Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore - 2022
Contents:
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore (FOB) - 2022
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore (CIF) - 2022
- Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore
- Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore (FOB) - 2022
In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $126 per ton, growing by 2.2% against the previous year. Over the period under review, the export price, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 an increase of 153% against the previous year. The export price peaked at $2,288 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($167 per ton), while the average price for exports to China totaled $120 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.5%), while the prices for the other major destinations experienced a decline.
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore (CIF) - 2022
In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $2,519 per ton, surging by 8.6% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 673%. The import price peaked at $2,851 per ton in 2017; however, from 2018 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 France ($35,808 per ton), while the price for the Netherlands ($1,133 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+44.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore
In 2022, approx. 513 tons of cocoa; shells, husks, skins and other cocoa wastes were exported from Singapore; shrinking by -29.3% against the previous year's figure. Over the period under review, exports showed a dramatic contraction.
In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes contracted remarkably to $65K in 2022. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 78%. As a result, the exports attained the peak of $159K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 29.8 | 72.0 | 54.0 | 34.6% |
| Philippines | 23.0 | 34.9 | 17.4 | 10.5 | -23.0% |
| Malaysia | 66.2 | 47.9 | N/A | N/A | -27.6% |
| Others | N/A | 46.2 | N/A | N/A | 0% |
| Total | 89.2 | 159 | 89.4 | 64.6 | -10.2% |
Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from Singapore in 2022:
- China (450.0 tons)
- Philippines (63.0 tons)
Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore
In 2022, purchases abroad of cocoa; shells, husks, skins and other cocoa wastes decreased by -36.8% to 1.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 583%. As a result, imports attained the peak of 57 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes fell markedly to $3.3K in 2022. Overall, imports faced a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 15%. As a result, imports reached the peak of $17K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.5 | 0.6 | 0.4 | 1.0 | 26.0% |
| France | 0.3 | N/A | N/A | 0.9 | 44.2% |
| Malaysia | 0.6 | 5.7 | 0.4 | 0.5 | -5.9% |
| Australia | N/A | N/A | 0.2 | 0.4 | 100.0% |
| China | 6.6 | N/A | N/A | 0.1 | -75.3% |
| Sri Lanka | 4.7 | 3.8 | 0.1 | N/A | -85.4% |
| Poland | N/A | N/A | 1.4 | N/A | 0% |
| Brazil | N/A | 5.1 | N/A | N/A | 0% |
| Others | 2.1 | 1.8 | 2.4 | 0.4 | -42.5% |
| Total | 14.7 | 17.0 | 4.8 | 3.3 | -39.2% |
Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to Singapore in 2022:
- Netherlands (850.0 kg)
- Malaysia (224.0 kg)
- Australia (185.0 kg)
- France (26.0 kg)
- China (22.0 kg)
- Poland (5.0 kg)
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