Price for Cocoa; Paste, Not Defatted in Iraq - 2022
Contents:
- Price for Cocoa; Paste, Not Defatted in Iraq (CIF) - 2022
- Imports of Cocoa; Paste, Not Defatted in Iraq
Price for Cocoa; Paste, Not Defatted in Iraq (CIF) - 2022
The average cocoa; paste, not defatted import price stood at $4,103 per ton in 2022, stabilizing at the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 16% against the previous year. The import price peaked at $4,285 per ton in 2015; however, from 2016 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 the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.7% per year.
Imports of Cocoa; Paste, Not Defatted in Iraq
In 2022, overseas purchases of cocoa; paste, not defatteds decreased by -77.2% to 3 tons, falling for the second consecutive year after two years of growth. In general, imports faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 89%. As a result, imports attained the peak of 23 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cocoa; paste, not defatted imports reduced remarkably to $12K in 2022. Overall, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 88% against the previous year. As a result, imports attained the peak of $88K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cocoa; Paste, Not Defatted in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 46.6 | 29.2 | 33.4 | 12.3 | -35.9% |
| Spain | N/A | N/A | 11.0 | N/A | 0% |
| Malaysia | N/A | 58.6 | N/A | N/A | 0% |
| Moldova | N/A | N/A | 9.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 46.6 | 87.8 | 53.9 | 12.3 | -35.9% |
Top Suppliers of Cocoa; Paste, Not Defatted to Iraq in 2022:
- Netherlands (3.0 tons)
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1272
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In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
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