Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $6,006 per ton, dropping by -22.3% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2015 an increase of 114%. Over the period under review, the average export prices reached the maximum at $7,727 per ton in 2021, and then declined notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($10,722 per ton), while the average price for exports to India ($2,250 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 (+23.3%), 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 Sri Lanka (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $4,276 per ton in 2022, growing by 76% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa beans; whole or broken, raw or roasteds increased by +87.4% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +11.4% per year.
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka
In 2022, exports of cocoa beans; whole or broken, raw or roasteds from Sri Lanka contracted notably to 1.4 tons, reducing by -67.8% compared with the previous year's figure. In general, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 4.5 tons, and then shrank notably in the following year.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds shrank dramatically to $8.6K in 2022. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 5.3 | 11.5 | 5.1 | 11.3% |
| Canada | 0.1 | 0.2 | 0.3 | 1.5 | 146.6% |
| India | 3.8 | 3.1 | 1.9 | 1.5 | -26.6% |
| Poland | N/A | N/A | N/A | 0.3 | 0% |
| Japan | 2.2 | 3.6 | 1.5 | N/A | -17.4% |
| Austria | 1.0 | 1.7 | 2.4 | N/A | 54.9% |
| United Kingdom | 0.8 | 1.6 | 2.3 | N/A | 69.6% |
| Oman | N/A | 2.2 | N/A | N/A | 0% |
| Others | 6.6 | 9.0 | 14.6 | 0.1 | -75.3% |
| Total | 18.1 | 26.6 | 34.5 | 8.6 | -22.0% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Sri Lanka in 2022:
- India (652.0 kg)
- Germany (575.0 kg)
- Canada (144.0 kg)
- Poland (50.0 kg)
- Japan (2.0 kg)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka
After three years of growth, purchases abroad of cocoa beans; whole or broken, raw or roasteds decreased by -99.6% to 653 kg in 2022. Over the period under review, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports attained the peak of 183 tons, and then declined sharply in the following year.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds declined markedly to $2.8K in 2022. In general, imports showed a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.3 | 7.6 | 5.1 | 2.8 | -35.2% |
| Cote d'Ivoire | 118 | 137 | 146 | N/A | 11.2% |
| Uganda | 32.1 | 40.4 | 46.3 | N/A | 20.1% |
| Malaysia | 38.1 | 55.5 | 73.4 | N/A | 38.8% |
| United Kingdom | 36.3 | 38.0 | 36.3 | N/A | 0.0% |
| Indonesia | 14.9 | 3.7 | 23.6 | N/A | 25.9% |
| Singapore | 16.8 | 16.8 | 15.2 | N/A | -4.9% |
| Ghana | 68.7 | 84.2 | 93.9 | N/A | 16.9% |
| Others | 4.1 | 5.4 | 6.7 | N/A | 27.8% |
| Total | 339 | 389 | 447 | 2.8 | -79.8% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Sri Lanka in 2022:
- India (652.0 kg)
2092
This report provides an in-depth analysis of the cocoa bean market in Sri Lanka.
12455
This report provides an in-depth analysis of the global cocoa bean market.
2092
This report provides an in-depth analysis of the cocoa bean market in Sri Lanka.
12455
This report provides an in-depth analysis of the global cocoa bean market.
423
Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
2044
The closure of the HoReCa segment caused the demand for cocoa beans to collapse in 2020, while the production remained stable. This led to a surge in unsold cocoa bean stocks in exporter-countries. EU chocolate producers are now trying to enlist a range of measures to ensure stable demand and secure supply chains on the cocoa bean market.
670
In 2016, the amount of cocoa bean imported worldwide stood at X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
3530
In 2016, the global cocoa bean exports totaled X tons, falling by -X% against the previous year level. The total export volume increased at an average annual rate of +X% over the period from ...
6752
Global cocoa consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1618
In value terms, cocoa beans exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
10729
In value terms, cocoa beans imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some notic...
1817
In 2015, the countries with the highest levels of cocao production were Côte D'Ivoire (X thousand tons), Ghana (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1466
Côte d'Ivoire dominates in the global сocoa bean trade. In 2014, Côte d'Ivoire exported X thousand tons of сocoa beans totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
423
Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
