Price for Cocoa; Paste, Not Defatted in Uzbekistan - 2023

Contents:

  1. Price for Cocoa; Paste, Not Defatted in Uzbekistan (CIF) - 2022
  2. Imports of Cocoa; Paste, Not Defatted in Uzbekistan

Price for Cocoa; Paste, Not Defatted in Uzbekistan (CIF) - 2022

In 2022, the average cocoa; paste, not defatted import price amounted to $3,466 per ton, waning by -11.6% against the previous year. Over the period under review, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 31% against the previous year. The import price peaked at $3,921 per ton in 2021, and then contracted in the following year.

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 Malaysia ($4,480 per ton), while the price for Latvia ($2,507 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cocoa; Paste, Not Defatted in Uzbekistan

In 2022, the amount of cocoa; paste, not defatteds imported into Uzbekistan rose markedly to 201 tons, increasing by 9% on the previous year's figure. In general, imports recorded moderate growth. The pace of growth was the most pronounced in 2020 with an increase of 84% against the previous year. As a result, imports reached the peak of 334 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cocoa; paste, not defatted imports dropped modestly to $697K in 2022. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 116%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cocoa; Paste, Not Defatted in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey22.39.06.9181101.0%
Latvia33.711159.817071.5%
Estonia23.410312316591.8%
Malaysia37.830275.689.633.3%
Netherlands18913079.836.9-42.0%
Cote d'Ivoire41.253.418.135.3-5.0%
Ghana44.720711418.2-25.9%
Lithuania65.010839.0N/A-22.5%
Others39.350.0207N/A129.5%
Total4961,07472369712.0%

Top Suppliers of Cocoa; Paste, Not Defatted to Uzbekistan in 2022:

  1. Latvia (68.0 tons)
  2. Turkey (48.0 tons)
  3. Estonia (40.0 tons)
  4. Malaysia (20.0 tons)
  5. Netherlands (10.0 tons)
  6. Cote d'Ivoire (10.0 tons)
  7. Ghana (5.0 tons)

Source: IndexBox Market Intelligence Platform

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