Price for Cocoa; Paste; Whether or Not Defatted in Costa Rica - 2022
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Costa Rica (CIF) - 2022
- Price for Cocoa; Paste; Whether or Not Defatted in Costa Rica (FOB) - 2022
- Imports of Cocoa; Paste; Whether or Not Defatted in Costa Rica
- Exports of Cocoa; Paste; Whether or Not Defatted in Costa Rica
Price for Cocoa; Paste; Whether or Not Defatted in Costa Rica (CIF) - 2022
In 2022, the average import price for cocoa; paste; whether or not defatteds amounted to $3,395 per ton, approximately equating the previous year. In general, the import price, however, recorded a slight reduction. The pace of growth was the most pronounced in 2021 an increase of 16%. Over the period under review, average import prices attained the peak figure at $4,100 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Spain ($7,400 per ton), while the price for Ecuador ($2,864 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in Costa Rica (FOB) - 2022
In 2022, the average export price for cocoa; paste; whether or not defatteds amounted to $6,293 per ton, growing by 27% against the previous year. Overall, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 102%. As a result, the export price attained the peak level of $6,717 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($7,086 per ton), while the average price for exports to the United States stood at $6,197 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste; Whether or Not Defatted in Costa Rica
For the fourth year in a row, Costa Rica recorded growth in overseas purchases of cocoa; paste; whether or not defatteds, which increased by 36% to 715 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa; paste; whether or not defatteds soared to $2.4M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cocoa; Paste; Whether or Not Defatted in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 406 | 780 | 840 | 1,396 | 50.9% |
| Peru | 732 | 518 | 764 | 848 | 5.0% |
| Ecuador | 63.9 | 76.3 | 148 | 172 | 39.1% |
| Others | 28.6 | 24.7 | 23.4 | 12.8 | -23.5% |
| Total | 1,231 | 1,399 | 1,776 | 2,428 | 25.4% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Costa Rica in 2022:
- Colombia (440.4 tons)
- Peru (211.9 tons)
- Ecuador (60.0 tons)
Exports of Cocoa; Paste; Whether or Not Defatted in Costa Rica
Exports of cocoa; paste; whether or not defatteds from Costa Rica skyrocketed to 23 tons in 2022, with an increase of 53% against 2021 figures. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 962%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of cocoa; paste; whether or not defatteds skyrocketed to $143K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,436% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Cocoa; Paste; Whether or Not Defatted in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.6 | 2.3 | 36.9 | 126 | 70.1% |
| Japan | N/A | N/A | N/A | 17.3 | 0% |
| Nicaragua | 2.5 | 0.1 | 1.5 | N/A | -22.5% |
| Belgium | 13.5 | 1.1 | 14.4 | N/A | 3.3% |
| Israel | 6.0 | 0.6 | 12.0 | N/A | 41.4% |
| Others | 5.3 | 0.6 | 9.3 | N/A | 32.5% |
| Total | 52.8 | 4.8 | 74.2 | 143 | 39.4% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Costa Rica in 2022:
- United States (20.4 tons)
- Japan (2.4 tons)
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This report provides an in-depth analysis of the cocoa paste market in Costa Rica.
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This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in Costa Rica.
765
This report provides an in-depth analysis of the global cocoa paste market.
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In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
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