Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in China - 2023
Contents:
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in China (CIF) - 2022
- Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in China
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in China (CIF) - 2022
In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $116 per ton, with an increase of 26% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $129 per ton in 2014; however, from 2015 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 Indonesia ($233 per ton), while the price for Singapore ($50 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.2%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in China
In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes imported into China rose rapidly to 12K tons, surging by 11% against 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes soared to $1.4M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 336 | 531 | 759 | 1,002 | 43.9% |
| Indonesia | N/A | 5.5 | 138 | 218 | 529.6% |
| Nigeria | N/A | N/A | 63.6 | 130 | 104.4% |
| Cote d'Ivoire | N/A | N/A | N/A | 32.0 | 0% |
| Singapore | N/A | 16.0 | 27.5 | 22.5 | 18.6% |
| Others | N/A | N/A | 19.3 | 2.8 | -85.5% |
| Total | 336 | 553 | 1,007 | 1,408 | 61.2% |
Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to China in 2022:
- Ghana (9.2K tons)
- Nigeria (1.1K tons)
- Indonesia (0.9K tons)
- Singapore (0.5K tons)
- Cote d'Ivoire (0.4K tons)
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