Price for Cocoa; Paste; Whether or Not Defatted in Uganda - 2022

Contents:

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

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

In 2022, the average export price for cocoa; paste; whether or not defatteds amounted to $2,873 per ton, remaining stable against the previous year. In general, the export price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. As a result, the export price reached the peak level of $4,187 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,922 per ton), while the average price for exports to the Netherlands stood at $2,025 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.9%).

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

The average import price for cocoa; paste; whether or not defatteds stood at $1,848 per ton in 2022, surging by 21% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa; paste; whether or not defatteds decreased by -30.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $2,656 per ton. From 2021 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 the United Arab Emirates ($5,435 per ton), while the price for Kenya ($590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of cocoa; paste; whether or not defatteds decreased by -16.6% to 20 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a mild curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 24 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 dropped dramatically to $58K in 2022. In general, exports showed a abrupt downturn. The smallest decline of -4.8% was in 2021.

Export of Cocoa; Paste; Whether or Not Defatted in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States60.069.966.155.3-2.7%
Netherlands1.21.82.12.222.4%
Saudi Arabia15.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total76.771.768.257.5-9.2%

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

  1. United States (18.9 tons)
  2. Netherlands (1.1 tons)

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

In 2022, overseas purchases of cocoa; paste; whether or not defatteds decreased by -81.4% to 514 kg, falling for the second year in a row after two years of growth. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 591% against the previous year. As a result, imports attained the peak of 3.6 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 shrank notably to $951 in 2022. Overall, imports recorded a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 498% against the previous year. As a result, imports reached the peak of $6.7K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cocoa; Paste; Whether or Not Defatted in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4864,2322,5865977.1%
United States129477497128-0.3%
United Arab Emirates3831,388635125-31.2%
India88.040932965.0-9.6%
Kenya29.015915236.07.5%
OthersN/A6.015.0N/A150.0%
Total1,1156,6714,214951-5.2%

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

  1. Turkey (356.0 kg)
  2. Kenya (61.0 kg)
  3. United States (59.0 kg)
  4. United Arab Emirates (23.0 kg)
  5. India (15.0 kg)

Source: IndexBox Market Intelligence Platform

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