Price for Cocoa; Paste, Not Defatted in Lithuania - 2023
Contents:
- Price for Cocoa; Paste, Not Defatted in Lithuania (CIF) - 2023
- Price for Cocoa; Paste, Not Defatted in Lithuania (FOB) - 2022
- Imports of Cocoa; Paste, Not Defatted in Lithuania
- Exports of Cocoa; Paste, Not Defatted in Lithuania
Price for Cocoa; Paste, Not Defatted in Lithuania (CIF) - 2023
In September 2023, the average cocoa; paste, not defatted import price amounted to $4,939 per ton, rising by 1.5% against the previous month. Overall, import price indicated moderate growth from December 2022 to September 2023: its price increased at an average monthly rate of +3.9% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, cocoa; paste, not defatted import price increased by +9.9% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 71% month-to-month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($6,416 per ton), while the price for Poland ($3,853 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste, Not Defatted in Lithuania (FOB) - 2022
The average cocoa; paste, not defatted export price stood at $3,346 per ton in 2022, declining by -15% against the previous year. In general, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 93% against the previous year. As a result, the export price attained the peak level of $5,884 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($8,500 per ton), while the average price for exports to Belarus stood at $3,336 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa; Paste, Not Defatted in Lithuania
In 2022, imports of cocoa; paste, not defatteds into Lithuania expanded markedly to 1.4K tons, surging by 6.6% against the previous year's figure. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 323%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, cocoa; paste, not defatted imports dropped modestly to $5.1M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 398%. As a result, imports reached the peak of $5.4M, and then dropped slightly in the following year.
Import of Cocoa; Paste, Not Defatted in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | N/A | N/A | 3,915 | 2,233 | -43.0% |
Netherlands | 380 | 230 | 226 | 1,522 | 58.8% |
Belgium | 386 | 380 | 554 | 571 | 13.9% |
Poland | 29.1 | 240 | 413 | 348 | 128.7% |
Spain | 339 | 225 | 225 | 231 | -12.0% |
Estonia | N/A | N/A | N/A | 202 | 0% |
Others | 0.4 | 0.7 | 31.6 | 8.3 | 174.8% |
Total | 1,135 | 1,076 | 5,365 | 5,115 | 65.2% |
Top Suppliers of Cocoa; Paste, Not Defatted to Lithuania in 2022:
- Slovakia (566.9 tons)
- Netherlands (425.6 tons)
- Belgium (140.0 tons)
- Poland (110.0 tons)
- Estonia (60.5 tons)
- Spain (58.4 tons)
Exports of Cocoa; Paste, Not Defatted in Lithuania
Cocoa; paste, not defatted exports from Lithuania soared to 60 tons in 2022, rising by 578% against the previous year. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,455%. As a result, the exports reached the peak of 66 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cocoa; paste, not defatted exports soared to $201K in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 567%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Cocoa; Paste, Not Defatted in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 0.2 | 4.0 | 34.6 | 200 | 900.0% |
Bulgaria | N/A | 158 | N/A | N/A | 0% |
Ukraine | 19.0 | N/A | N/A | N/A | 0% |
Others | 5.7 | 4.6 | 0.3 | 1.1 | -42.2% |
Total | 25.0 | 167 | 34.9 | 201 | 100.3% |
Top Export Markets for Cocoa; Paste, Not Defatted from Lithuania in 2022:
- Belarus (60.0 tons)
This report provides an in-depth analysis of the cocoa paste market in Lithuania.
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 Lithuania.
This report provides an in-depth analysis of the global cocoa paste market.
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.
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
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...
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
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.
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
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...
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...