Australia - Cocoa Paste - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCocoa Paste Price in Australia - 2023
Contents:
- Cocoa Paste Price in Australia (CIF) - 2023
- Cocoa Paste Price in Australia (FOB) - 2022
- Cocoa Paste Imports in Australia
- Cocoa Paste Exports in Australia
Cocoa Paste Price in Australia (CIF) - 2023
In July 2023, the average cocoa paste import price amounted to $4,397 per ton, surging by 3.6% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 9.3% month-to-month. Over the period under review, average import prices attained the maximum in July 2023.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Malaysia ($4,980 per ton) and Cote d'Ivoire ($4,705 per ton), while the price for Ghana ($3,863 per ton) and Indonesia ($3,864 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Paste Price in Australia (FOB) - 2022
In 2022, the average cocoa paste export price amounted to $2,239 per ton, shrinking by -5.2% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 7.8% against the previous year. Over the period under review, the average export prices hit record highs at $4,455 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.9% per year.
Cocoa Paste Imports in Australia
In 2022, the amount of cocoa paste imported into Australia expanded markedly to 22K tons, increasing by 5.6% compared with 2021. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cocoa paste imports dropped modestly to $94M in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $94M, leveling off in the following year.
Import of Cocoa Paste in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 35.0 | 39.6 | 45.5 | 49.0 | 11.9% |
Malaysia | 9.4 | 9.6 | 13.6 | 17.0 | 21.8% |
Ghana | 1.9 | 1.2 | 3.6 | 9.8 | 72.8% |
Indonesia | 5.3 | 3.4 | 7.4 | 8.3 | 16.1% |
Cote d'Ivoire | 7.2 | 8.3 | 12.1 | 6.8 | -1.9% |
Ecuador | 1.9 | 2.3 | 1.5 | 2.3 | 6.6% |
Chile | 5.7 | 7.2 | 9.4 | N/A | 28.4% |
Others | 1.1 | 1.5 | 1.3 | 0.8 | -10.1% |
Total | 67.4 | 73.0 | 94.3 | 94.0 | 11.7% |
Top Suppliers of Cocoa Paste to Australia in 2022:
- Singapore (11.3K tons)
- Malaysia (3.7K tons)
- Ghana (2.7K tons)
- Indonesia (2.1K tons)
- Cote d'Ivoire (1.7K tons)
- Ecuador (0.6K tons)
Cocoa Paste Exports in Australia
In 2022, the amount of cocoa paste exported from Australia contracted significantly to 31 tons, waning by -28.5% on 2021. Over the period under review, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year.
In value terms, cocoa paste exports contracted rapidly to $69K in 2022. Overall, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.
Export of Cocoa Paste in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 314 | 48.8 | 53.8 | 69.1 | -39.6% |
New Zealand | 85.6 | 25.3 | 35.5 | N/A | -35.6% |
Malaysia | 7.7 | 6.2 | 3.5 | N/A | -32.6% |
Netherlands | 72.2 | 7.1 | 2.6 | N/A | -81.0% |
Others | 3.7 | 1.4 | 6.5 | N/A | 32.5% |
Total | 483 | 88.9 | 102 | 69.1 | -47.7% |
Top Export Markets for Cocoa Paste from Australia in 2022:
- Singapore (30.9 tons)
This report provides an in-depth analysis of the cocoa paste market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cocoa paste market in Australia.
This report provides an in-depth analysis of the global cocoa paste market.
This report provides an in-depth analysis of the cocoa paste market in Australia.
This report provides an in-depth analysis of the global cocoa paste market.
After reaching a peak of 2.2K tons, imports of Cocoa Paste experienced a rapid decline in the subsequent month. In terms of value, Cocoa Paste imports decreased significantly to $6.8M in September 2023.
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
After reaching a peak of 2.2K tons, imports of Cocoa Paste experienced a rapid decline in the subsequent month. In terms of value, Cocoa Paste imports decreased significantly to $6.8M in September 2023.
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...