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

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Guatemala (CIF) - 2022
  2. Price for Cocoa; Paste, Wholly or Partly Defatted in Guatemala (FOB) - 2022
  3. Imports of Cocoa; Paste, Wholly or Partly Defatted in Guatemala
  4. Exports of Cocoa; Paste, Wholly or Partly Defatted in Guatemala

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

In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $3,209 per ton, jumping by 41% against the previous year. In general, the import price, however, saw a noticeable curtailment. Over the period under review, average import prices reached the peak figure at $4,106 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -2.4% per year.

Price for Cocoa; Paste, Wholly or Partly Defatted in Guatemala (FOB) - 2022

In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $4,598 per ton, surging by 24% against the previous year. Overall, the export price, however, recorded a perceptible descent. The export price peaked at $26,218 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +43.0% per year.

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

In 2022, imports of cocoa; paste, wholly or partly defatted into Guatemala skyrocketed to 102 tons, jumping by 402% on 2021 figures. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cocoa; paste, wholly or partly defatted skyrocketed to $326K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cocoa; Paste, Wholly or Partly Defatted in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador30.176.646.0326121.3%
OthersN/AN/AN/AN/A0%
Total30.176.646.0326121.3%

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

  1. Ecuador (101.5 tons)

Exports of Cocoa; Paste, Wholly or Partly Defatted in Guatemala

In 2022, shipments abroad of cocoa; paste, wholly or partly defatted was finally on the rise to reach 984 kg after two years of decline. Over the period under review, exports, however, faced a deep downturn.

In value terms, exports of cocoa; paste, wholly or partly defatted soared to $4.5K in 2022. In general, exports, however, continue to indicate a sharp decline.

Export of Cocoa; Paste, Wholly or Partly Defatted in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.33.70.34.5-5.3%
Netherlands7.70.8N/AN/A-89.6%
Iceland4.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total17.04.50.34.5-35.8%

Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Guatemala in 2022:

  1. United States (984.0 kg)

Source: IndexBox Market Intelligence Platform

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