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

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in Sweden (CIF) - 2023
  2. Price for Cocoa; Paste; Whether or Not Defatted in Sweden (FOB) - 2022
  3. Imports of Cocoa; Paste; Whether or Not Defatted in Sweden
  4. Exports of Cocoa; Paste; Whether or Not Defatted in Sweden

Price for Cocoa; Paste; Whether or Not Defatted in Sweden (CIF) - 2023

In September 2023, the average import price for cocoa; paste; whether or not defatteds amounted to $4,790 per ton, surging by 4.4% against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +4.2%. The most prominent rate of growth was recorded in April 2023 an increase of 19% against the previous month. Over the period under review, average import prices reached the maximum in September 2023.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($5,256 per ton), while the price for Belgium totaled $4,544 per ton.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.4%).

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

The average export price for cocoa; paste; whether or not defatteds stood at $12,401 per ton in 2022, growing by 56% against the previous year. Overall, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2015 an increase of 59%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($15,152 per ton), while the average price for exports to the UK ($1,222 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 Denmark (+41.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cocoa; paste; whether or not defatteds into Sweden stood at 4.9K tons in 2022, remaining relatively unchanged against 2021. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 10%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of cocoa; paste; whether or not defatteds dropped to $17M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year.

Import of Cocoa; Paste; Whether or Not Defatted in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium10.813.015.212.65.3%
Netherlands3.14.54.63.98.0%
Spain0.20.30.20.535.7%
Others0.1N/A0.10.226.0%
Total14.317.920.117.26.3%

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

  1. Belgium (3.6K tons)
  2. Netherlands (1.1K tons)
  3. Spain (0.1K tons)

Exports of Cocoa; Paste; Whether or Not Defatted in Sweden

In 2022, the amount of cocoa; paste; whether or not defatteds exported from Sweden soared to 504 kg, rising by 23% on 2021. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 1,613%.

In value terms, exports of cocoa; paste; whether or not defatteds skyrocketed to $6.2K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,438% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Cocoa; Paste; Whether or Not Defatted in Sweden (USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/A3314,5761282.5%
Iceland951N/AN/A798-5.7%
FinlandN/A118811566119.0%
Norway42210.0664299-10.9%
United KingdomN/AN/A1,18411.0-99.1%
Faroe Islands1,374N/AN/AN/A0%
OthersN/A1.0284N/A28300.0%
Total2,7471293,2746,25031.5%

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

  1. Denmark (302.0 kg)
  2. Iceland (109.0 kg)
  3. Finland (60.0 kg)
  4. Norway (24.0 kg)
  5. United Kingdom (9.0 kg)

Source: IndexBox Market Intelligence Platform

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