What is the price of cocoa butter per kilogram/pound in US today?
The retail price range for US cocoa butter is between US$ 8.57 and US$ 11.43 per kilogram or between US$ 3.89 and US$ 5.18 per pound(lb). Click here to see today's exact prices of cocoa butter in US
The retail price range in Euro for cocoa butter is between EUR 7.86 and EUR 10.48 per kilogram or between EUR 3.57 and EUR 4.75 per pound(lb) in Washington and New York.
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In 2024, the approximate wholesale price range for US cocoa butter is between US$ 6.00 and US$ 8.00 per kilogram or between US$ 2.72 and US$ 3.63 per pound(lb).
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US Cocoa Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Butter from the US has seen a steady increase over the last five years. In 2017, the price was 3.75 US dollars per kilogram, and by 2021, it had risen to 5.82 US dollars per kilogram. The highest price was recorded in 2021 at 5.82 US dollars per kilogram, while the lowest was in 2014 at 3.50 US dollars per kilogram. The current price is 5.72 US dollars per kilogram. Based on the current trend, it is predicted that the export price per kilogram of Cocoa Butter from the US will be 6.00 US dollars per kilogram in 2023 and 6.20 US dollars per kilogram in 2024.The US cocoa butter exports are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
US Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Butter into the US over the last five years has been relatively stable. In 2017, the price was $3.75, followed by a slight increase to $4.02 in 2018. In 2019, the price rose to $4.15 and then to $4.75 in 2020. The highest price was recorded in 2021, at $5.82, before dropping to $5.72 in 2022. Based on the data, it is predicted that the import price per kilogram of Cocoa Butter into the US will remain relatively stable in 2023 and 2024, with an estimated price of $5.72 and $5.82 respectively.Export values for US cocoa butter
The total values in export for cocoa butter in US were US$ 108,306, US$ 91,013, US$ 89,819 and US$ 101,421 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across North America: Canada cocoa butter, US cocoa butter, Anguilla cocoa butter, Antigua and Barbuda cocoa butter, Bermuda cocoa butter, Bonaire, Sint Eustatius and Saba cocoa butter, St.Pierre and Miquelon cocoa butter, United States Minor Outlying Islands cocoa butter, Cayman Islands cocoa butter & Greenland cocoa butter.
US cocoa butter - Production, Exports, Imports, Seasons and HS Codes
The quantity of cocoa butter exported by US in 2020 was 20,236 metric tonnes. In 2019 US exported 24,431 tonnes of cocoa butter. In 2019 alone, the market for US cocoa butter (processed category) has escalated, recording a change of 9.458 % compared to the year 2018. Between 2017 and 2019, cocoa butter's exports grew by 0.64 pc earning the country US$101.42m for the year 2019. US' cocoa butter exports are classified as:
- Cocoa butter, fat and oil (HS code 180400)
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US cocoa butter export values
In 2019, US shipped cocoa butter worth 101.42m USD, an improvement of 12.92% from 2018's total cocoa butter export of 89.819m USD. The annual change in value of US cocoa butter between 2017 to 2018 was -1.312 pc.
The yearly variation in the volume of US' cocoa butter exports between 2017 and 2019 was 0.64 percent when compared to a variation of 9.458% in the growth rate between 2018 and 2019.
Export markets for US cocoa butter ( in '000$ )
US' top destinations for cocoa butter are Canada, Mexico, Lebanon, the Netherlands and India.
US imported 114,572 tonnes of cocoa butter in 2019.