Price for Cocoa; Paste, Wholly or Partly Defatted in Spain - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Spain (CIF) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in Spain (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Spain
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Spain
Price for Cocoa; Paste, Wholly or Partly Defatted in Spain (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $2,273 per ton in 2022, picking up by 15% against the previous year. Overall, the import price, however, saw a perceptible reduction. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. The import price peaked at $3,430 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 ($2,881 per ton), while the price for the UK ($1,477 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+3.7%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa; Paste, Wholly or Partly Defatted in Spain (FOB) - 2022
In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $2,292 per ton, picking up by 73% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2016 an increase of 84% against the previous year. The export price peaked at $2,530 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($9,755 per ton), while the average price for exports to Austria ($636 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 Germany (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Spain
In 2022, approx. 77K tons of cocoa; paste, wholly or partly defatted were imported into Spain; which is down by -12% compared with the year before. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports reached the peak of 87K tons, and then contracted in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted totaled $175M in 2022. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 52.2 | 54.4 | 86.3 | 100 | 24.2% |
| Ghana | 18.1 | 23.5 | 40.8 | 23.2 | 8.6% |
| Indonesia | 9.4 | 21.7 | 23.4 | 18.7 | 25.8% |
| Cameroon | 1.2 | 1.3 | 1.7 | 13.8 | 125.7% |
| Peru | 1.9 | 0.6 | 0.5 | 8.0 | 61.5% |
| Nigeria | 6.3 | 3.0 | 4.8 | 5.2 | -6.2% |
| United Kingdom | 2.3 | 1.6 | 2.5 | 2.4 | 1.4% |
| Others | 3.3 | 3.0 | 12.7 | 3.3 | 0.0% |
| Total | 94.9 | 109 | 173 | 175 | 22.6% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Spain in 2022:
- Cote d'Ivoire (44.1K tons)
- Ghana (10.0K tons)
- Indonesia (7.7K tons)
- Cameroon (6.5K tons)
- Peru (2.8K tons)
- Nigeria (2.0K tons)
- United Kingdom (1.6K tons)
Exports of Cocoa; Paste, Wholly or Partly Defatted in Spain
In 2022, the amount of cocoa; paste, wholly or partly defatted exported from Spain surged to 1K tons, increasing by 431% against 2021 figures. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 550% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of cocoa; paste, wholly or partly defatted surged to $2.4M in 2022. Overall, exports recorded significant growth. 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | 66.1 | 800 | 1110.3% |
| Netherlands | 19.8 | N/A | N/A | 677 | 224.6% |
| Uruguay | N/A | N/A | N/A | 649 | 0% |
| China | N/A | 71.6 | 60.5 | 130 | 34.7% |
| Austria | N/A | N/A | N/A | 61.1 | 0% |
| Uzbekistan | 98.5 | 82.9 | N/A | N/A | -15.8% |
| Ghana | N/A | N/A | 51.5 | N/A | 0% |
| Others | 60.2 | 730 | 81.7 | 68.3 | 4.3% |
| Total | 178 | 885 | 260 | 2,386 | 137.5% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Spain in 2022:
- Netherlands (320.2 tons)
- Uruguay (280.0 tons)
- Morocco (186.6 tons)
- China (150.0 tons)
- Austria (96.0 tons)
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This report provides an in-depth analysis of the cocoa paste market in Spain.
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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 Spain.
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This report provides an in-depth analysis of the global cocoa paste market.
281
In October 2022, the cocoa paste price stood at $2,641 per ton (CIF, Spain), leveling off at the previous month.
179
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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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...
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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...
1168
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...
281
In October 2022, the cocoa paste price stood at $2,641 per ton (CIF, Spain), leveling off at the previous month.
179
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.
1347
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 ...
819
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...
