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

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Peru (FOB) - 2022
  2. Price for Cocoa; Paste, Wholly or Partly Defatted in Peru (CIF) - 2022
  3. Exports of Cocoa; Paste, Wholly or Partly Defatted in Peru
  4. Imports of Cocoa; Paste, Wholly or Partly Defatted in Peru

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

The average export price for cocoa; paste, wholly or partly defatted stood at $2,994 per ton in 2022, rising by 21% against the previous year. Overall, the export price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 43%. The export price peaked at $3,387 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($5,968 per ton), while the average price for exports to Brazil ($2,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-0.5%), while the prices for the other major destinations experienced a decline.

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

The average import price for cocoa; paste, wholly or partly defatted stood at $3,476 per ton in 2022, reducing by -23% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 215%. The import price peaked at $4,511 per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,497 per ton), while the price for the UK ($2,167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+88.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of cocoa; paste, wholly or partly defatted was finally on the rise to reach 4.8K tons after two years of decline. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cocoa; paste, wholly or partly defatted skyrocketed to $15M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cocoa; Paste, Wholly or Partly Defatted in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,4462624047,31971.7%
Uruguay1171593693,351206.0%
FranceN/AN/AN/A1,4790%
Dominican Republic10365.817243161.1%
Colombia17612312940231.7%
Brazil1,230531164293-38.0%
ArgentinaN/AN/AN/A2470%
Ecuador25996.7N/AN/A-62.7%
Guatemala388402458N/A8.6%
Others45036343098329.8%
Total4,1682,0022,12714,50551.5%

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

  1. Spain (2725.0 tons)
  2. Uruguay (1204.6 tons)
  3. France (247.8 tons)
  4. Dominican Republic (150.0 tons)
  5. Colombia (120.0 tons)
  6. Brazil (115.0 tons)
  7. Argentina (78.0 tons)

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

Imports of cocoa; paste, wholly or partly defatted into Peru soared to 2.1 tons in 2022, rising by 215% against the previous year's figure. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 74,560%. As a result, imports attained the peak of 3.7 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cocoa; paste, wholly or partly defatted soared to $7.4K in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 234,780% against the previous year. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cocoa; Paste, Wholly or Partly Defatted in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A6.50%
United StatesN/A1.91.70.8-35.1%
United KingdomN/A0.40.10.1-50.0%
IndonesiaN/A0.30.1N/A-66.7%
PolandN/A9.21.1N/A-88.0%
OthersN/AN/AN/AN/A0%
TotalN/A11.73.07.4-20.5%

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

  1. Italy (1863.0 kg)
  2. United States (227.0 kg)
  3. United Kingdom (24.0 kg)
  4. Indonesia (13.0 kg)

Source: IndexBox Market Intelligence Platform

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