Price for Cocoa; Paste; Whether or Not Defatted in Latvia - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Latvia (CIF) - 2022
- Price for Cocoa; Paste; Whether or Not Defatted in Latvia (FOB) - 2022
- Imports of Cocoa; Paste; Whether or Not Defatted in Latvia
- Exports of Cocoa; Paste; Whether or Not Defatted in Latvia
Price for Cocoa; Paste; Whether or Not Defatted in Latvia (CIF) - 2022
In 2022, the average import price for cocoa; paste; whether or not defatteds amounted to $3,847 per ton, increasing by 6.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 23%. As a result, import price attained the peak level of $4,627 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($5,061 per ton), while the price for Cote d'Ivoire ($2,478 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa; Paste; Whether or Not Defatted in Latvia (FOB) - 2022
The average export price for cocoa; paste; whether or not defatteds stood at $5,343 per ton in 2022, with an increase of 34% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,934 per ton), while the average price for exports to Belarus ($3,879 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 Uzbekistan (+6.0%), while the prices for the other major destinations experienced a decline.
Imports of Cocoa; Paste; Whether or Not Defatted in Latvia
In 2022, overseas purchases of cocoa; paste; whether or not defatteds decreased by -62.5% to 521 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 98% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cocoa; paste; whether or not defatteds reduced markedly to $2M in 2022. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 126%. As a result, imports attained the peak of $6M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cocoa; Paste; Whether or Not Defatted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 179 | 2.3 | N/A | 725 | 59.4% |
| Estonia | 97.5 | 421 | 597 | 525 | 75.3% |
| Netherlands | 874 | 3,445 | 3,243 | 490 | -17.5% |
| France | 94.6 | 381 | 560 | 233 | 35.0% |
| Cote d'Ivoire | 620 | 489 | 164 | 5.0 | -79.9% |
| Belgium | N/A | 556 | 5.7 | 2.9 | -92.8% |
| Ghana | 750 | 546 | 243 | N/A | -43.1% |
| Others | 57.5 | 206 | 228 | 22.6 | -26.7% |
| Total | 2,673 | 6,047 | 5,040 | 2,004 | -9.2% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Latvia in 2022:
- Lithuania (190.3 tons)
- Estonia (145.0 tons)
- Netherlands (130.0 tons)
- France (46.1 tons)
- Cote d'Ivoire (2.0 tons)
- Belgium (0.5 tons)
Exports of Cocoa; Paste; Whether or Not Defatted in Latvia
In 2022, after two years of decline, there was significant growth in shipments abroad of cocoa; paste; whether or not defatteds, when their volume increased by 344% to 200 tons. Overall, exports, however, showed a abrupt setback.
In value terms, exports of cocoa; paste; whether or not defatteds soared to $1.1M in 2022. Over the period under review, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cocoa; Paste; Whether or Not Defatted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.1 | N/A | N/A | 802 | 1901.7% |
| Belarus | 749 | 887 | 180 | 155 | -40.9% |
| Uzbekistan | 68.8 | N/A | N/A | 112 | 17.6% |
| Others | 43.0 | N/A | 0.2 | 0.3 | -80.9% |
| Total | 861 | 887 | 180 | 1,069 | 7.5% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Latvia in 2022:
- Russia (135.1 tons)
- Belarus (40.0 tons)
- Uzbekistan (25.0 tons)
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This report provides an in-depth analysis of the cocoa paste market in Latvia.
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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 Latvia.
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This report provides an in-depth analysis of the global cocoa paste market.
179
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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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 ...
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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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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...
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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...
179
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.
1347
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 ...
819
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...
2130
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...
1168
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...
