Market research

Not defatted cocoa paste market in the Philippines

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for not defatted cocoa paste in the Philippines grew from 4 530 т in 2018 to 4 912 т in 2019, supported by increasing cafes and restaurants offering chocolate drinks and a wellness trend that positioned cocoa as a health food, alongside strategic guidance from the Department of Agriculture's Philippine Cacao Industry Roadmap.

Following a contraction to 4 080 т in 2020, the market rebounded to 5 044 т in 2021. This recovery was driven by the Department of Science and Technology's program to upgrade local cacao production, which included improving fermentation techniques, installing solar dryers, and providing new processing equipment for traditional tablea.

Market expansion continued, reaching 6 871 т in 2022 and 7 164 т in 2023. This sustained growth was fueled by ongoing consumer demand for cocoa products and the industry's focus on developing value-added offerings to enhance competitiveness, within a sector dominated by smallholder farmers and small to medium enterprises.

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 the Philippines
  1. 5.1.1. Annual dynamics of production in the Philippines in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in the Philippines 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 the Philippines in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from the Philippines 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, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, K $ 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/kg
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 the Philippines in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from the Philippines 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, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, K $ 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/kg
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 the Philippines in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to the Philippines 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, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, K $ 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/kg
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 the Philippines in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to the Philippines 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, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, K $ 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ 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 the Philippines

In kind, 2017-2020, 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

The Philippines experienced a second consecutive year of decline in not defatted cocoa paste production. In 2020, production reached 3 484 tonnes, marking a 13.5% decrease from 2019. Looking at the period from 2017 to 2020, overall production grew by 9.4%, which translates to an average annual increase of 3.0%. The highest production volume was recorded in 2018 at 4 123 tonnes, with the largest year-on-year growth also occurring in 2018 at 29.4%.

Annual dynamics of production in the Philippines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	29.4%	(2.3%)	(13.5%)	3.0%

Source: SHEV.io

Exports not defatted cocoa paste from the Philippines

Exports in kind, t

The market showed significant volatility during these years. Export volumes reached their lowest point in 2018 and peaked in 2020, representing a 27-fold difference between these extremes. In 2020, the Philippines exported 47.7 tonnes of not defatted cocoa paste, which was a dramatic 81.1% decline compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(81.1%)	n/a	n/a	72.9%

Source: SHEV.io

From 2017 to 2020, the export pattern for not defatted cocoa paste was largely shaped by Asia, not elsewhere specified, and Australia, which together accounted for 99.5% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market displayed an unstable trend throughout this period. Export values hit their lowest point in 2018 and reached a peak in 2020, showing a 32-fold variation. In 2020, the value of not defatted cocoa paste exports from the Philippines was 122 thousand US dollars, reflecting a substantial 92.4% decrease from 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(92.4%)	n/a	n/a	34.9%

Source: SHEV.io

Between 2017 and 2020, Asia, not elsewhere specified remained the primary destination for not defatted cocoa paste exports from the Philippines, accounting for 73.0% of total export value, while the remainder was distributed among other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports not defatted cocoa paste to the Philippines

Imports in kind, t

Market performance showed noticeable fluctuations during this period. Import volumes varied by 2.4 times, with the minimum recorded in 2017 and the maximum in 2019. In 2020, the Philippines imported 643.9 tonnes of not defatted cocoa paste, representing a 27.0% decline year-over-year. The highest import volume was in 2019 at 882.5 tonnes, with the largest increase also occurring in 2019 at 115.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.1%	115.7%	(27.0%)	21.2%

Source: SHEV.io

Throughout 2017–2020, Singapore (38.4% of import volumes), Indonesia (37.4% of import volumes), and Ghana (12.2% of import volumes) formed the core of imports, together accounting for 88.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Import values reached their lowest point in 2018 and peaked in 2019, with a 2.4-fold gap between these years. In 2020, the Philippines imported approximately 2 670 thousand US dollars of not defatted cocoa paste, down by 18.5% from the prior year. The minimum value was recorded in 2018 at 1 351 thousand US dollars, while the maximum was in 2019 at 3 277 thousand US dollars, with the largest increase also in 2019 at 142.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(16.9%)	142.5%	(18.5%)	18.0%

Source: SHEV.io

From 2017 to 2020, Singapore (40.0% of import value), Indonesia (33.8% of import value), and Malaysia (15.0% of import value) were the main sources for imports in value terms, together accounting for 88.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io