Indonesia's Cocoa Exports Surge in 2025 Driven by Global Price Increases

Significant Value Growth

Indonesia's cocoa export value experienced a substantial 57.1% increase to US$3.11 billion in the first ten months of 2025 compared to the same period in 2024. This significant growth was primarily driven by global price increases across various cocoa products. The Indonesian Cocoa Council (Dekaindo) reported that higher prices were observed in all types of cocoa products, including beans, paste, butter, powder, and chocolate.

Price vs. Volume Drivers

While the export value showed a dramatic increase, the export volume only rose marginally from 284.4 million kg to 287.5 million kg. This indicates that the higher export value was mainly driven by price increases rather than significant growth in export volumes. According to Soetanto Abdullah, Chairman of Dekaindo, "There was indeed a price increase across all types of cocoa products," highlighting the market dynamics behind the export value growth.

Market Implications

The significant increase in cocoa export value is positive for Indonesia's trade balance and cocoa industry stakeholders. However, the marginal increase in export volume suggests that production and supply chain factors may be limiting further growth. The industry will need to monitor both global price trends and domestic production capacity to maintain this momentum in the coming year.