Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Greece - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Greece (CIF) - 2023
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Greece (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Greece
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Greece
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Greece (CIF) - 2023
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $4,076 per ton in October 2023, increasing by 14% against the previous month. Over the period under review, import price indicated a moderate expansion from October 2022 to October 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for cocoa beans; whole or broken, raw or roasteds increased by +71.3% against October 2022 indices. The most prominent rate of growth was recorded in June 2023 an increase of 17% m-o-m. Over the period under review, average import prices hit record highs in October 2023.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +4.2% per month.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Greece (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $3,691 per ton, falling by -55.6% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 55%. The export price peaked at $8,317 per ton in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($7,300 per ton), while the average price for exports to Romania ($2,186 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 Germany (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Greece
After three years of growth, supplies from abroad of cocoa beans; whole or broken, raw or roasteds decreased by -23.3% to 3K tons in 2022. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 8.5% against the previous year.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds dropped dramatically to $7.5M in 2022. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.9 | 8.6 | 10.1 | 6.5 | -6.3% |
| Germany | 0.2 | 1.2 | 0.7 | 0.8 | 58.7% |
| Others | 0.2 | 0.1 | N/A | 0.2 | 0.0% |
| Total | 8.3 | 9.9 | 10.7 | 7.5 | -3.3% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Greece in 2022:
- Netherlands (2569.0 tons)
- Germany (320.6 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Greece
Exports of cocoa beans; whole or broken, raw or roasteds from Greece skyrocketed to 1.3 tons in 2022, increasing by 328% compared with the previous year's figure. Overall, exports enjoyed 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 $4.9K in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 382%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Greece (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 140 | 1,661 | 1086.4% |
| Cyprus | 578 | 85.0 | 674 | 1,458 | 36.1% |
| Malta | N/A | N/A | 230 | 926 | 302.6% |
| Bulgaria | N/A | 3,228 | 1,513 | 781 | -50.8% |
| Germany | 120 | 17.0 | N/A | 73.0 | -15.3% |
| Others | N/A | 36.0 | 38.0 | 32.0 | -5.7% |
| Total | 698 | 3,366 | 2,595 | 4,931 | 91.9% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Greece in 2022:
- Romania (760.0 kg)
- Cyprus (269.0 kg)
- Malta (183.0 kg)
- Bulgaria (108.0 kg)
- Germany (10.0 kg)
886
This report provides an in-depth analysis of the cocoa bean market in Greece.
11264
This report provides an in-depth analysis of the global cocoa bean market.
886
This report provides an in-depth analysis of the cocoa bean market in Greece.
11264
This report provides an in-depth analysis of the global cocoa bean market.
207
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.
1722
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.
635
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>
3318
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 ...
6531
Global cocoa consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1579
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...
10537
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...
1687
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.
1429
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
207
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.
