Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $5,287 per ton in 2022, falling by -17% against the previous year. In general, the export price, however, saw a notable expansion. The growth pace was the most rapid in 2021 when the average export price increased by 131% against the previous year. As a result, the export price reached the peak level of $6,373 per ton, and then declined significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($15,458 per ton), while the average price for exports to Canada ($4,359 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 Hong Kong SAR (+40.8%), 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 Thailand (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $7,605 per ton in 2022, jumping by 25% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 124% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($14,630 per ton), while the price for Peru stood at $6,429 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand
In 2022, approx. 10 tons of cocoa beans; whole or broken, raw or roasteds were exported from Thailand; growing by 11% compared with the previous year. Over the period under review, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 211% against the previous year.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds contracted to $55K in 2022. Overall, exports, however, faced a sharp slump. The growth pace was the most rapid in 2021 with an increase of 618% against the previous year.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 21.8 | 0% |
| Belgium | N/A | N/A | N/A | 10.2 | 0% |
| United States | 2.3 | N/A | 16.1 | 6.8 | 43.5% |
| Singapore | 20.7 | N/A | 3.0 | 5.2 | -36.9% |
| Sweden | N/A | N/A | N/A | 4.6 | 0% |
| Hong Kong SAR | N/A | 1.0 | 2.5 | 3.7 | 92.4% |
| Japan | 5.6 | N/A | 19.4 | 2.6 | -22.6% |
| India | 2,622 | N/A | N/A | 0.6 | -93.9% |
| Others | 5.3 | 7.3 | 19.0 | N/A | 89.3% |
| Total | 2,656 | 8.3 | 60.0 | 55.4 | -72.5% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Thailand in 2022:
- Canada (5.0 tons)
- Belgium (2.0 tons)
- Sweden (1.0 tons)
- Singapore (0.9 tons)
- United States (0.9 tons)
- Japan (0.3 tons)
- Hong Kong SAR (0.2 tons)
- India (0.1 tons)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand
In 2022, the amount of cocoa beans; whole or broken, raw or roasteds imported into Thailand fell markedly to 4.7 tons, waning by -74.6% on the previous year's figure. Over the period under review, imports showed a sharp contraction. The smallest decline of -3.8% was in 2021.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds declined rapidly to $36K in 2022. In general, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 3.6% against the previous year.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 17.7 | 64.7 | 56.4 | 25.7 | 13.2% |
| Australia | N/A | N/A | 5.3 | 9.8 | 84.9% |
| Congo | 748 | N/A | N/A | N/A | 0% |
| Philippines | 5.8 | 43.6 | 50.7 | N/A | 195.7% |
| Guinea | 111 | N/A | N/A | N/A | 0% |
| Uganda | 84.5 | N/A | N/A | N/A | 0% |
| Others | 26.3 | 0.3 | 0.3 | 0.1 | -84.4% |
| Total | 993 | 109 | 113 | 35.6 | -67.0% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Thailand in 2022:
- Peru (4.0 tons)
- Australia (0.7 tons)
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