Price for Cocoa; Paste, Not Defatted in Algeria - 2022
Contents:
- Price for Cocoa; Paste, Not Defatted in Algeria (CIF) - 2022
- Imports of Cocoa; Paste, Not Defatted in Algeria
Price for Cocoa; Paste, Not Defatted in Algeria (CIF) - 2022
The average cocoa; paste, not defatted import price stood at $3,106 per ton in 2022, with a decrease of -6.8% against the previous year. Over the period under review, the import price saw a mild curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 18% against the previous year. The import price peaked at $3,946 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($4,514 per ton), while the price for Ghana ($2,931 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.3%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa; Paste, Not Defatted in Algeria
In 2022, cocoa; paste, not defatted imports into Algeria fell notably to 2.1K tons, with a decrease of -27% compared with the year before. In general, imports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 89% against the previous year.
In value terms, cocoa; paste, not defatted imports reduced dramatically to $6.5M in 2022. Over the period under review, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year.
| Import of Cocoa; Paste, Not Defatted in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 7.3 | 3.0 | 4.3 | 4.0 | -18.2% |
| Netherlands | 0.6 | 0.5 | 3.2 | 1.0 | 18.6% |
| Turkey | 0.2 | N/A | 0.1 | 0.5 | 35.7% |
| Spain | 1.6 | 0.5 | 0.6 | 0.5 | -32.1% |
| Malaysia | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Germany | 0.4 | 0.1 | N/A | 0.2 | -20.6% |
| Cote d'Ivoire | 4.3 | 0.7 | 0.6 | 0.2 | -64.0% |
| Others | 0.3 | 0.2 | 0.6 | 0.1 | -30.7% |
| Total | 14.9 | 5.0 | 9.6 | 6.5 | -24.2% |
Top Suppliers of Cocoa; Paste, Not Defatted to Algeria in 2022:
- Ghana (1349.0 tons)
- Netherlands (324.2 tons)
- Spain (145.7 tons)
- Turkey (106.2 tons)
- Cote d'Ivoire (62.1 tons)
- Malaysia (49.7 tons)
- Germany (45.1 tons)
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This report provides an in-depth analysis of the cocoa paste market in Algeria.
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This report provides an in-depth analysis of the cocoa paste market in Algeria.
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This report provides an in-depth analysis of the global cocoa paste market.
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