Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Angola - 2022

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Angola (CIF) - 2022

The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $3,675 per ton in 2022, with an increase of 2.3% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 61%. The import price peaked at $7,910 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to -6.8% per year.

Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Angola

In 2022, imports of cocoa; shells, husks, skins and other cocoa wastes into Angola skyrocketed to 381 kg, with an increase of 91% against the year before. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 2,743% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes skyrocketed to $1.4K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 2,283% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.