Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Angola - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Angola (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Angola (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Angola
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Angola
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Angola (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $650 per ton in 2022, approximately reflecting the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2016 a decrease of -29.2% against the previous year. Over the period under review, the average export prices attained the maximum at $7,077 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -19.4% per year.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Angola (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $3,785 per ton in 2022, with an increase of 4.2% against the previous year. Overall, the import price recorded perceptible growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 58% against the previous year. As a result, import price reached the peak level of $3,987 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($6,667 per ton), while the price for Namibia amounted to $1,494 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sao Tome and Principe (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Angola
Exports of cocoa beans; whole or broken, raw or roasteds from Angola totaled 27 tons in 2022, approximately mirroring 2021 figures. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds totaled $18K in 2022. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 17.8 | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 0.1 | N/A | 17.8 | 1234.2% | |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Angola in 2022:
- Netherlands (27.4 tons)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Angola
For the fourth year in a row, Angola recorded growth in overseas purchases of cocoa beans; whole or broken, raw or roasteds, which increased by 93% to 325 kg in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds soared to $1.2K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 6.0 | 51.0 | 91.0 | 960 | 442.9% |
| Namibia | 185 | 176 | 19.0 | 269 | 13.3% |
| China | N/A | N/A | 405 | N/A | 0% |
| South Africa | 56.0 | 93.0 | 36.0 | N/A | -19.8% |
| Italy | 44.0 | 82.0 | 40.0 | N/A | -4.7% |
| Others | 12.0 | 28.0 | 19.0 | 1.0 | -56.3% |
| Total | 303 | 430 | 610 | 1,230 | 59.5% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Angola in 2022:
- Namibia (180.0 kg)
- Portugal (144.0 kg)
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