Price for Cocoa; Paste; Whether or Not Defatted in Slovakia - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Slovakia (FOB) - 2023
- Price for Cocoa; Paste; Whether or Not Defatted in Slovakia (CIF) - 2022
- Exports of Cocoa; Paste; Whether or Not Defatted in Slovakia
- Imports of Cocoa; Paste; Whether or Not Defatted in Slovakia
Price for Cocoa; Paste; Whether or Not Defatted in Slovakia (FOB) - 2023
In October 2023, the average export price for cocoa; paste; whether or not defatteds amounted to $5,777 per ton, surging by 21% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Russia.
From October 2022 to October 2023, the rate of growth in terms of prices for Russia amounted to +3.8% per month.
Price for Cocoa; Paste; Whether or Not Defatted in Slovakia (CIF) - 2022
In 2022, the average import price for cocoa; paste; whether or not defatteds amounted to $3,496 per ton, falling by -9.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum at $4,244 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 the UK ($17,111 per ton), while the price for Germany ($3,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cocoa; Paste; Whether or Not Defatted in Slovakia
For the fourth year in a row, Slovakia recorded growth in overseas shipments of cocoa; paste; whether or not defatteds, which increased by 9.5% to 6.4K tons in 2022. The total export volume increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 22%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of cocoa; paste; whether or not defatteds declined to $25M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 40% against the previous year.
| Export of Cocoa; Paste; Whether or Not Defatted in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.9 | 2.7 | 6.5 | 8.9 | 114.6% |
| Bulgaria | 8.3 | 10.4 | 9.5 | 8.3 | 0.0% |
| Poland | 2.9 | 4.2 | 4.2 | 3.2 | 3.3% |
| Germany | N/A | 0.3 | 1.0 | 2.6 | 194.4% |
| Lithuania | 3.4 | 4.4 | 4.3 | 1.8 | -19.1% |
| Others | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
| Total | 15.8 | 22.1 | 25.5 | 25.0 | 16.5% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Slovakia in 2022:
- Russia (2.3K tons)
- Bulgaria (2.2K tons)
- Poland (0.9K tons)
- Germany (0.7K tons)
- Lithuania (0.5K tons)
Imports of Cocoa; Paste; Whether or Not Defatted in Slovakia
In 2022, overseas purchases of cocoa; paste; whether or not defatteds decreased by -6.6% to 184 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a mild descent. The growth pace was the most rapid in 2020 when imports increased by 210% against the previous year. As a result, imports attained the peak of 595 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cocoa; paste; whether or not defatteds fell remarkably to $642K in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 174%. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cocoa; Paste; Whether or Not Defatted in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 160 | 1,198 | 226 | 528 | 48.9% |
| Netherlands | 466 | 573 | 485 | 73.6 | -45.9% |
| Others | 24.3 | 7.4 | 49.8 | 40.2 | 18.3% |
| Total | 650 | 1,779 | 761 | 642 | -0.4% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Slovakia in 2022:
- Germany (158.2 tons)
- Netherlands (21.0 tons)
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This report provides an in-depth analysis of the cocoa paste market in Slovakia.
758
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 Slovakia.
758
This report provides an in-depth analysis of the global cocoa paste market.
1116
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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 ...
749
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...
1846
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...
1033
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...
