Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Romania - 2023

Contents:

  1. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Romania (CIF) - 2022
  2. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Romania (FOB) - 2022
  3. Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Romania
  4. Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Romania

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Romania (CIF) - 2022

The average import price for cocoa beans; whole or broken, raw or roasteds stood at $2,499 per ton in 2022, declining by -64% against the previous year. Overall, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 92%. The import price peaked at $10,428 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,046 per ton), while the price for Finland ($531 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Romania (FOB) - 2022

The average export price for cocoa beans; whole or broken, raw or roasteds stood at $20,340 per ton in 2022, reducing by -8% against the previous year. In general, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 139%. As a result, the export price attained the peak level of $22,105 per ton, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2014 to 2022, the rate of growth in terms of prices for the UK amounted to +50.4% per year.

Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Romania

In 2022, approx. 37 tons of cocoa beans; whole or broken, raw or roasteds were imported into Romania; rising by 295% compared with 2021 figures. Over the period under review, imports recorded a significant expansion. As a result, imports reached 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 soared to $93K in 2022. Overall, imports saw a significant expansion. 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 Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium19.16.611.723.87.6%
Italy1.25.62.520.8158.8%
Netherlands11.716.413.712.42.0%
Bulgaria10.915.020.112.23.8%
FinlandN/AN/AN/A11.50%
HungaryN/A0.11.74.5570.8%
Germany0.94.83.32.234.7%
Others7.25.612.25.4-9.1%
Total51.054.165.392.822.1%

Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Romania in 2022:

  1. Finland (21.6 tons)
  2. Belgium (4.5 tons)
  3. Italy (3.4 tons)
  4. Netherlands (3.2 tons)
  5. Bulgaria (2.1 tons)
  6. Hungary (0.9 tons)
  7. Germany (0.6 tons)

Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Romania

In 2022, overseas shipments of cocoa beans; whole or broken, raw or roasteds increased by 24% to 47 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a slight descent.

In value terms, exports of cocoa beans; whole or broken, raw or roasteds expanded notably to $956 in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 116%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Romania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova19314763295670.5%
Cyprus16.07.0N/AN/A-56.3%
Ireland15.0N/AN/AN/A0%
United Kingdom10486.0125N/A9.6%
ItalyN/A14583.0N/A-42.8%
OthersN/A4.0N/AN/A0%
Total32838984095642.8%

Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Romania in 2022:

  1. Moldova (47.0 kg)

Source: IndexBox Market Intelligence Platform

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