Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Qatar - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Qatar (CIF) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Qatar
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Qatar (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $10,252 per ton in 2022, waning by -58.7% against the previous year. In general, the import price, however, continues to indicate a measured increase. The growth pace was the most rapid in 2013 when the average import price increased by 25%. The import price peaked at $30,136 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Belgium ($26,212 per ton), while the price for the UK stood at $7,969 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.4%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Qatar
For the third year in a row, Qatar recorded growth in supplies from abroad of cocoa beans; whole or broken, raw or roasteds, which increased by 208% to 5.2 tons in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds skyrocketed to $54K in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 70%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | N/A | 36.6 | 0% | |
| Belgium | 24.9 | 42.3 | 17.2 | -16.9% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 24.9 | 42.3 | 53.7 | 46.9% | |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Qatar in 2022:
- United Kingdom (4.6 tons)
- Belgium (0.7 tons)
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This report provides an in-depth analysis of the cocoa bean market in Qatar.
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