Not defatted cocoa paste market in Malaysia

Earlier Report Observations

From 2018 to 2023, Malaysia's production of not defatted cocoa paste more than doubled, rising from 152.5 thousand tons to 343.1 thousand tons. In value terms, production increased from 522 million US dollars to 1 292 million US dollars over the same period. The domestic market size in volume grew from 137.3 thousand tons to 317.5 thousand tons, while in value it expanded from 454 million US dollars to 1 197 million US dollars.

During this time, imports of not defatted cocoa paste fell substantially, from 16.6 thousand tons to 6.6 thousand tons in volume and from 42 million US dollars to 27 million US dollars in value. Exports showed a general upward trend, increasing from 31.8 thousand tons to 32.1 thousand tons in volume and from 109 million US dollars to 121 million US dollars in value by 2023.

The trade data for 2024 and 2025 indicates a continuation of these patterns, with imports declining further to 5.3 thousand tons in 2025 and exports surging to 55.3 thousand tons, suggesting a strengthening export orientation for the Malaysian cocoa paste industry.

Production not defatted cocoa paste in Malaysia

In kind, 2018-2021, K t

On a global scale, Malaysia ranked as the 7th largest producer of not defatted cocoa paste from 2018 to 2021.

Top producers of not defatted cocoa paste, 2018-2021

World map of production of not defatted cocoa paste, 2018-2021

Malaysia's production of not defatted cocoa paste grew for the third consecutive year. In 2021, the country produced 289.6 thousand tonnes, representing a 24.9% increase compared to 2020. Over the 2018-2021 period, production surged by 89.8%, with a compound annual growth rate of 23.8%.

Annual dynamics of production in Malaysia in kind, 2018-2021, K t

In value, 2018-2021, M $ US

The value of not defatted cocoa paste production in Malaysia rose for the third year in a row. In 2021, output was valued at 1 157 million US dollars, up by 21.1% from the previous year. From 2018 to 2021, production value increased by 121.8%, with a compound annual growth rate of 30.4%.

Annual dynamics of production in Malaysia in value, 2018-2021, M $ US

Exports not defatted cocoa paste from Malaysia

Exports in kind, t

In 2021, Malaysia's exports of not defatted cocoa paste reached 30 708 tonnes, showing a sharp increase of 33.2% compared to 2020. Over the 2018-2021 period, exports decreased by 3.6%, with a compound annual growth rate of 1.2%. The highest volume was recorded in 2019 at 33 386 tonnes, while the lowest was in 2020 at 23 051 tonnes. The largest decline occurred in 2020, with a drop of 31.0%.

Annual dynamics of product's exports from Malaysia in kind, 2018-2021, t

From 2018 to 2021, Singapore, Japan, and Australia formed the core markets for Malaysia's not defatted cocoa paste exports in volume terms. Singapore accounted for 29.4% of exports, Japan for 20.6%, and Australia for 10.6%, together representing 60.6% of total flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Malaysia in kind, 2018-2021

Exports in value, M $ US

In 2021, Malaysia's not defatted cocoa paste exports in value terms reached 122.7 million US dollars, a 29.1% increase from the previous year. Over the 2018-2021 period, export value grew by 12.7%, with a compound annual growth rate of 4.1%. The lowest value was recorded in 2020 at 95.0 million US dollars, with the largest decline that year at 20.1%.

Annual dynamics of product's exports from Malaysia in value, 2018-2021, M $ US

Throughout 2018-2021, Singapore, Japan, and Australia remained the primary markets for Malaysia's not defatted cocoa paste exports in value terms. Singapore held 29.9% of exports, Japan 20.1%, and Australia 11.2%, collectively accounting for 61.2% of total flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Malaysia in value, 2018-2021

Imports not defatted cocoa paste to Malaysia

Imports in kind, t

Malaysia's imports of not defatted cocoa paste declined for the second consecutive year. In 2021, imports totalled 5 861 tonnes, marking an 11.6% decrease from the previous year. Over the 2018-2021 period, imports fell by 64.8%, with a compound annual growth rate of 29.4%. The highest volume was recorded in 2019 at 18 148 tonnes, with the largest decline in 2020 at 63.5% and the largest increase in 2019 at 9.0%.

Annual dynamics of product's imports to Malaysia in kind, 2018-2021, t

From 2018 to 2021, Indonesia, Ghana, and Singapore accounted for the largest share of Malaysia's not defatted cocoa paste imports in volume terms. Indonesia represented 53.3% of imports, Ghana 17.2%, and Singapore 11.7%, together comprising 82.2% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Malaysia in kind, 2018-2021

Imports in value, M $ US

Malaysia's imports of not defatted cocoa paste in value terms declined for the second year in a row. In 2021, imports totalled 20.5 million US dollars, a slight decrease of 0.9% compared to 2020. Over the 2018-2021 period, import value dropped by 50.8%, with a compound annual growth rate of 21.1%. The highest value was recorded in 2019 at 52.6 million US dollars, with the largest decline in 2020 at 60.7% and the largest increase in 2019 at 26.4%.

Annual dynamics of product's imports to Malaysia in value, 2018-2021, M $ US

In 2018-2021, Indonesia, Singapore, and Ghana accounted for the largest share of Malaysia's not defatted cocoa paste imports in value terms. Indonesia held 57.1% of imports, Singapore 18.0%, and Ghana 17.1%, together comprising 92.3% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Malaysia in value, 2018-2021