What is the price of cocoa butter per kilogram/pound in Indonesia today?
The retail price range for Indonesia cocoa butter is between US$ 3.22 and US$ 4.68 per kilogram or between US$ 1.46 and US$ 2.12 per pound(lb). Click here to see today's exact prices of cocoa butter in Indonesia
The retail price range in Rupiah for cocoa butter is between IDR 53,619.50 and IDR 77,992.00 per kilogram or between IDR 24,317.23 and IDR 35,370.52 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia cocoa butter is between US$ 2.25 and US$ 3.28 per kilogram or between US$ 1.02 and US$ 1.49 per pound(lb).
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Indonesia Cocoa Butter Export Prices - Historical, Trends and Prediction
The export price of Cocoa Butter from Indonesia over the last five years has seen a steady increase. In 2017, the price per kilogram was 5.01 US dollars, which rose to 5.32 US dollars in 2018 and 5.42 US dollars in 2019. The price then saw a slight dip in 2020 to 5.47 US dollars, before dropping further to 4.7 US dollars in 2021 and 4.13 US dollars in 2022. Based on this trend, it is predicted that the export price of Cocoa Butter from Indonesia will be 4.02 US dollars in 2023 and 3.93 US dollars in 2024.The Indonesia cocoa butter exports are classified as:
- Cocoa butter, fat and oil (HS code 180400)
Indonesia Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price of Cocoa Butter into Indonesia has seen a steady increase over the past five years. In 2017, the price was 5.01 US$ per kg, which increased to 5.32 US$ per kg in 2018. In 2019, the price rose to 5.42 US$ per kg and further increased to 5.47 US$ per kg in 2020. The price then dropped to 4.7 US$ per kg in 2021 and further decreased to 4.13 US$ per kg in 2022. Based on this trend, it is predicted that the import price of Cocoa Butter into Indonesia will be 3.86 US$ per kg in 2023 and 3.59 US$ per kg in 2024.Export values for Indonesia cocoa butter
The total values in export for cocoa butter in Indonesia were US$ 697,860, US$ 681,062, US$ 824,048 and US$ 785,448 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across Asia: Kazakhstan cocoa butter, Kyrgyzstan cocoa butter, Tajikistan cocoa butter, Turkmenistan cocoa butter, Uzbekistan cocoa butter, China cocoa butter, Hong Kong cocoa butter, Macao cocoa butter, North Korea cocoa butter & Mongolia cocoa butter.
Indonesia cocoa butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 144,985 tonnes of cocoa butter. Across 2019 alone, the demand for Indonesia cocoa butter (processed category) has decreased, changing by -6.476 pc compared to the year 2018. Between 2017 and 2019, cocoa butter's exports went up by 6.7 pc netting the country US$785.45m for the year 2019. Indonesia's cocoa butter exports are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
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Indonesia cocoa butter export values
In 2019, Indonesia shipped cocoa butter worth 785.45m USD, a decrease of -4.68% from 2018's total cocoa butter export of 824.048m USD. The annual change in value of Indonesia cocoa butter between 2017 to 2018 was 20.995 percent.
The annual variation in the amount of Indonesia's cocoa butter exports between 2017 and 2019 was 6.7% when compared to a variation of -6.476% in the growth rate between 2018 and 2019.
Export markets for Indonesia cocoa butter ( in '000$ )
Indonesia's best performing export markets for cocoa butter are US, the Netherlands, India, Estonia and Germany.
Indonesia procured 2,098 tonnes of cocoa butter in 2019.