Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Israel - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Israel (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Israel (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Israel
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Israel
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Israel (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $2,588 per ton in 2022, declining by -10% against the previous year. In general, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 92% against the previous year. The import price peaked at $6,520 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ghana ($2,591 per ton) and the Netherlands ($2,591 per ton), while the price for Peru ($2,588 per ton) and Ecuador ($2,588 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.1%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Israel (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $4,345 per ton in 2022, increasing by 43% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cocoa beans; whole or broken, raw or roasteds increased by +77.4% against 2019 indices. As a result, the export price reached 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 Belgium ($19,840 per ton), while the average price for exports to the United States ($2,931 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 (+38.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Israel
In 2022, imports of cocoa beans; whole or broken, raw or roasteds into Israel soared to 233 tons, jumping by 136% compared with 2021 figures. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds skyrocketed to $602K in 2022. Over the period under review, imports posted a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 88.1 | 68.0 | 49.9 | 271 | 45.4% |
| Ecuador | 2.1 | 3.0 | 3.9 | 127 | 292.5% |
| Portugal | N/A | N/A | N/A | 74.0 | 0% |
| Mauritius | N/A | N/A | N/A | 55.0 | 0% |
| Belgium | 36.3 | 26.4 | 31.2 | 55.0 | 14.9% |
| United States | 3.5 | 3.0 | 16.8 | 12.0 | 50.8% |
| Ghana | 158 | 40.1 | 11.5 | 1.0 | -81.5% |
| Switzerland | 57.7 | 75.4 | 111 | N/A | 38.7% |
| Madagascar | 20.1 | 26.9 | 26.3 | N/A | 14.4% |
| Others | 11.4 | 14.1 | 32.2 | 7.0 | -15.0% |
| Total | 377 | 257 | 283 | 602 | 16.9% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Israel in 2022:
- Peru (104.7 tons)
- Ecuador (49.1 tons)
- Portugal (28.6 tons)
- Mauritius (21.3 tons)
- Belgium (21.3 tons)
- United States (4.6 tons)
- Ghana (0.4 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Israel
In 2022, shipments abroad of cocoa beans; whole or broken, raw or roasteds decreased by -50% to 1.2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a slight contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 193% against the previous year. As a result, the exports reached the peak of 3.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds declined significantly to $5K in 2022. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 233% against the previous year. As a result, the exports reached the peak of $10K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 6.8 | 2.9 | 2.4 | 58.7% |
| United States | 0.2 | 0.8 | 3.8 | 2.0 | 115.4% |
| Belgium | N/A | N/A | N/A | 0.5 | 0% |
| Switzerland | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| China | N/A | 0.8 | N/A | N/A | 0% |
| Palestine | 1.9 | N/A | N/A | N/A | 0% |
| Canada | N/A | 0.9 | N/A | N/A | 0% |
| Others | 0.2 | 0.4 | 0.1 | N/A | -29.3% |
| Total | 3.0 | 10.0 | 7.0 | 5.0 | 18.6% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Israel in 2022:
- United States (694.0 kg)
- Germany (409.0 kg)
- Belgium (25.0 kg)
- Switzerland (23.0 kg)
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