Price for Cocoa; Paste, Wholly or Partly Defatted in Libya - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Libya (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Libya
Price for Cocoa; Paste, Wholly or Partly Defatted in Libya (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $2,686 per ton in 2022, rising by 4.5% against the previous year. In general, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 13%. Over the period under review, average import prices hit record highs at $3,839 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -2.9% per year.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Libya
In 2022, purchases abroad of cocoa; paste, wholly or partly defatted was finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a drastic downturn.
In value terms, imports of cocoa; paste, wholly or partly defatted soared to $35K in 2022. In general, imports, however, saw a dramatic downturn.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 77.5 | 44.3 | 25.3 | 32.5 | -25.1% |
| Others | N/A | N/A | N/A | 2.4 | 0% |
| Total | 77.5 | 44.3 | 25.3 | 34.8 | -23.4% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Libya in 2022:
- Italy (13.0 tons)
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This report provides an in-depth analysis of the cocoa paste market in Libya.
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