Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $2,534 per ton in 2022, picking up by 6.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,572 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($3,029 per ton) and Italy ($3,029 per ton), while the average price for exports to India ($2,377 per ton) and Switzerland ($2,384 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.8%), 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 Uganda (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $719 per ton in 2022, reducing by -7.9% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $2,440 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -11.5% per year.
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda
In 2022, overseas shipments of cocoa beans; whole or broken, raw or roasteds decreased by -44.1% to 25K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 21%.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds contracted markedly to $63M in 2022. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 21.1 | 38.8 | 24.5 | 15.9 | -9.0% |
| Malaysia | 23.9 | 23.8 | 18.5 | 12.4 | -19.6% |
| Netherlands | 7.6 | 6.0 | 15.6 | 8.9 | 5.4% |
| India | 13.1 | 12.7 | 14.2 | 8.2 | -14.5% |
| Switzerland | 0.9 | 1.1 | 10.0 | 5.7 | 85.0% |
| Italy | 4.6 | 5.2 | 9.0 | 5.2 | 4.2% |
| Spain | 2.5 | 8.6 | 6.7 | 3.8 | 15.0% |
| Others | 3.8 | 2.8 | 7.3 | 2.8 | -9.7% |
| Total | 77.5 | 99.1 | 106 | 63.0 | -6.7% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Uganda in 2022:
- Indonesia (6.4K tons)
- Malaysia (5.2K tons)
- India (3.4K tons)
- Netherlands (3.3K tons)
- Switzerland (2.4K tons)
- Italy (1.7K tons)
- Spain (1.5K tons)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda
For the third consecutive year, Uganda recorded decline in overseas purchases of cocoa beans; whole or broken, raw or roasteds, which decreased by -0.6% to 270 tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The smallest decline of -0.2% was in 2020.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds shrank to $194K in 2022. Overall, imports showed a abrupt contraction. The smallest decline of -8.4% was in 2021.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 248 | 230 | 211 | 194 | -7.9% |
| Others | 4.4 | 0.7 | 0.3 | N/A | -73.9% |
| Total | 252 | 231 | 212 | 194 | -8.3% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Uganda in 2022:
- Democratic Republic of the Congo (269.5 tons)
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