Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United Arab Emirates - 2022

Contents:

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

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $1,920 per ton, reducing by -66.6% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 295% against the previous year. As a result, import price attained the peak level of $19,196 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,300 per ton), while the price for Yemen ($1,156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-4.1%), while the prices for the other major suppliers experienced a decline.

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $14,000 per ton, increasing by 108% against the previous year. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 112% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +43.4% per year.

Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United Arab Emirates

In 2022, purchases abroad of cocoa; shells, husks, skins and other cocoa wastes decreased by -85.8% to 575 kg, falling for the second year in a row after two years of growth. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 43,436% against the previous year. As a result, imports reached the peak of 40 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 shrank notably to $1.1K in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 21,907%. As a result, imports reached the peak of $62K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to the United Arab Emirates in 2022:

1. Yemen (525.0 kg)
2. India (29.0 kg)
3. France (20.0 kg)

Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United Arab Emirates

In 2022, shipments abroad of cocoa; shells, husks, skins and other cocoa wastes decreased by -99% to 1 kg, falling for the second year in a row after two years of growth. Overall, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 157% against the previous year. As a result, the exports attained the peak of 396 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes contracted dramatically to $14 in 2022. In general, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 421%. As a result, the exports attained the peak of $1.3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from the United Arab Emirates in 2022:

1. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform