Market research

Not defatted cocoa paste market in MERCOSUR

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"MERCOSUR" region includes following countries:

Brazil

Argentina

Uruguay

Paraguay

Earlier Report Observations

The MERCOSUR not defatted cocoa paste market grew from 206 thousand tons in 2018 to 248 thousand tons in 2021. This expansion was primarily driven by a significant rise in Brazilian exports, supported by improvements in production quality and advantages from trade agreements within the bloc, which boosted domestic output and overall market volume.

After a contraction to 216 thousand tons in 2022, the market recovered to 236 thousand tons in 2023. During this period, international cocoa prices rose sharply due to global supply shortages, elevating the market value to over $1 billion. By 2024, record-high cocoa prices persisted, fueled by adverse weather and pests in West Africa, while Brazilian exports continued to grow amid new consumer segments and regulatory changes under the MERCOSUR-EU agreement.

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 MERCOSUR
  1. 5.1.1. Annual dynamics of production in MERCOSUR in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Brazil 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 not defatted cocoa paste in MERCOSUR

In kind, 2017-2020, K t

Top producers of not defatted cocoa paste, 2017-2020

Source: SHEV.io

World map of production of not defatted cocoa paste, 2017-2020

Source: SHEV.io

MERCOSUR's production of not defatted cocoa paste declined after two years of growth. In 2019, output reached its peak at 213.9 thousand tonnes, marking a 5.0% increase from the previous year. By 2020, production had dipped slightly to 213.6 thousand tonnes, showing minimal change compared to 2019. Over the 2017-2020 period, overall production rose by 6.7%, with an average annual growth rate of 2.2%.

Annual dynamics of production in MERCOSUR in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.8%	5.0%	(0.1%)	2.2%

Source: SHEV.io

In value, 2017-2020, M $ US

Not defatted cocoa paste production in MERCOSUR grew for the third year in a row. In 2020, the output was valued at 817.9 million US dollars, up 1.4% from the previous year. From 2017 to 2020, production increased by 10.6%, averaging 3.4% growth per year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.3%	7.5%	1.4%	3.4%

Source: SHEV.io

Exports not defatted cocoa paste from MERCOSUR

Exports in kind, t

Exports of not defatted cocoa paste from MERCOSUR fell for the third consecutive year. In 2020, export volumes stood at 5 173 tonnes, down 10.2% from 2019. Over the 2017-2020 period, exports dropped by 27%, with an average annual decline of 10.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.2%)	(13.3%)	(10.2%)	(10.0%)

Source: SHEV.io

From 2017 to 2020, Chile, the Netherlands, and the United States were the main destinations for MERCOSUR's not defatted cocoa paste exports by volume. Chile accounted for 13.1% of exports, the Netherlands for 7.2%, and the United States for 2.1%, together making up 22.3% 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 MERCOSUR in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

MERCOSUR's not defatted cocoa paste exports by value declined for the third year in a row. In 2020, exports totaled 19 811 thousand US dollars, an 8.8% decrease from the previous year. Between 2017 and 2020, exports fell by 24.4%, equivalent to an average annual drop of 8.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.6%)	(11.1%)	(8.8%)	(8.9%)

Source: SHEV.io

During 2017-2020, Chile, the Netherlands, and the United States remained the key destinations for MERCOSUR's not defatted cocoa paste exports by value. Chile represented 13.5% of exports, the Netherlands 7.1%, and the United States 2.3%, collectively accounting for 22.8% 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 MERCOSUR in value, 2017-2020

Source: SHEV.io

Imports not defatted cocoa paste to MERCOSUR

Imports in kind, t

After two years of decline, imports of not defatted cocoa paste into MERCOSUR increased. In 2019, imports hit their lowest point at 7 114 tonnes, a 15.5% drop from the previous year. By 2020, imports had risen to 7 880 tonnes, up 10.8% from 2019. Over the 2017-2020 period, imports decreased by 6.6%, with an average annual decline of 2.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.3%)	(15.5%)	10.8%	(2.3%)

Source: SHEV.io

From 2017 to 2020, imports of not defatted cocoa paste into MERCOSUR by volume were widely distributed across many countries. Ecuador, Colombia, and Italy were the top sources, with Ecuador accounting for 19.7% of imports, Colombia for 5.9%, and Italy for 4.3%, together representing 29.9% of total import volume. The remaining 70.1% was spread among numerous other nations.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Following a two-year downturn, MERCOSUR's imports of not defatted cocoa paste by value increased. In 2019, imports reached their minimum at 26 642 thousand US dollars, falling 16.1% from the previous year. By 2020, imports had climbed to 30 216 thousand US dollars, a 13.4% rise from 2019. Over the 2017-2020 period, imports decreased by 6.9%, with an average annual decline of 2.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.2%)	(16.1%)	13.4%	(2.4%)

Source: SHEV.io

Between 2017 and 2020, imports of not defatted cocoa paste into MERCOSUR by value were characterized by a broad market spread. Ecuador, Colombia, and Italy were the leading sources, with Ecuador making up 18.0% of imports, Colombia 6.4%, and Italy 5.1%, together accounting for 29.6% 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 MERCOSUR in value, 2017-2020

Source: SHEV.io