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

Contents:

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

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

In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $99 per ton, surging by 17% against the previous year. In general, the export price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 80%. The export price peaked at $556 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($208 per ton), while the average price for exports to Spain ($68 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+40.5%), while the prices for the other major destinations experienced a decline.

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

The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $206 per ton in 2022, remaining stable against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 26%. As a result, import price reached the peak level of $247 per ton. From 2014 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 Germany ($214 per ton), while the price for the Netherlands amounted to $140 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the prices for the other major suppliers experienced a decline.

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

For the fourth year in a row, Switzerland recorded growth in overseas shipments of cocoa; shells, husks, skins and other cocoa wastes, which increased by 43% to 1.9K tons in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 270% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes surged to $184K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 261%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Spain (1401.4 tons)
2. Germany (458.2 tons)
3. Austria (0.2 tons)

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

In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes imported into Switzerland contracted notably to 519 tons, which is down by -15.8% on 2021. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 617 tons, and then shrank notably in the following year.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes dropped dramatically to $107K in 2022. In general, imports showed a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $127K, and then reduced notably in the following year.

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

1. Germany (420.4 tons)
2. Netherlands (97.9 tons)

Source: IndexBox Market Intelligence Platform