Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Brazil - 2024

Contents:

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

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $382 per ton, rising by 37% against the previous year. Over the period under review, the import price, however, saw a sharp slump. The import price peaked at $8,241 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 Poland ($1,726 per ton), while the price for Ecuador ($310 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $4,569 per ton in 2022, increasing by 22% against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 279% against the previous year. As a result, the export price reached the peak level of $8,087 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($34,103 per ton), while the average price for exports to Uruguay ($1,650 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 Switzerland (+163.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes imported into Brazil surged to 6.4K tons, increasing by 27% against 2021. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 48% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes surged to $2.5M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Peru (3.2K tons)
2. Ghana (3.0K tons)
3. Poland (0.1K tons)
4. Ecuador (0.1K tons)

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

In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes exported from Brazil surged to 476 kg, growing by 163% on 2021. Over the period under review, exports, however, recorded a sharp reduction.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes soared to $2.2K in 2022. In general, exports, however, faced a dramatic descent.

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

1. Uruguay (303.0 kg)
2. Panama (49.0 kg)
3. France (29.0 kg)
4. Liberia (20.0 kg)
5. Hong Kong SAR (20.0 kg)
6. China (14.0 kg)
7. Marshall Islands (14.0 kg)
8. Singapore (8.0 kg)

Source: IndexBox Market Intelligence Platform