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

Contents:

1. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Portugal (CIF) - 2022
2. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Portugal (FOB) - 2023
3. Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Portugal
4. Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Portugal

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $38,392 per ton, rising by 4,352% against the previous year. Over the period under review, the import price continues to indicate significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($44,000 per ton), while the price for Spain ($2,816 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+137.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Portugal (FOB) - 2023

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $1,702 per ton in October 2023, with an increase of 13% against the previous month. Overall, the export price recorded a tangible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +3.2% per month.

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

Imports of cocoa; shells, husks, skins and other cocoa wastes into Portugal dropped to 11 tons in 2022, which is down by -7.8% against the year before. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 11,763%. As a result, imports attained the peak of 12 tons, and then reduced in the following year.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes skyrocketed to $420K in 2022. In general, imports, however, saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Cote d'Ivoire (10.7 tons)
2. Spain (0.2 tons)

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

In 2022, after two years of decline, there was decline in shipments abroad of cocoa; shells, husks, skins and other cocoa wastes, when their volume decreased by 0% to 184 tons. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes amounted to $417K in 2022. Overall, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Spain (184.2 tons)

Source: IndexBox Market Intelligence Platform