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

Contents:

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

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

The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $2,504 per ton in 2022, increasing by 17% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The pace of growth was the most pronounced in 2015 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $17,333 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Honduras ($4,000 per ton), while the price for Poland amounted to $2,331 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.7%).

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $22,064 per ton in 2022, surging by 43% against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 230%. As a result, the export price reached the peak level of $35,800 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($22,500 per ton) and Sweden ($18,000 per ton), while the average price for exports to Switzerland ($16,000 per ton) and the United States ($17,800 per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+79.3%).

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

In 2022, supplies from abroad of cocoa; shells, husks, skins and other cocoa wastes decreased by -60.2% to 5.9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, enjoyed significant growth.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes contracted remarkably to $15K in 2022. Overall, imports, however, showed significant growth.

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

1. Poland (5.3 tons)
2. Honduras (0.6 tons)

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

In 2022, exports of cocoa; shells, husks, skins and other cocoa wastes from Guatemala skyrocketed to 47 kg, with an increase of 74% compared with the year before. Over the period under review, exports recorded a strong increase.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes soared to $1K in 2022. In general, exports, however, recorded a slight reduction.

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

1. Germany (20.0 kg)
2. United States (5.0 kg)
3. Switzerland (1.0 kg)
4. Sweden (1.0 kg)

Source: IndexBox Market Intelligence Platform