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

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

The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $3,333 per ton in 2022, shrinking by -33.3% against the previous year. In general, the import price saw a sharp contraction. Over the period under review, average import prices attained the peak figure at $5,000 per ton in 2021, and then fell dramatically in the following year.

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 Lithuania ($6,000 per ton), while the price for Germany ($1,000 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+500.0%).

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

In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes imported into Latvia declined sharply to 3 kg, waning by -25% on the previous year's figure. In general, imports saw a dramatic curtailment.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes contracted markedly to $10 in 2022. Over the period under review, imports faced a sharp curtailment.