Price for Cocoa; Paste, Wholly or Partly Defatted in South Africa - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in South Africa (CIF) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in South Africa (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in South Africa
- Exports of Cocoa; Paste, Wholly or Partly Defatted in South Africa
Price for Cocoa; Paste, Wholly or Partly Defatted in South Africa (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $3,710 per ton, surging by 22% against the previous year. In general, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2020 an increase of 77%. As a result, import price reached the peak level of $5,187 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +15.0% per year.
Price for Cocoa; Paste, Wholly or Partly Defatted in South Africa (FOB) - 2022
The average export price for cocoa; paste, wholly or partly defatted stood at $10,074 per ton in 2022, declining by -8.4% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2021 an increase of 78% against the previous year. As a result, the export price reached the peak level of $11,000 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($11,729 per ton), while the average price for exports to Ghana ($2,392 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 Mozambique (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste, Wholly or Partly Defatted in South Africa
In 2022, imports of cocoa; paste, wholly or partly defatted into South Africa shrank remarkably to 21 tons, waning by -98.2% on the previous year's figure. Overall, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 95%. As a result, imports attained the peak of 1.2K tons, and then fell rapidly in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted contracted dramatically to $78K in 2022. Over the period under review, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 14%.
| Import of Cocoa; Paste, Wholly or Partly Defatted in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | N/A | 3.1 | N/A | N/A | 0% |
| Indonesia | N/A | N/A | 3.4 | N/A | 0% |
| Turkey | 2.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 2.8 | 3.1 | 3.6 | 0.1 | -67.1% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to South Africa in 2022:
- Cote d'Ivoire (21.0 tons)
Exports of Cocoa; Paste, Wholly or Partly Defatted in South Africa
In 2022, overseas shipments of cocoa; paste, wholly or partly defatted increased by 724% to 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt downturn.
In value terms, exports of cocoa; paste, wholly or partly defatted surged to $34K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Cocoa; Paste, Wholly or Partly Defatted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | 0.5 | 25.4 | 4980.0% |
| Botswana | 4.7 | 4.8 | 3.6 | 6.8 | 13.1% |
| Ghana | N/A | N/A | N/A | 1.3 | 0% |
| Lesotho | N/A | N/A | 0.4 | 0.7 | 75.0% |
| Namibia | N/A | 0.6 | N/A | N/A | 0% |
| Zimbabwe | 1.5 | N/A | N/A | N/A | 0% |
| Zambia | 28.6 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 34.9 | 5.5 | 4.5 | 34.2 | -0.7% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from South Africa in 2022:
- Mozambique (2168.0 kg)
- Botswana (585.0 kg)
- Ghana (558.0 kg)
- Lesotho (84.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in South Africa.
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This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in South Africa.
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This report provides an in-depth analysis of the global cocoa paste market.
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The most significant growth rate occurred in April 2023 with a month-to-month increase of 137% in imports. However, the value of cocoa paste imports saw a sharp decline to $713K in July 2023.
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The most significant growth rate occurred in April 2023 with a month-to-month increase of 137% in imports. However, the value of cocoa paste imports saw a sharp decline to $713K in July 2023.
160
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
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In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
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