Cocoa: The Global Market

LMC’s Cocoa: the global market delivers the global outlook for cocoa beans, butter, liquor & powder. The report provides forecasts of cocoa beans for the next 10 years and for products for the next 5 years, globally and for the world’s key markets.

The volatility of cocoa prices over the last 12 months tells a story of uncertainty in the sector. There is a looming supply deficit, but there are also reports of weak demand growth. Going forward, what will the market look like? Will static yields, limited area for expansion and ageing trees (and ageing farmers!)  lead to a structural deficit?

Cocoa: the global market  draws on LMC’s 35 years of expertise in the cocoa sector, analysing both supply side and end-use markets.

Our cocoa economists consider the prospects for the industry going forward and deliver clear conclusions for the global outlook and for each of the major production and consumption markets.


The report presents analysis for cocoa beans of

  • Supply: production data and forecasts to 2026 for each of the major cocoa-producing countries

  • Consumption: demand trends and forecasts to 2026 by each of the major regions

  • Supply/Demand Balances: global supply deficit or production surplus forecasts to 2026

  • Trade: 10 years’ analysis of imports & exports by major country

  • Price Forecasts: cocoa beans 2017 - 2026

For butter, liquor & powder we deliver 10 year’s data analysis and 5-year forecasts of:

  • Demand by region – consumption data for 10 years and forecasts to 2021

  • Price ratios: cocoa butter and cocoa powder – 10 years’ data and forecasts to 2021

  • Trade: 10 years’ analysis of imports & exports by region and by volume and value

  • Production and consumption - global & regional

Consumption by chocolate confectionery category (unfilled, filled etc.,):     
  • EU, USA, Brazil, Russia & Japan


The report is available now.

For a more detailed description of the contents of each section, download the brochure.


You will receive:

Executive Summary
The report’s key findings and strategic conclusions

Main Report
Comprehensive analysis of the markets for cocoa beans and products, outlining their prospects over the next decade.

LMC Consultation
A day of consulting by one of our senior economists to present, discuss and interpret the report’s findings

For more information or to subscribe to the study, contact our Cocoa experts, or download the brochure.




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