Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Australia - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Australia (CIF) - 2023
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Australia (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Australia
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Australia
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Australia (CIF) - 2023
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $4,307 per ton in December 2023, falling by -19.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 83% m-o-m. As a result, import price reached the peak level of $7,025 per ton. From November 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Peru ($5,763 per ton), while the price for Ghana ($3,835 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Australia (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $15,680 per ton in 2022, increasing by 26% against the previous year. In general, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 97%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($15,812 per ton), while the average price for exports to China amounted to $11,805 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+152.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Australia
In 2022, the amount of cocoa beans; whole or broken, raw or roasteds imported into Australia expanded notably to 514 tons, surging by 5.8% on 2021 figures. Over the period under review, imports, however, recorded a noticeable contraction.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds expanded remarkably to $2.5M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1,018 | 1,363 | 877 | 876 | -4.9% |
| Ghana | 368 | 147 | 276 | 437 | 5.9% |
| Papua New Guinea | 318 | 222 | 254 | 237 | -9.3% |
| Ecuador | 125 | 94.8 | 229 | 201 | 17.2% |
| Dominican Republic | 30.4 | 7.0 | 3.0 | 135 | 64.4% |
| Singapore | 150 | 125 | 214 | 132 | -4.2% |
| Indonesia | N/A | 7.3 | 3.3 | 109 | 286.4% |
| Netherlands | N/A | 36.6 | 64.4 | 77.3 | 45.3% |
| Nicaragua | N/A | 2.3 | N/A | 52.5 | 377.8% |
| Guatemala | N/A | 4.7 | 18.8 | 39.3 | 189.2% |
| Solomon Islands | 29.4 | 99.1 | 98.4 | 28.9 | -0.6% |
| Others | 321 | 266 | 311 | 199 | -14.7% |
| Total | 2,359 | 2,375 | 2,350 | 2,525 | 2.3% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Australia in 2022:
- Peru (160.3 tons)
- Ghana (111.9 tons)
- Papua New Guinea (62.1 tons)
- Ecuador (44.7 tons)
- Dominican Republic (30.7 tons)
- Singapore (21.6 tons)
- Indonesia (14.8 tons)
- Netherlands (13.5 tons)
- Nicaragua (9.0 tons)
- Solomon Islands (8.0 tons)
- Guatemala (8.0 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Australia
In 2022, approx. 82 tons of cocoa beans; whole or broken, raw or roasteds were exported from Australia; jumping by 1,828% compared with the year before. In general, exports showed a significant increase. 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 skyrocketed to $1.3M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | N/A | 55.1 | 20.4 | 1,254 | 377.1% |
| China | N/A | N/A | 25.0 | 34.4 | 37.6% |
| Others | 15.1 | 4.9 | 7.6 | 0.8 | -62.4% |
| Total | 15.1 | 60.0 | 52.9 | 1,290 | 340.4% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Australia in 2022:
- New Zealand (79.3 tons)
- China (2.9 tons)
1191
This report provides an in-depth analysis of the cocoa bean market in Australia.
11415
This report provides an in-depth analysis of the global cocoa bean market.
1191
This report provides an in-depth analysis of the cocoa bean market in Australia.
11415
This report provides an in-depth analysis of the global cocoa bean market.
218
Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
1743
The closure of the HoReCa segment caused the demand for cocoa beans to collapse in 2020, while the production remained stable. This led to a surge in unsold cocoa bean stocks in exporter-countries. EU chocolate producers are now trying to enlist a range of measures to ensure stable demand and secure supply chains on the cocoa bean market.
639
In 2016, the amount of cocoa bean imported worldwide stood at X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
3333
In 2016, the global cocoa bean exports totaled X tons, falling by -X% against the previous year level. The total export volume increased at an average annual rate of +X% over the period from ...
6542
Global cocoa consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1580
In value terms, cocoa beans exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
10556
In value terms, cocoa beans imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some notic...
1689
In 2015, the countries with the highest levels of cocao production were Côte D'Ivoire (X thousand tons), Ghana (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1431
Côte d'Ivoire dominates in the global сocoa bean trade. In 2014, Côte d'Ivoire exported X thousand tons of сocoa beans totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
218
Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
