Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $2,715 per ton, stabilizing at the previous year. In general, the export price, however, showed a pronounced slump. The growth pace was the most rapid in 2015 an increase of 25%. The export price peaked at $3,358 per ton in 2012; however, from 2013 to 2022, the 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 France ($3,519 per ton), while the average price for exports to the UK ($2,072 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 Turkey (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $3,281 per ton in 2022, rising by 28% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The growth pace was the most rapid in 2019 when the average import price increased by 62% against the previous year. The import price peaked at $4,032 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +168.5% per year.
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana
After two years of decline, shipments abroad of cocoa beans; whole or broken, raw or roasteds decreased by -8.6% to 465K tons in 2022. Overall, exports saw a abrupt slump.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds fell to $1.3B in 2022. In general, exports continue to indicate a deep slump.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 389 | N/A | 247 | 328 | -5.5% |
| Belgium | 124 | N/A | 122 | 189 | 15.1% |
| United States | 192 | N/A | 129 | 125 | -13.3% |
| Malaysia | 212 | N/A | 211 | 115 | -18.4% |
| France | 44.6 | N/A | 1.2 | 76.0 | 19.4% |
| Spain | 94.4 | N/A | 77.5 | 71.7 | -8.8% |
| Japan | 281 | N/A | 92.1 | 70.1 | -37.0% |
| Turkey | 67.9 | N/A | 76.4 | 68.2 | 0.1% |
| Germany | 71.8 | N/A | 51.9 | 62.1 | -4.7% |
| Canada | 39.5 | N/A | 32.4 | 49.9 | 8.1% |
| Italy | 44.4 | N/A | 38.6 | 34.7 | -7.9% |
| Estonia | 62.3 | N/A | 30.7 | 17.3 | -34.8% |
| China | 118 | N/A | 18.9 | 4.5 | -66.3% |
| Others | 111 | N/A | 242 | 49.4 | -23.7% |
| Total | 1,852 | N/A | 1,370 | 1,261 | -12.0% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Ghana in 2022:
- Netherlands (111.1K tons)
- Belgium (65.2K tons)
- United States (51.4K tons)
- Malaysia (51.2K tons)
- Japan (30.2K tons)
- Spain (29.2K tons)
- Germany (24.2K tons)
- France (21.6K tons)
- Turkey (19.6K tons)
- Canada (19.0K tons)
- Italy (13.2K tons)
- Estonia (6.0K tons)
- China (1.8K tons)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana
In 2022, purchases abroad of cocoa beans; whole or broken, raw or roasteds decreased by 99.9% to 12 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a sharp slump.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds dropped notably to $40 in 2022. In general, imports saw a abrupt decrease.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | N/A | 11.5 | N/A | 972.4% |
| Liberia | N/A | N/A | 248 | N/A | 0% |
| United Kingdom | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | 260 | N/A | 4999.0% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Ghana in 2022:
- United Kingdom (12.0 kg)
1154
This report provides an in-depth analysis of the cocoa bean market in Ghana.
12933
This report provides an in-depth analysis of the global cocoa bean market.
1154
This report provides an in-depth analysis of the cocoa bean market in Ghana.
12933
This report provides an in-depth analysis of the global cocoa bean market.
472
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.
2128
The closure of the HoReCa segment caused the demand for cocoa beans to collapse in 2020, while the production remained stable. This led to a surge in unsold cocoa bean stocks in exporter-countries. EU chocolate producers are now trying to enlist a range of measures to ensure stable demand and secure supply chains on the cocoa bean market.
686
In 2016, the amount of cocoa bean imported worldwide stood at X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
3582
In 2016, the global cocoa bean exports totaled X tons, falling by -X% against the previous year level. The total export volume increased at an average annual rate of +X% over the period from ...
6817
Global cocoa consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1633
In value terms, cocoa beans exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
10799
In value terms, cocoa beans imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some notic...
1852
In 2015, the countries with the highest levels of cocao production were Côte D'Ivoire (X thousand tons), Ghana (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1479
Côte d'Ivoire dominates in the global сocoa bean trade. In 2014, Côte d'Ivoire exported X thousand tons of сocoa beans totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
472
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.
