Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil - 2024
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $2,575 per ton in 2022, reducing by -8.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $3,256 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 Ghana ($5,218 per ton), while the price for Cote d'Ivoire stood at $2,572 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+8.3%).
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $3,820 per ton, shrinking by -3.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 36% against the previous year. As a result, the export price reached the peak level of $4,199 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($6,323 per ton), while the average price for exports to Japan ($3,355 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil
Imports of cocoa beans; whole or broken, raw or roasteds into Brazil reduced markedly to 11K tons in 2022, with a decrease of -80.9% on the year before. Over the period under review, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of 60K tons, and then declined remarkably in the following year.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds declined rapidly to $29M in 2022. Overall, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports reached the peak of $169M, and then contracted sharply in the following year.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 124 | 63.0 | 47.1 | 29.4 | -38.1% |
| Ghana | 11.5 | 60.9 | 122 | 0.1 | -79.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 136 | 124 | 169 | 29.4 | -40.0% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Brazil in 2022:
- Cote d'Ivoire (11.4K tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil
In 2022, the amount of cocoa beans; whole or broken, raw or roasteds exported from Brazil soared to 689 tons, growing by 22% compared with 2021. The total export volume increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds soared to $2.6M in 2022. The total export value increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,236 | 1,478 | 1,134 | 1,594 | 8.8% |
| Switzerland | 152 | N/A | 128 | 450 | 43.6% |
| France | 278 | 294 | 471 | 384 | 11.4% |
| Netherlands | 37.1 | 389 | 308 | 88.2 | 33.5% |
| Belgium | 7.0 | 242 | 137 | 67.7 | 113.1% |
| United States | 110 | 47.8 | 47.0 | 38.8 | -29.3% |
| Others | 41.6 | 0.7 | 21.2 | 11.3 | -35.2% |
| Total | 1,861 | 2,451 | 2,247 | 2,633 | 12.3% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Brazil in 2022:
- Japan (475.0 tons)
- Switzerland (106.4 tons)
- France (67.0 tons)
- Netherlands (19.2 tons)
- Belgium (10.7 tons)
- United States (8.6 tons)
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This report provides an in-depth analysis of the cocoa bean market in Brazil.
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This report provides an in-depth analysis of the global cocoa bean market.
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This report provides an in-depth analysis of the cocoa bean market in Brazil.
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This report provides an in-depth analysis of the global cocoa bean market.
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Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
