Price for Cocoa; Paste, Wholly or Partly Defatted in South Korea - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in South Korea (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in South Korea
Price for Cocoa; Paste, Wholly or Partly Defatted in South Korea (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $12,517 per ton in 2022, picking up by 37% against the previous year. Over the period under review, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 232%. As a result, import price attained the peak level of $18,331 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 +28.6% per year.
Imports of Cocoa; Paste, Wholly or Partly Defatted in South Korea
In 2022, purchases abroad of cocoa; paste, wholly or partly defatted decreased by -67.8% to 321 kg, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,418% against the previous year. As a result, imports reached the peak of 2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cocoa; paste, wholly or partly defatted contracted rapidly to $4K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 968%. As a result, imports attained the peak of $22K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Cocoa; Paste, Wholly or Partly Defatted in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | 0.4 | 0.3 | 3.9 | 212.2% |
Ghana | 2.0 | 21.0 | 7.9 | N/A | 98.7% |
Others | 0.1 | 0.6 | 1.0 | 0.1 | 0.0% |
Total | 2.1 | 21.9 | 9.1 | 4.0 | 24.0% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to South Korea in 2022:
- Italy (318.0 kg)
This report provides an in-depth analysis of the cocoa paste market in Republic of Korea.
This report provides an in-depth analysis of the global cocoa paste market.
This report provides an in-depth analysis of the cocoa paste market in Republic of Korea.
This report provides an in-depth analysis of the global cocoa paste market.
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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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.
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 ...
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...