Price for Cocoa; Paste, Wholly or Partly Defatted in New Zealand - 2024
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in New Zealand (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in New Zealand
Price for Cocoa; Paste, Wholly or Partly Defatted in New Zealand (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $7,964 per ton, rising by 6.2% against the previous year. In general, the import price enjoyed a notable increase. The pace of growth was the most pronounced in 2020 an increase of 64%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 Peru ($24,000 per ton), while the price for Malaysia ($2,711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cocoa; Paste, Wholly or Partly Defatted in New Zealand
After two years of decline, overseas purchases of cocoa; paste, wholly or partly defatted increased by 273% to 112 kg in 2022. In general, imports, however, saw a sharp slump.
In value terms, imports of cocoa; paste, wholly or partly defatted skyrocketed to $892 in 2022. Overall, imports, however, showed a precipitous setback.
| Import of Cocoa; Paste, Wholly or Partly Defatted in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 15.6 | 1.0 | 0.1 | 0.5 | -68.2% |
| Peru | 10.7 | 0.1 | N/A | 0.2 | -73.5% |
| Malaysia | 8.0 | 0.4 | N/A | 0.1 | -76.8% |
| Belgium | 1.1 | N/A | N/A | N/A | 0% |
| United States | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Total | 37.6 | 1.6 | 0.2 | 0.9 | -71.2% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to New Zealand in 2022:
- Australia (56.0 kg)
- Malaysia (45.0 kg)
- Peru (10.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in New Zealand.
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This report provides an in-depth analysis of the cocoa paste market in New Zealand.
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This report provides an in-depth analysis of the global cocoa paste market.
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