Price for Cocoa; Paste, Wholly or Partly Defatted in Canada - 2023

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Canada (CIF) - 2022
  2. Imports of Cocoa; Paste, Wholly or Partly Defatted in Canada

Price for Cocoa; Paste, Wholly or Partly Defatted in Canada (CIF) - 2022

The average import price for cocoa; paste, wholly or partly defatted stood at $1,325 per ton in 2022, with a decrease of -3% against the previous year. In general, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 7% against the previous year. The import price peaked at $4,236 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,326 per ton), while the price for Peru totaled $1,315 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-11.8%), while the prices for the other major suppliers experienced a decline.

Imports of Cocoa; Paste, Wholly or Partly Defatted in Canada

In 2022, imports of cocoa; paste, wholly or partly defatted into Canada skyrocketed to 192 tons, surging by 50% on 2021. Over the period under review, imports, however, recorded a abrupt curtailment.

In value terms, imports of cocoa; paste, wholly or partly defatted soared to $254K in 2022. In general, imports, however, recorded a abrupt setback.

Import of Cocoa; Paste, Wholly or Partly Defatted in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States294121165245-5.9%
Peru3.62.6N/A7.628.3%
Others13.10.79.71.6-50.4%
Total311124175254-6.5%

Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Canada in 2022:

  1. United States (184.9 tons)
  2. Peru (5.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa; paste, wholly or partly defatted - Canada