Price for Cocoa; Paste, Wholly or Partly Defatted in Switzerland - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Switzerland (CIF) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in Switzerland (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Switzerland
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Switzerland
Price for Cocoa; Paste, Wholly or Partly Defatted in Switzerland (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $8,354 per ton, waning by -12.9% against the previous year. Over the period under review, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2020 an increase of 58% against the previous year. The import price peaked at $17,243 per ton in 2017; however, from 2018 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 France ($15,826 per ton), while the price for the United States ($3,914 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa; Paste, Wholly or Partly Defatted in Switzerland (FOB) - 2022
The average export price for cocoa; paste, wholly or partly defatted stood at $2,556 per ton in 2022, reducing by -60.7% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 412%. As a result, the export price attained the peak level of $10,233 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($4,333 per ton), while the average price for exports to Germany ($1,000 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 the UK (+21.0%), while the prices for the other major destinations experienced a decline.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Switzerland
In 2022, the amount of cocoa; paste, wholly or partly defatted imported into Switzerland shrank sharply to 2 tons, which is down by -82.8% on the year before. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 1,049% against the previous year. As a result, imports reached the peak of 12 tons, and then fell notably in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted fell dramatically to $17K in 2022. Over the period under review, imports faced a deep setback. The growth pace was the most rapid in 2021 with an increase of 792% against the previous year. As a result, imports reached the peak of $114K, and then fell significantly in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 19.6 | 5.3 | 8.3 | 4.9 | -37.0% |
| France | 8.1 | 6.8 | 4.0 | 3.8 | -22.3% |
| United States | N/A | N/A | 2.9 | 3.2 | 10.3% |
| Netherlands | N/A | N/A | 0.4 | 2.1 | 425.0% |
| Germany | 0.1 | 0.1 | 91.6 | 1.8 | 162.1% |
| Italy | N/A | N/A | 3.0 | 0.1 | -96.7% |
| Peru | 2.6 | 0.6 | 2.6 | 0.1 | -66.2% |
| Others | N/A | N/A | 1.3 | 1.0 | -23.1% |
| Total | 30.4 | 12.8 | 114 | 17.1 | -17.5% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Switzerland in 2022:
- United States (818.0 kg)
- Belgium (414.0 kg)
- Netherlands (298.0 kg)
- France (242.0 kg)
- Germany (180.0 kg)
- Italy (28.0 kg)
- Peru (17.0 kg)
Exports of Cocoa; Paste, Wholly or Partly Defatted in Switzerland
In 2022, shipments abroad of cocoa; paste, wholly or partly defatted decreased by -97.4% to 9 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a dramatic shrinkage.
In value terms, exports of cocoa; paste, wholly or partly defatted declined rapidly to $23 in 2022. In general, exports faced a dramatic decline.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Switzerland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 786 | 13.0 | -98.3% |
| Netherlands | N/A | N/A | N/A | 8.0 | 0% |
| Germany | N/A | N/A | N/A | 2.0 | 0% |
| United Kingdom | 201 | N/A | 1,473 | N/A | 170.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 201 | N/A | 2,259 | 23.0 | -51.5% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Switzerland in 2022:
- Netherlands (4.0 kg)
- Italy (3.0 kg)
- Germany (2.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in Switzerland.
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This report provides an in-depth analysis of the cocoa paste market in Switzerland.
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This report provides an in-depth analysis of the global cocoa paste market.
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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.
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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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