Price for Cocoa; Paste; Whether or Not Defatted in New Zealand - 2023

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in New Zealand (CIF) - 2022
  2. Price for Cocoa; Paste; Whether or Not Defatted in New Zealand (FOB) - 2022
  3. Imports of Cocoa; Paste; Whether or Not Defatted in New Zealand
  4. Exports of Cocoa; Paste; Whether or Not Defatted in New Zealand

Price for Cocoa; Paste; Whether or Not Defatted in New Zealand (CIF) - 2022

In 2022, the average import price for cocoa; paste; whether or not defatteds amounted to $4,124 per ton, remaining constant against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 15%. As a result, import price attained the peak level of $5,167 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($8,991 per ton), while the price for the Netherlands ($3,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cocoa; Paste; Whether or Not Defatted in New Zealand (FOB) - 2022

In 2022, the average export price for cocoa; paste; whether or not defatteds amounted to $4,829 per ton, growing by 4.2% against the previous year. In general, the export price saw mild growth. The growth pace was the most rapid in 2014 when the average export price increased by 41% against the previous year. The export price peaked at $5,324 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 Singapore ($28,333 per ton), while the average price for exports to Fiji ($2,061 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 Singapore (+22.7%), while the prices for the other major destinations experienced a decline.

Imports of Cocoa; Paste; Whether or Not Defatted in New Zealand

Imports of cocoa; paste; whether or not defatteds into New Zealand declined remarkably to 937 tons in 2022, falling by -51.7% against 2021 figures. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports reached the peak of 1.9K tons, and then dropped sharply in the following year.

In value terms, imports of cocoa; paste; whether or not defatteds declined markedly to $3.9M in 2022. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of $7.9M, and then contracted sharply in the following year.

Import of Cocoa; Paste; Whether or Not Defatted in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana2,5871,9851,6961,665-13.7%
Netherlands1061962241,112118.9%
Indonesia98.88401,69135453.0%
Cote d'Ivoire2132862282576.5%
Malaysia290305275191-13.0%
Peru5.511.459.5168212.6%
Switzerland26042.287.5N/A-42.0%
Singapore14576.147.6N/A-42.7%
Others1,2981,4083,638119-54.9%
Total5,0055,1507,9473,865-8.3%

Top Suppliers of Cocoa; Paste; Whether or Not Defatted to New Zealand in 2022:

  1. Ghana (421.0 tons)
  2. Netherlands (292.9 tons)
  3. Indonesia (80.0 tons)
  4. Cote d'Ivoire (65.0 tons)
  5. Malaysia (46.0 tons)
  6. Peru (18.7 tons)

Exports of Cocoa; Paste; Whether or Not Defatted in New Zealand

In 2022, overseas shipments of cocoa; paste; whether or not defatteds decreased by -3.1% to 25 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 60 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cocoa; paste; whether or not defatteds amounted to $123K in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $268K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cocoa; Paste; Whether or Not Defatted in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia34.159.733.075.330.2%
Singapore19219764.045.0-38.3%
Fiji6.710.93.22.0-33.2%
EcuadorN/AN/A20.4N/A0%
Others1.00.70.90.2-41.5%
Total234268121123-19.3%

Top Export Markets for Cocoa; Paste; Whether or Not Defatted from New Zealand in 2022:

  1. Australia (22.8 tons)
  2. Singapore (1.6 tons)
  3. Fiji (1.0 tons)

Source: IndexBox Market Intelligence Platform

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