Price for Cocoa; Paste, Wholly or Partly Defatted in Denmark - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Denmark (CIF) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in Denmark (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Denmark
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Denmark
Price for Cocoa; Paste, Wholly or Partly Defatted in Denmark (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $8,242 per ton in 2022, with an increase of 90% against the previous year. In general, the import price saw prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($15,854 per ton), while the price for Germany ($4,721 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+71.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste, Wholly or Partly Defatted in Denmark (FOB) - 2022
The average export price for cocoa; paste, wholly or partly defatted stood at $11,489 per ton in 2022, jumping by 134% against the previous year. Over the period under review, the export price recorded buoyant 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 country of destination: amid the top suppliers, the country with the highest price was Iceland ($39,093 per ton), while the average price for exports to Germany amounted to $3,995 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.3%).
Imports of Cocoa; Paste, Wholly or Partly Defatted in Denmark
In 2022, purchases abroad of cocoa; paste, wholly or partly defatted decreased by -22.6% to 702 kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 11,268%. As a result, imports reached the peak of 2.2 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cocoa; paste, wholly or partly defatted skyrocketed to $5.8K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 14,272%. As a result, imports reached the peak of $8.3K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 2.5 | 0% |
| Germany | N/A | N/A | N/A | 1.8 | 0% |
| Netherlands | N/A | 2.6 | 0.9 | 1.4 | -26.6% |
| Peru | N/A | N/A | 2.9 | N/A | 0% |
| France | N/A | 5.7 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 0.1 | 8.3 | 3.9 | 5.8 | 287.1% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Denmark in 2022:
- Germany (390.0 kg)
- Belgium (157.0 kg)
- Netherlands (154.0 kg)
Exports of Cocoa; Paste, Wholly or Partly Defatted in Denmark
For the third year in a row, Denmark recorded decline in overseas shipments of cocoa; paste, wholly or partly defatted, which decreased by -59.5% to 452 kg in 2022. Over the period under review, exports faced a sharp setback. The smallest decline of -15.5% was in 2021.
In value terms, exports of cocoa; paste, wholly or partly defatted fell to $5.2K in 2022. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 5% against the previous year. As a result, the exports attained the peak of $9.2K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | N/A | N/A | N/A | 2.9 | 0% |
| Germany | 8.8 | 5.3 | 5.5 | 1.5 | -44.6% |
| Faroe Islands | N/A | 3.8 | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | 0.8 | 182.8% |
| Total | 8.8 | 9.2 | 5.5 | 5.2 | -16.1% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Denmark in 2022:
- Germany (377.0 kg)
- Iceland (75.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in Denmark.
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This report provides an in-depth analysis of the cocoa paste market in Denmark.
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