Price for Cocoa; Paste, Wholly or Partly Defatted in Belgium - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Belgium (FOB) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in Belgium (CIF) - 2022
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Belgium
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Belgium
Price for Cocoa; Paste, Wholly or Partly Defatted in Belgium (FOB) - 2022
The average export price for cocoa; paste, wholly or partly defatted stood at $2,008 per ton in 2022, growing by 100% against the previous year. Overall, the export price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 107% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,291 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($19,043 per ton), while the average price for exports to Germany ($215 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 Estonia (+143.0%), while the prices for the other major destinations experienced a decline.
Price for Cocoa; Paste, Wholly or Partly Defatted in Belgium (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $3,287 per ton in 2022, with a decrease of -51.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 241%. As a result, import price reached the peak level of $8,226 per ton. From 2019 to 2022, the average import prices remained at a 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 Netherlands ($11,262 per ton), while the price for Japan ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cocoa; Paste, Wholly or Partly Defatted in Belgium
In 2022, overseas shipments of cocoa; paste, wholly or partly defatted decreased by -36.5% to 42 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 167% against the previous year. As a result, the exports reached the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cocoa; paste, wholly or partly defatted surged to $85K in 2022. In general, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 276% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | N/A | 367 | 9.2 | 56.2 | -60.9% |
| Netherlands | 274 | 869 | 28.6 | 19.2 | -58.8% |
| Germany | N/A | 0.6 | 4.9 | 5.4 | 200.0% |
| Malaysia | 51.1 | N/A | N/A | N/A | 0% |
| Others | 7.9 | 15.9 | 24.4 | 4.5 | -17.1% |
| Total | 333 | 1,253 | 67.1 | 85.3 | -36.5% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Belgium in 2022:
- Germany (25.1 tons)
- Netherlands (14.2 tons)
- Estonia (3.0 tons)
Imports of Cocoa; Paste, Wholly or Partly Defatted in Belgium
In 2022, the amount of cocoa; paste, wholly or partly defatted imported into Belgium soared to 91 tons, with an increase of 58% compared with 2021 figures. In general, imports, however, continue to indicate a significant decrease.
In value terms, imports of cocoa; paste, wholly or partly defatted dropped rapidly to $301K in 2022. Overall, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 36%.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 225 | 178 | 341 | 198 | -4.2% |
| France | 10.4 | 81.0 | 53.6 | 102 | 114.1% |
| Cote d'Ivoire | 79.6 | 32.5 | N/A | N/A | -59.2% |
| United Kingdom | 107 | N/A | N/A | N/A | 0% |
| Indonesia | 23.1 | N/A | N/A | N/A | 0% |
| Ghana | 10.5 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.3 | 0.1 | 0.4 | 0.0% |
| Total | 456 | 291 | 395 | 301 | -12.9% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Belgium in 2022:
- France (73.8 tons)
- Netherlands (17.6 tons)
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This report provides an in-depth analysis of the cocoa paste market in Belgium.
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This report provides an in-depth analysis of the cocoa paste market in Belgium.
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This report provides an in-depth analysis of the global cocoa paste market.
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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 ...
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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...
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