Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Russia - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Russia (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Russia (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Russia
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Russia
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Russia (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $2,581 per ton in 2022, declining by -14.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the peak figure at $3,145 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($2,662 per ton), while the price for Cote d'Ivoire ($2,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Russia (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $8,607 per ton, growing by 70% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 271%. As a result, the export price reached the peak level of $14,827 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($12,130 per ton), while the average price for exports to the Netherlands ($2,800 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 Armenia (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Russia
In 2022, imports of cocoa beans; whole or broken, raw or roasteds into Russia stood at 20K tons, remaining stable against the previous year's figure. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds shrank to $52M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of $60M, and then fell in the following year.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 22.1 | 24.4 | 33.9 | 24.2 | 3.1% |
| Cote d'Ivoire | N/A | N/A | N/A | 11.0 | 0% |
| Ecuador | N/A | N/A | 0.1 | 2.7 | 2600.0% |
| Germany | 0.2 | 1.8 | 1.8 | N/A | 200.0% |
| Others | 12.7 | 16.8 | 24.7 | 14.1 | 3.5% |
| Total | 35.0 | 43.0 | 60.4 | 52.0 | 14.1% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Russia in 2022:
- Estonia (9.1K tons)
- Cote d'Ivoire (5.1K tons)
- Ecuador (1.1K tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Russia
In 2022, the amount of cocoa beans; whole or broken, raw or roasteds exported from Russia declined notably to 1.7 tons, with a decrease of -73.6% compared with 2021 figures. In general, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds contracted notably to $14K in 2022. Overall, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 2.4 | N/A | N/A | 7.3 | 44.9% |
| Armenia | N/A | 9.0 | 13.4 | 5.3 | -23.3% |
| Kazakhstan | 9.8 | 2.3 | 1.8 | 0.9 | -54.9% |
| Netherlands | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Belarus | 43.3 | 13.6 | 15.1 | N/A | -40.9% |
| Others | 3.5 | N/A | 1.5 | 0.8 | -38.9% |
| Total | 59.0 | 25.0 | 31.9 | 14.4 | -37.5% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Russia in 2022:
- Uzbekistan (1020.0 kg)
- Armenia (438.0 kg)
- Kazakhstan (96.0 kg)
- Netherlands (30.0 kg)
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