Price for Cocoa; Paste, Not Defatted in Indonesia - 2022
Contents:
- Price for Cocoa; Paste, Not Defatted in Indonesia (FOB) - 2022
- Price for Cocoa; Paste, Not Defatted in Indonesia (CIF) - 2022
- Exports of Cocoa; Paste, Not Defatted in Indonesia
- Imports of Cocoa; Paste, Not Defatted in Indonesia
Price for Cocoa; Paste, Not Defatted in Indonesia (FOB) - 2022
In March 2022, the average cocoa; paste, not defatted export price amounted to $6,085 per ton, surging by 30% against the previous month. In general, export price indicated a mild increase from March 2021 to March 2022: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, cocoa; paste, not defatted export price increased by +91.7% against December 2021 indices. The pace of growth appeared the most rapid in January 2022 when the average export price increased by 48% month-to-month. The export price peaked at $6,128 per ton in July 2021; afterwards, it flattened through to March 2022.
There were significant differences in the average prices for the major external markets. In March 2022, the country with the highest price was China ($6,798 per ton), while the average price for exports to South Korea ($3,149 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa; Paste, Not Defatted in Indonesia (CIF) - 2022
The average cocoa; paste, not defatted import price stood at $3,651 per ton in March 2022, falling by -1.8% against the previous month. Overall, the import price saw a mild setback. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 29% month-to-month. As a result, import price reached the peak level of $5,241 per ton. From June 2021 to March 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Singapore ($3,874 per ton) and Malaysia ($3,754 per ton), while the price for Ghana ($3,260 per ton) and Cote d'Ivoire ($3,659 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.5%), while the prices for the other major suppliers experienced a decline.
Exports of Cocoa; Paste, Not Defatted in Indonesia
In 2022, exports of cocoa; paste, not defatteds from Indonesia dropped remarkably to 10K tons, shrinking by -24.5% on the year before. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 23%.
In value terms, cocoa; paste, not defatted exports fell notably to $57M in 2022. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
Export of Cocoa; Paste, Not Defatted in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 30.7 | 33.5 | 50.4 | 35.1 | 4.6% |
Malaysia | 37.0 | 4.9 | 1.2 | 9.8 | -35.8% |
Australia | 4.8 | 5.0 | 7.6 | 5.3 | 3.4% |
New Zealand | 0.1 | 0.6 | 2.9 | 2.0 | 171.4% |
United States | 4.7 | 3.1 | N/A | 1.8 | -27.4% |
Japan | 1.1 | 1.8 | 1.1 | 0.9 | -6.5% |
Others | 1.9 | 3.4 | 4.8 | 2.5 | 9.6% |
Total | 80.3 | 52.3 | 68.0 | 57.5 | -10.5% |
Top Export Markets for Cocoa; Paste, Not Defatted from Indonesia in 2022:
- China (5.0K tons)
- Malaysia (2.4K tons)
- Australia (1.3K tons)
- New Zealand (0.4K tons)
- United States (0.3K tons)
- Japan (0.2K tons)
Imports of Cocoa; Paste, Not Defatted in Indonesia
In 2022, approx. 8.7K tons of cocoa; paste, not defatteds were imported into Indonesia; rising by 342% compared with 2021 figures. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cocoa; paste, not defatted imports skyrocketed to $29M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cocoa; Paste, Not Defatted in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1.5 | 2.1 | 3.5 | 14.2 | 111.5% |
Singapore | 0.9 | 0.7 | 1.4 | 5.7 | 85.0% |
Cote d'Ivoire | 0.1 | 0.1 | 1.1 | 4.3 | 250.3% |
Ghana | 0.5 | 0.4 | 1.1 | 4.2 | 103.3% |
Ecuador | 0.7 | N/A | N/A | N/A | 0% |
Others | 0.5 | 0.1 | 0.2 | 0.6 | 6.3% |
Total | 4.2 | 3.4 | 7.2 | 29.0 | 90.4% |
Top Suppliers of Cocoa; Paste, Not Defatted to Indonesia in 2022:
- Malaysia (4.6K tons)
- Singapore (1.5K tons)
- Ghana (1.4K tons)
- Cote d'Ivoire (1.1K tons)
This report provides an in-depth analysis of the cocoa paste market in Indonesia.
This report provides an in-depth analysis of the global cocoa paste market.
This report provides an in-depth analysis of the cocoa paste market in Indonesia.
This report provides an in-depth analysis of the global cocoa paste market.
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Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
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