Price for Cocoa; Paste; Whether or Not Defatted in Italy - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Italy (CIF) - 2023
- Price for Cocoa; Paste; Whether or Not Defatted in Italy (FOB) - 2023
- Imports of Cocoa; Paste; Whether or Not Defatted in Italy
- Exports of Cocoa; Paste; Whether or Not Defatted in Italy
Price for Cocoa; Paste; Whether or Not Defatted in Italy (CIF) - 2023
In October 2023, the average import price for cocoa; paste; whether or not defatteds amounted to $5,320 per ton, increasing by 4.8% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.4%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 10% against the previous month. The import price peaked in October 2023.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($5,653 per ton), while the price for Cote d'Ivoire totaled $4,448 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in Italy (FOB) - 2023
In October 2023, the average export price for cocoa; paste; whether or not defatteds amounted to $37,012 per ton, jumping by 177% against the previous month. In general, the export price saw strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($38,415 per ton), while the average price for exports to the United States totaled $11,783 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste; Whether or Not Defatted in Italy
In 2022, imports of cocoa; paste; whether or not defatteds into Italy expanded markedly to 40K tons, growing by 12% against 2021. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of cocoa; paste; whether or not defatteds reached $153M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cocoa; Paste; Whether or Not Defatted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 50.4 | 46.9 | 52.2 | 53.7 | 2.1% |
| Switzerland | 29.9 | 33.0 | 44.2 | 46.6 | 15.9% |
| Netherlands | 16.8 | 13.7 | 20.2 | 18.9 | 4.0% |
| France | 14.2 | 9.6 | 17.7 | 14.6 | 0.9% |
| Poland | 0.5 | 0.1 | 1.7 | 8.1 | 153.0% |
| Spain | 1.4 | 2.3 | 3.7 | 5.6 | 58.7% |
| Cameroon | 2.9 | 3.9 | 4.4 | 3.7 | 8.5% |
| Others | 1.9 | 2.0 | 2.4 | 2.0 | 1.7% |
| Total | 118 | 112 | 147 | 153 | 9.0% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Italy in 2022:
- Germany (15.5K tons)
- Switzerland (9.7K tons)
- Netherlands (5.4K tons)
- France (3.8K tons)
- Poland (2.6K tons)
- Spain (1.6K tons)
- Cameroon (0.6K tons)
Exports of Cocoa; Paste; Whether or Not Defatted in Italy
In 2022, the amount of cocoa; paste; whether or not defatteds exported from Italy surged to 1.7K tons, jumping by 62% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a mild descent.
In value terms, exports of cocoa; paste; whether or not defatteds soared to $12M in 2022. In general, exports posted prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Cocoa; Paste; Whether or Not Defatted in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1,808 | 1,666 | 4,751 | 5,423 | 44.2% |
| Belgium | 796 | 311 | 368 | 3,185 | 58.8% |
| India | 890 | 1,334 | 1,530 | 1,462 | 18.0% |
| Austria | 532 | 562 | 644 | 521 | -0.7% |
| France | 327 | 262 | 350 | 366 | 3.8% |
| Poland | 1,033 | 102 | 512 | 207 | -41.5% |
| Morocco | 379 | 327 | 253 | 163 | -24.5% |
| United States | 434 | 346 | 179 | 156 | -28.9% |
| United Kingdom | 1,310 | 406 | 25.9 | 60.9 | -64.0% |
| Brazil | 308 | 12.8 | 13.6 | 19.9 | -59.9% |
| Netherlands | 517 | N/A | 1.8 | 4.2 | -79.9% |
| Others | 420 | 211 | 372 | 281 | -12.5% |
| Total | 8,754 | 5,540 | 9,001 | 11,849 | 10.6% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Italy in 2022:
- Belgium (862.6 tons)
- Argentina (380.0 tons)
- India (153.5 tons)
- Austria (68.5 tons)
- France (59.0 tons)
- Morocco (53.6 tons)
- Poland (39.4 tons)
- United States (23.5 tons)
- United Kingdom (9.6 tons)
- Brazil (4.3 tons)
- Netherlands (0.6 tons)
514
This report provides an in-depth analysis of the cocoa paste market in Italy.
772
This report provides an in-depth analysis of the global cocoa paste market.
514
This report provides an in-depth analysis of the cocoa paste market in Italy.
772
This report provides an in-depth analysis of the global cocoa paste market.
116
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
1165
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
779
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...
1927
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1058
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
116
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
1165
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
779
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...
1927
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1058
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
