70 190 thousand US dollars, which amounted to a 10.3% rise compared to 2019. Over the 2017-2020 period, imports decreased by 19.3%, with a CAGR of -6.9%. The minimum value was recorded in 2019 at 63 653 thousand US dollars, and the largest decline occurred in 2018, with a 24.5% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(24.5%)	(3.2%)	10.3%	(6.9%)

Source: SHEV.io

Throughout 2017-2020, the United States (26.9% of imports in value terms), the Netherlands (16.9%), and Côte d'Ivoire (15.8%) remained the primary markets for cocoa powder and cake imports into Canada, jointly representing 59.5% of total import 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