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

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Latvia (FOB) - 2022
  2. Exports of Cocoa; Paste, Wholly or Partly Defatted in Latvia

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

In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $2,385 per ton, surging by 16% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 33% against the previous year. As a result, the export price reached the peak level of $2,818 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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

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

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

In 2022, exports of cocoa; paste, wholly or partly defatted from Latvia reduced notably to 135 kg, shrinking by -53.3% compared with the previous year. In general, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 4,029%. As a result, the exports attained the peak of 289 kg, and then declined significantly in the following year.

In value terms, exports of cocoa; paste, wholly or partly defatted declined sharply to $322 in 2022. Overall, exports, however, posted a notable expansion. The pace of growth was the most pronounced in 2021 when exports increased by 5,309% against the previous year. As a result, the exports reached the peak of $595, and then dropped dramatically in the following year.

Export of Cocoa; Paste, Wholly or Partly Defatted in Latvia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands28.011.05.0322125.7%
SpainN/AN/A590N/A0%
Canada252N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total28011.05953224.8%

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

  1. Netherlands (135.0 kg)

Source: IndexBox Market Intelligence Platform

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