Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland - 2023

Contents:

  1. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland (CIF) - 2022
  2. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland (FOB) - 2022
  3. Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland
  4. Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland (CIF) - 2022

In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $5,281 per ton, falling by -12.2% against the previous year. Overall, the import price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of 96%. The import price peaked at $6,013 per ton in 2021, and then declined in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($5,954 per ton) and Peru ($5,897 per ton), while the price for Belgium ($4,094 per ton) and Germany ($4,300 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland (FOB) - 2022

In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $11,156 per ton, surging by 7.7% against the previous year. In general, the export price, however, saw a mild contraction. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. Over the period under review, the average export prices attained the maximum at $12,100 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2017 to 2022, the rate of growth in terms of prices for the UK amounted to +21.1% per year.

Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland

In 2022, imports of cocoa beans; whole or broken, raw or roasteds into Ireland skyrocketed to 32 tons, rising by 33% on the year before. Over the period under review, imports, however, showed a precipitous curtailment.

In value terms, imports of cocoa beans; whole or broken, raw or roasteds soared to $168K in 2022. In general, imports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 114% against the previous year. As a result, imports reached the peak of $728K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A60.20%
PolandN/A10.39.437.490.6%
NetherlandsN/A13.63.432.755.1%
Belgium32.87.46.611.5-29.5%
United Kingdom27268879.17.2-70.2%
Peru1.6N/A23.15.752.7%
Germany29.03.48.33.3-51.5%
Others5.65.113.79.720.1%
Total341728144168-21.0%

Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Ireland in 2022:

  1. Sweden (11.0 tons)
  2. Poland (6.9 tons)
  3. Netherlands (6.5 tons)
  4. Belgium (2.8 tons)
  5. United Kingdom (1.2 tons)
  6. Peru (1.0 tons)
  7. Germany (0.8 tons)

Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland

After two years of decline, overseas shipments of cocoa beans; whole or broken, raw or roasteds increased by 1,164% to 455 kg in 2022. Over the period under review, exports enjoyed noticeable growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cocoa beans; whole or broken, raw or roasteds surged to $5.1K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.60.60.35.125.2%
OthersN/AN/A0.1N/A0%
Total2.60.60.45.125.2%

Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Ireland in 2022:

  1. United Kingdom (454.0 kg)

Source: IndexBox Market Intelligence Platform

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