Price for Cocoa; Paste, Wholly or Partly Defatted in Tunisia - 2022

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Tunisia (CIF) - 2022
  2. Price for Cocoa; Paste, Wholly or Partly Defatted in Tunisia (FOB) - 2022
  3. Imports of Cocoa; Paste, Wholly or Partly Defatted in Tunisia
  4. Exports of Cocoa; Paste, Wholly or Partly Defatted in Tunisia

Price for Cocoa; Paste, Wholly or Partly Defatted in Tunisia (CIF) - 2022

The average import price for cocoa; paste, wholly or partly defatted stood at $3,338 per ton in 2022, shrinking by -8.2% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa; paste, wholly or partly defatted increased by +24.7% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 37%. Over the period under review, average import prices hit record highs at $4,285 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Cote d'Ivoire ($5,332 per ton), while the price for Lithuania totaled $1,555 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+7.8%), while the prices for the other major suppliers experienced a decline.

Price for Cocoa; Paste, Wholly or Partly Defatted in Tunisia (FOB) - 2022

The average export price for cocoa; paste, wholly or partly defatted stood at $3,422 per ton in 2021, leveling off at the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for France.

From 2019 to 2021, the rate of growth in terms of prices for France amounted to 0.0% per year.

Imports of Cocoa; Paste, Wholly or Partly Defatted in Tunisia

In 2022, imports of cocoa; paste, wholly or partly defatted into Tunisia expanded significantly to 4.5 tons, surging by 13% compared with the year before. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of cocoa; paste, wholly or partly defatted expanded slightly to $15K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Cocoa; Paste, Wholly or Partly Defatted in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire4.81.72.711.232.6%
LithuaniaN/AN/A0.63.7516.7%
France2.84.69.7N/A86.1%
OthersN/A4.61.4N/A-69.6%
Total7.510.914.314.925.7%

Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Tunisia in 2022:

  1. Lithuania (2.4 tons)
  2. Cote d'Ivoire (2.1 tons)

Exports of Cocoa; Paste, Wholly or Partly Defatted in Tunisia

Exports of cocoa; paste, wholly or partly defatted from Tunisia was estimated at 64 kg in 2021, flattening at the previous year. Over the period under review, exports recorded a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of cocoa; paste, wholly or partly defatted totaled $219 in 2021. Overall, exports recorded a precipitous contraction. The smallest decline of 99.9% was in 2020.

Export of Cocoa; Paste, Wholly or Partly Defatted in Tunisia (USD)
COUNTRY201920202021CAGR,
2019-2021
FranceN/AN/A1090%
Gambia825N/AN/A0%
Others21.0N/A110128.9%
Total846N/A219-49.1%

Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Tunisia in 2022:

  1. France (32.0 kg)

Source: IndexBox Market Intelligence Platform

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