Price for Cocoa; Paste; Whether or Not Defatted in Germany - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Germany (CIF) - 2023
- Price for Cocoa; Paste; Whether or Not Defatted in Germany (FOB) - 2023
- Imports of Cocoa; Paste; Whether or Not Defatted in Germany
- Exports of Cocoa; Paste; Whether or Not Defatted in Germany
Price for Cocoa; Paste; Whether or Not Defatted in Germany (CIF) - 2023
The average import price for cocoa; paste; whether or not defatteds stood at $4,284 per ton in October 2023, standing approximately at the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 10% against the previous month. Over the period under review, average import prices reached the maximum in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($5,468 per ton), while the price for Cameroon ($2,797 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ghana (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in Germany (FOB) - 2023
In October 2023, the average export price for cocoa; paste; whether or not defatteds amounted to $5,861 per ton, with an increase of 22% against the previous month. Over the period under review, export price indicated a strong increase from October 2022 to October 2023: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for cocoa; paste; whether or not defatteds increased by +53.5% against March 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($7,988 per ton), while the average price for exports to Iceland ($4,529 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste; Whether or Not Defatted in Germany
Imports of cocoa; paste; whether or not defatteds into Germany expanded notably to 101K tons in 2022, surging by 8.1% compared with the year before. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of cocoa; paste; whether or not defatteds contracted to $329M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, imports reached the peak of $335M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cocoa; Paste; Whether or Not Defatted in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 94.4 | 159 | 158 | 139 | 13.8% |
| France | 53.3 | 54.4 | 61.1 | 65.3 | 7.0% |
| Switzerland | 38.1 | 46.5 | 49.8 | 47.8 | 7.9% |
| Cote d'Ivoire | 19.0 | 24.6 | 13.3 | 23.8 | 7.8% |
| Ghana | 33.4 | 24.4 | 21.0 | 20.6 | -14.9% |
| Cameroon | 7.5 | 11.8 | 16.7 | 13.0 | 20.1% |
| Nigeria | N/A | 1.1 | 1.1 | 6.5 | 143.1% |
| Others | 8.9 | 13.4 | 12.2 | 13.3 | 14.3% |
| Total | 255 | 335 | 333 | 329 | 8.9% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Germany in 2022:
- Netherlands (39.1K tons)
- France (19.1K tons)
- Cote d'Ivoire (10.4K tons)
- Switzerland (10.1K tons)
- Ghana (7.8K tons)
- Cameroon (5.5K tons)
- Nigeria (5.3K tons)
Exports of Cocoa; Paste; Whether or Not Defatted in Germany
In 2022, exports of cocoa; paste; whether or not defatteds from Germany dropped to 92K tons, with a decrease of -3.5% against 2021 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, the exports attained the peak of 95K tons, and then reduced modestly in the following year.
In value terms, exports of cocoa; paste; whether or not defatteds shrank to $315M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports reached the peak of $348M, and then declined in the following year.
| Export of Cocoa; Paste; Whether or Not Defatted in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 73.0 | 71.6 | 86.0 | 66.3 | -3.2% |
| Italy | 48.1 | 50.8 | 54.8 | 58.3 | 6.6% |
| Poland | 39.9 | 34.3 | 50.2 | 57.4 | 12.9% |
| Netherlands | 31.3 | 30.7 | 34.0 | 29.7 | -1.7% |
| France | 28.1 | 29.0 | 32.7 | 29.5 | 1.6% |
| Czech Republic | 14.1 | 17.2 | 14.5 | 16.6 | 5.6% |
| Switzerland | 12.0 | 8.7 | 12.3 | 15.5 | 8.9% |
| Others | 49.1 | 38.8 | 63.4 | 41.6 | -5.4% |
| Total | 296 | 281 | 348 | 315 | 2.1% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Germany in 2022:
- Belgium (18.9K tons)
- Italy (16.8K tons)
- Poland (16.6K tons)
- Netherlands (9.0K tons)
- France (8.4K tons)
- Czech Republic (4.7K tons)
- Switzerland (4.6K tons)
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This report provides an in-depth analysis of the cocoa paste market in Germany.
802
This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in Germany.
802
This report provides an in-depth analysis of the global cocoa paste market.
299
In December of 2022, the cocoa paste price was recorded at $3,517 per ton (FOB, Germany). This figure was 6.9% lower than the previous month.
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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.
1296
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 ...
802
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...
2065
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...
1145
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...
299
In December of 2022, the cocoa paste price was recorded at $3,517 per ton (FOB, Germany). This figure was 6.9% lower than the previous month.
160
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.
1296
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 ...
802
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...
