Price for Cocoa; Paste, Wholly or Partly Defatted in Slovakia - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Slovakia (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Slovakia
Price for Cocoa; Paste, Wholly or Partly Defatted in Slovakia (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $6,679 per ton, rising by 15% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 104%. Over the period under review, average import prices hit record highs at $20,282 per ton in 2019; however, from 2020 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 +6.5% per year.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Slovakia
After three years of growth, overseas purchases of cocoa; paste, wholly or partly defatted decreased by -49.1% to 168 kg in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 560% against the previous year. As a result, imports attained the peak of 330 kg, and then declined notably in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted declined remarkably to $1.1K in 2022. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 519%. As a result, imports reached the peak of $1.9K, and then contracted dramatically in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Slovakia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 235 | 1,893 | 967 | 102.9% |
| Spain | 701 | N/A | N/A | N/A | 0% |
| Czech Republic | 90.0 | 75.0 | 25.0 | N/A | -47.3% |
| Others | N/A | N/A | N/A | 155 | 0% |
| Total | 791 | 310 | 1,918 | 1,122 | 12.4% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Slovakia in 2022:
- Italy (156.0 kg)
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