Price for Cocoa; Paste; Whether or Not Defatted in Guatemala - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Guatemala (CIF) - 2023
- Price for Cocoa; Paste; Whether or Not Defatted in Guatemala (FOB) - 2022
- Imports of Cocoa; Paste; Whether or Not Defatted in Guatemala
- Exports of Cocoa; Paste; Whether or Not Defatted in Guatemala
Price for Cocoa; Paste; Whether or Not Defatted in Guatemala (CIF) - 2023
In October 2023, the average import price for cocoa; paste; whether or not defatteds amounted to $5,160 per ton, rising by 34% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Peru ($5,322 per ton), while the price for Mexico totaled $4,086 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Peru (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in Guatemala (FOB) - 2022
The average export price for cocoa; paste; whether or not defatteds stood at $11,535 per ton in 2022, reducing by -30.8% against the previous year. In general, the export price, however, saw a significant increase. The pace of growth was the most pronounced in 2018 an increase of 496% against the previous year. The export price peaked at $21,473 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($38,174 per ton), while the average price for exports to the United States ($6,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste; Whether or Not Defatted in Guatemala
Imports of cocoa; paste; whether or not defatteds into Guatemala soared to 407 tons in 2022, jumping by 79% against the year before. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa; paste; whether or not defatteds surged to $1.6M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cocoa; Paste; Whether or Not Defatted in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 163 | 192 | 236 | 756 | 66.8% |
| Ecuador | 540 | 840 | 531 | 675 | 7.7% |
| Peru | N/A | 46.4 | 119 | 158 | 84.5% |
| Others | 0.1 | 20.5 | 0.7 | 0.6 | 81.7% |
| Total | 703 | 1,098 | 887 | 1,589 | 31.2% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Guatemala in 2022:
- Ecuador (190.9 tons)
- Mexico (181.1 tons)
- Peru (34.9 tons)
Exports of Cocoa; Paste; Whether or Not Defatted in Guatemala
For the fourth year in a row, Guatemala recorded growth in overseas shipments of cocoa; paste; whether or not defatteds, which increased by 108% to 6.7 tons in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cocoa; paste; whether or not defatteds soared to $78K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 74% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Cocoa; Paste; Whether or Not Defatted in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.4 | 18.0 | 31.8 | 46.7 | 70.6% |
| Austria | N/A | N/A | N/A | 19.1 | 0% |
| United States | 10.3 | 11.3 | 5.2 | 7.6 | -9.6% |
| Sweden | N/A | 0.4 | N/A | 4.4 | 231.7% |
| Iceland | 14.8 | 30.6 | 16.9 | N/A | 6.9% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 34.8 | 60.3 | 53.9 | 77.8 | 30.8% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Guatemala in 2022:
- Netherlands (3.8 tons)
- Austria (1.6 tons)
- United States (1.2 tons)
- Sweden (0.1 tons)
122
This report provides an in-depth analysis of the cocoa paste market in Guatemala.
782
This report provides an in-depth analysis of the global cocoa paste market.
122
This report provides an in-depth analysis of the cocoa paste market in Guatemala.
782
This report provides an in-depth analysis of the global cocoa paste market.
123
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.
1199
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 ...
785
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...
1966
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...
1085
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...
123
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.
1199
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 ...
785
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...
1966
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...
1085
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...
