Price for Cocoa; Paste, Wholly or Partly Defatted in Greece - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Greece (CIF) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in Greece (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Greece
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Greece
Price for Cocoa; Paste, Wholly or Partly Defatted in Greece (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $4,111 per ton, reducing by -1.6% against the previous year. In general, the import price showed a slight contraction. The growth pace was the most rapid in 2013 an increase of 10% against the previous year. Over the period under review, average import prices reached the peak figure at $6,204 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,320 per ton), while the price for Bulgaria ($3,116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cocoa; Paste, Wholly or Partly Defatted in Greece (FOB) - 2022
In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $3,324 per ton, reducing by -25.3% against the previous year. Overall, the export price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1,153% against the previous year. The export price peaked at $7,216 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($7,087 per ton), while the average price for exports to the United States ($2,660 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 Romania (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Greece
After three years of growth, supplies from abroad of cocoa; paste, wholly or partly defatted decreased by -34.6% to 51 tons in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 119%. As a result, imports attained the peak of 78 tons, and then dropped rapidly in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted declined notably to $211K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 125% against the previous year. As a result, imports reached the peak of $328K, and then reduced markedly in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 92.5 | 105 | 114 | 85.4 | -2.6% |
| Bulgaria | 14.6 | 31.5 | 80.5 | 63.0 | 62.8% |
| Netherlands | N/A | N/A | 48.3 | 54.6 | 13.0% |
| Poland | N/A | N/A | N/A | 5.2 | 0% |
| Spain | N/A | N/A | 76.7 | 2.8 | -96.3% |
| Others | 1.0 | 9.3 | 8.0 | N/A | 182.8% |
| Total | 108 | 145 | 328 | 211 | 25.0% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Greece in 2022:
- Bulgaria (20.2 tons)
- Netherlands (15.2 tons)
- Italy (13.5 tons)
- Poland (1.6 tons)
- Spain (0.8 tons)
Exports of Cocoa; Paste, Wholly or Partly Defatted in Greece
In 2022, after three years of growth, there was significant decline in shipments abroad of cocoa; paste, wholly or partly defatted, when their volume decreased by -63% to 1.1 tons. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports attained the peak of 3.1 tons, and then contracted remarkably in the following year.
In value terms, exports of cocoa; paste, wholly or partly defatted fell rapidly to $3.8K in 2022. In general, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 2.1 | 0% |
| Bulgaria | 4.0 | 4.0 | 1.6 | 1.4 | -29.5% |
| Germany | 0.9 | 0.8 | 1.3 | 0.2 | -39.4% |
| Cyprus | 5.0 | 6.6 | 5.2 | N/A | 2.0% |
| Romania | N/A | N/A | 5.2 | N/A | 0% |
| Others | N/A | 0.5 | 0.3 | 0.1 | -55.3% |
| Total | 10.0 | 11.9 | 13.7 | 3.8 | -27.6% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Greece in 2022:
- United States (806.0 kg)
- Bulgaria (295.0 kg)
- Germany (23.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in Greece.
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This report provides an in-depth analysis of the cocoa paste market in Greece.
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This report provides an in-depth analysis of the global cocoa paste market.
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