Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $2,801 per ton, declining by -11.2% against the previous year. Overall, the import price showed a slight contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $4,156 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,268 per ton), while the price for Cote d'Ivoire ($2,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+58.7%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $22,325 per ton in 2022, rising by 11% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($38,170 per ton), while the average price for exports to the Netherlands ($10,388 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+303.9%), 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 Slovakia
In 2022, overseas purchases of cocoa beans; whole or broken, raw or roasteds were finally on the rise to reach 8.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 surged to $25M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.2% against 2020 indices.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 8.6 | 4.8 | 19.3 | 49.8% |
| Netherlands | N/A | 6.6 | 7.0 | 5.4 | -9.5% |
| Cote d'Ivoire | 19.6 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | 9.8 | N/A | N/A | 0% |
| Others | N/A | 0.1 | 3.1 | 0.2 | 41.4% |
| Total | 19.7 | 25.1 | 14.8 | 24.8 | 8.0% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Slovakia in 2022:
- France (7.2K tons)
- Netherlands (1.6K tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia
Exports of cocoa beans; whole or broken, raw or roasteds from Slovakia surged to 1.3 tons in 2022, picking up by 237% against the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,775% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds surged to $28K in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,621%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.2 | 0.4 | 7.1 | 19.6 | 361.0% |
| Netherlands | N/A | N/A | 0.1 | 6.5 | 6400.0% |
| Poland | N/A | N/A | N/A | 1.9 | 0% |
| Others | N/A | N/A | 0.4 | 0.2 | -50.0% |
| Total | 0.2 | 0.4 | 7.5 | 28.2 | 420.5% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Slovakia in 2022:
- Netherlands (626.0 kg)
- Czech Republic (513.0 kg)
- Poland (117.0 kg)
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