Price for Cocoa; Paste, Wholly or Partly Defatted in Algeria - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Algeria (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Algeria
Price for Cocoa; Paste, Wholly or Partly Defatted in Algeria (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $1,852 per ton in 2022, surging by 18% against the previous year. Overall, the import price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 35% against the previous year. The import price peaked at $3,975 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cote d'Ivoire ($2,176 per ton), while the price for Nigeria ($1,418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-5.6%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Algeria
In 2022, imports of cocoa; paste, wholly or partly defatted into Algeria fell notably to 521 tons, shrinking by -38.1% compared with the year before. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 321% against the previous year. As a result, imports reached the peak of 843 tons, and then declined sharply in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted contracted markedly to $966K in 2022. In general, imports, however, showed noticeable growth. The growth pace was the most rapid in 2021 with an increase of 120%. As a result, imports reached the peak of $1.3M, and then shrank sharply in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 424 | 367 | 612 | 649 | 15.2% |
| Nigeria | N/A | 231 | N/A | 312 | 16.2% |
| Cameroon | N/A | N/A | 708 | N/A | 0% |
| Ghana | 474 | N/A | N/A | N/A | 0% |
| Others | 9.4 | 5.6 | 6.6 | 4.9 | -19.5% |
| Total | 907 | 604 | 1,327 | 966 | 2.1% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Algeria in 2022:
- Cote d'Ivoire (298.2 tons)
- Nigeria (219.7 tons)
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