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

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in Paraguay (CIF) - 2022
  2. Imports of Cocoa; Paste; Whether or Not Defatted in Paraguay

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

The average import price for cocoa; paste; whether or not defatteds stood at $5,036 per ton in 2022, growing by 14% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 15%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($48,250 per ton), while the price for Colombia totaled $5,010 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cocoa; Paste; Whether or Not Defatted in Paraguay

For the fourth consecutive year, Paraguay recorded growth in purchases abroad of cocoa; paste; whether or not defatteds, which increased by 91% to 6.7 tons in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cocoa; paste; whether or not defatteds soared to $34K in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cocoa; Paste; Whether or Not Defatted in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia7.914.115.433.662.0%
OthersN/AN/A0.20.20.0%
Total7.914.115.533.862.3%

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

  1. Colombia (6.7 tons)

Source: IndexBox Market Intelligence Platform

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