Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Iraq - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Iraq (CIF) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Iraq
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Iraq (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $5,182 per ton in 2022, with an increase of 2.8% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa beans; whole or broken, raw or roasteds increased by +5.8% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 65%. As a result, import price attained the peak level of $7,844 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 Lebanon ($5,899 per ton), while the price for Turkey stood at $2,810 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+3.6%).
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Iraq
Imports of cocoa beans; whole or broken, raw or roasteds into Iraq surged to 181 kg in 2022, jumping by 93% against 2021. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,780% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds soared to $938 in 2022. Over the period under review, imports recorded significant growth. 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 Iraq (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 228 | 21.0 | 409 | 820 | 53.2% |
| Turkey | 12.0 | 4.0 | 65.0 | 118 | 114.2% |
| Others | N/A | 312 | N/A | N/A | 0% |
| Total | 240 | 337 | 474 | 938 | 57.5% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Iraq in 2022:
- Lebanon (139.0 kg)
- Turkey (42.0 kg)
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This report provides an in-depth analysis of the cocoa bean market in Iraq.
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This report provides an in-depth analysis of the global cocoa bean market.
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