Price for Cocoa; Paste, Wholly or Partly Defatted in Iran - 2022

Contents:

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

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

In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $3,993 per ton, falling by -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 an increase of 8.5% against the previous year. As a result, import price attained the peak level of $4,169 per ton, and then declined in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +16.7% per year.

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

In 2022, purchases abroad of cocoa; paste, wholly or partly defatted was finally on the rise to reach 303 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep contraction.

In value terms, imports of cocoa; paste, wholly or partly defatted rose slightly to $1.2M in 2022. Over the period under review, imports, however, continue to indicate a perceptible descent.

Import of Cocoa; Paste, Wholly or Partly Defatted in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,2461,2521,1541,210-1.0%
Malaysia91.0N/AN/AN/A0%
OthersN/AN/A13.6N/A0%
Total1,3371,2521,1671,210-3.3%

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

  1. United Arab Emirates (303.0 tons)

Source: IndexBox Market Intelligence Platform

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