Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Peru - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Peru (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Peru (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Peru
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Peru
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Peru (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $2,474 per ton in 2022, shrinking by -7.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 20%. The export price peaked at $3,259 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($5,382 per ton), while the average price for exports to Indonesia ($2,239 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 Canada (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Peru (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $2,834 per ton in 2022, waning by -31.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. As a result, import price attained the peak level of $4,111 per ton, and then fell significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +29.6% per year.
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Peru
In 2022, exports of cocoa beans; whole or broken, raw or roasteds from Peru expanded remarkably to 65K tons, with an increase of 12% against the year before. The total export volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds rose modestly to $160M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 6.2%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 39.8 | 29.8 | 37.2 | 44.9 | 4.1% |
| Indonesia | 38.7 | 21.6 | 32.8 | 39.4 | 0.6% |
| Mexico | 7.7 | 6.0 | 8.7 | 17.8 | 32.2% |
| Malaysia | 9.5 | 9.9 | 13.0 | 15.5 | 17.7% |
| United States | 15.4 | 19.0 | 16.2 | 9.4 | -15.2% |
| Italy | 10.0 | 10.7 | 12.4 | 8.3 | -6.0% |
| Spain | 5.7 | 6.7 | 3.5 | 7.5 | 9.6% |
| Belgium | 10.0 | 25.8 | 17.9 | 5.9 | -16.1% |
| Others | 17.2 | 16.2 | 13.0 | 11.3 | -13.1% |
| Total | 154 | 146 | 155 | 160 | 1.3% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Peru in 2022:
- Netherlands (17.6K tons)
- Indonesia (17.6K tons)
- Mexico (7.7K tons)
- Malaysia (6.7K tons)
- United States (3.3K tons)
- Italy (3.1K tons)
- Spain (3.1K tons)
- Belgium (2.2K tons)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Peru
After two years of decline, supplies from abroad of cocoa beans; whole or broken, raw or roasteds increased by 1,143% to 171 tons in 2022. Over the period under review, imports, however, saw a sharp descent.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds skyrocketed to $486K in 2022. Overall, imports, however, continue to indicate a precipitous slump.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 38.2 | 29.7 | 17.3 | 486 | 133.4% |
| Ecuador | 1,081 | 264 | 39.4 | N/A | -80.9% |
| Others | 20.2 | N/A | N/A | N/A | 0% |
| Total | 1,139 | 294 | 56.7 | 486 | -24.7% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Peru in 2022:
- Venezuela (171.3 tons)
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