Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $2,686 per ton, reducing by -6.5% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa beans; whole or broken, raw or roasteds increased by +17.6% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 60% against the previous year. The import price peaked at $3,679 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +9.4% per year.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $7,028 per ton, growing by 312% against the previous year. Overall, the export price continues to indicate 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 Switzerland ($8,934 per ton), while the average price for exports to Libya ($415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2,992.7%).
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt
In 2022, the amount of cocoa beans; whole or broken, raw or roasteds imported into Egypt reduced sharply to 831 kg, which is down by -65.5% against the previous year. Overall, imports saw a dramatic curtailment. The smallest decline of -58.1% was in 2020.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds reduced dramatically to $2.2K in 2022. Over the period under review, imports saw a sharp contraction. The smallest decline of -56.1% was in 2020.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 0.1 | N/A | N/A | 2.2 | 180.2% |
| Ghana | 81.6 | 35.9 | 6.9 | N/A | -70.9% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 81.8 | 35.9 | 6.9 | 2.2 | -70.0% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Egypt in 2022:
- Peru (831.0 kg)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt
In 2022, shipments abroad of cocoa beans; whole or broken, raw or roasteds decreased by -80.3% to 611 kg, falling for the second year in a row after two years of growth. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 938% against the previous year. As a result, the exports attained the peak of 9 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds contracted rapidly to $4.3K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 922%. As a result, the exports attained the peak of $18K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 3.3 | 0% |
| Switzerland | N/A | N/A | N/A | 0.9 | 0% |
| Libya | 0.7 | 1.6 | 1.4 | N/A | 41.4% |
| Saudi Arabia | N/A | 16.7 | 3.3 | N/A | -80.2% |
| Others | 1.1 | 0.1 | 0.6 | N/A | -26.1% |
| Total | 1.8 | 18.4 | 5.3 | 4.3 | 33.7% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Egypt in 2022:
- Malaysia (450.0 kg)
- Switzerland (106.0 kg)
- Libya (53.0 kg)
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This report provides an in-depth analysis of the cocoa bean market in Egypt.
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This report provides an in-depth analysis of the cocoa bean market in Egypt.
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This report provides an in-depth analysis of the global cocoa bean market.
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