Price for Cocoa; Paste, Wholly or Partly Defatted in Iraq - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Iraq (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Iraq
Price for Cocoa; Paste, Wholly or Partly Defatted in Iraq (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $1,874 per ton in 2022, with a decrease of -39.4% against the previous year. In general, the import price showed a abrupt decline. The growth pace was the most rapid in 2018 when the average import price increased by 109%. Over the period under review, average import prices reached the peak figure at $4,731 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Turkey ($4,575 per ton), while the price for the United Arab Emirates amounted to $1,871 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.4%).
Imports of Cocoa; Paste, Wholly or Partly Defatted in Iraq
In 2022, approx. 89 tons of cocoa; paste, wholly or partly defatted were imported into Iraq; jumping by 98% on the previous year's figure. In general, imports saw a significant expansion. 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 $167K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 85%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 167 | 0% |
| Turkey | 40.7 | 75.3 | 139 | 0.5 | -76.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 40.7 | 75.3 | 139 | 167 | 60.1% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Iraq in 2022:
- United Arab Emirates (89.1 tons)
- Turkey (0.1 tons)
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