Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $5,692 per ton, growing by 137% against the previous year. In general, the export price showed measured growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -2.3% per year.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $18,000 per ton, picking up by 367% against the previous year. Overall, the import price saw significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($34,000 per ton), while the price for Uganda totaled $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+2.8%).
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya
After three years of growth, shipments abroad of cocoa beans; whole or broken, raw or roasteds decreased by 99.9% to 13 kg in 2022. Over the period under review, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 11%.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds dropped dramatically to $74 in 2022. Overall, exports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2020 when exports increased by 17%.
Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 2.4 | 2.0 | 0.8 | N/A | -42.3% |
Democratic Republic of the Congo | N/A | N/A | N/A | N/A | 0% |
India | 1.2 | 1.0 | 1.4 | N/A | 8.0% |
Indonesia | 13.6 | 17.2 | 16.1 | N/A | 8.8% |
Others | 0.2 | 0.3 | 2.7 | N/A | 267.4% |
Total | 17.5 | 20.5 | 21.0 | N/A | 9.5% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Kenya in 2022:
- Democratic Republic of the Congo (13.0 kg)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya
In 2022, imports of cocoa beans; whole or broken, raw or roasteds into Kenya declined rapidly to 2 kg, which is down by -99.9% against 2021 figures. In general, imports showed a sharp reduction. The smallest decline of -40.7% was in 2020.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds dropped rapidly to $36 in 2022. Over the period under review, imports saw a dramatic descent. The smallest decline of -29.5% was in 2020.
Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 32.5 | 22.8 | 11.3 | N/A | -41.0% |
United States | N/A | N/A | N/A | N/A | 0% |
Others | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
Total | 32.7 | 23.0 | 11.5 | N/A | -40.7% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Kenya in 2022:
- United States (1.0 kg)
- Uganda (1.0 kg)
This report provides an in-depth analysis of the cocoa bean market in Kenya.
This report provides an in-depth analysis of the global cocoa bean market.
This report provides an in-depth analysis of the cocoa bean market in Kenya.
This report provides an in-depth analysis of the global cocoa bean market.
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