Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan - 2022

Contents:

  1. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan (CIF) - 2022
  2. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan (FOB) - 2022
  3. Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan
  4. Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan (CIF) - 2022

In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $2,588 per ton, waning by -8.7% against the previous year. Overall, the import price saw a deep slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 24%. The import price peaked at $7,611 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to -13.1% per year.

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan (FOB) - 2022

In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $3,676 per ton, standing approx. at the previous year. Overall, the export price showed a mild decrease. The growth pace was the most rapid in 2015 a decrease of -0.5% against the previous year. The export price peaked at $4,213 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($40,267 per ton), while the average price for exports to the United Arab Emirates amounted to $135 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+32.6%).

Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan

In 2022, overseas purchases of cocoa beans; whole or broken, raw or roasteds decreased by -27.8% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 165%. As a result, imports reached the peak of 2.8 tons, and then fell markedly in the following year.

In value terms, imports of cocoa beans; whole or broken, raw or roasteds contracted dramatically to $5.2K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 191%.

Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EcuadorN/AN/AN/A5.20%
TanzaniaN/AN/A0.4N/A0%
Saudi ArabiaN/AN/A3.2N/A0%
Ghana1.02.53.4N/A84.4%
OthersN/A0.40.9N/A125.0%
Total1.02.98.05.273.2%

Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Jordan in 2022:

  1. Ecuador (2.0 tons)

Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan

In 2022, the amount of cocoa beans; whole or broken, raw or roasteds exported from Jordan stood at 340 kg, stabilizing at the previous year. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of cocoa beans; whole or broken, raw or roasteds amounted to $1.2K in 2022. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Jordan (USD)
COUNTRY202020212022CAGR,
2020-2022
FranceN/AN/A6040%
United Arab EmiratesN/AN/A42.00%
Kuwait42.0N/AN/A0%
Others635N/A604-2.5%
Total677N/A1,25035.9%

Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Jordan in 2022:

  1. United Arab Emirates (310.0 kg)
  2. France (15.0 kg)

Source: IndexBox Market Intelligence Platform

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