Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Australia - 2023

Contents:

1. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Australia (FOB) - 2022
2. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Australia (CIF) - 2022
3. Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Australia
4. Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Australia

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

In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $13,016 per ton, increasing by 31% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2021 an increase of 36%. Over the period under review, the average export prices hit record highs at $18,268 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2017 to 2022, the rate of growth in terms of prices for Japan amounted to +24.4% per year.

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $10,542 per ton, falling by -7.7% against the previous year. Overall, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $11,427 per ton in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($9,933 per ton), while the price for Peru totaled $7,572 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-0.9%).

Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Australia

In 2022, overseas shipments of cocoa; shells, husks, skins and other cocoa wastes decreased by -23.8% to 3.4 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 882%. As a result, the exports attained the peak of 5.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes stood at $44K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 963% 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.

Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from Australia in 2022:

1. Japan (3.4 tons)

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

For the third consecutive year, Australia recorded decline in overseas purchases of cocoa; shells, husks, skins and other cocoa wastes, which decreased by -1.5% to 1.2 tons in 2022. In general, imports faced a sharp descent.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes contracted to $12K in 2022. Over the period under review, imports faced a sharp downturn.

Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to Australia in 2022:

1. New Zealand (1010.0 kg)
2. Peru (166.0 kg)

Source: IndexBox Market Intelligence Platform