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

Contents:

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

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $428 per ton, rising by 27% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The import price peaked at $490 per ton in 2012; however, from 2013 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 Germany ($564 per ton), while the price for Sweden totaled $248 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $7,079 per ton in 2022, declining by -7.8% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2016 when the average export price increased by 43% against the previous year. The export price peaked at $21,299 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -14.2% per year.

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

In 2022, approx. 6 tons of cocoa; shells, husks, skins and other cocoa wastes were imported into Norway; dropping by -75.5% compared with the year before. In general, imports recorded a precipitous slump. The smallest decline of -54.3% was in 2021.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes reduced dramatically to $2.6K in 2022. Over the period under review, imports faced a sharp decline. The smallest decline of -50.4% was in 2021.

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

1. Sweden (3.5 tons)
2. Germany (2.4 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of cocoa; shells, husks, skins and other cocoa wastes, when their volume decreased by -17.4% to 38 kg. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 700% against the previous year.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes shrank significantly to $269 in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 988% against the previous year.

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

1. Sweden (36.0 kg)

Source: IndexBox Market Intelligence Platform