Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Poland - 2023

Contents:

  1. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Poland (CIF) - 2023
  2. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Poland (FOB) - 2022
  3. Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Poland
  4. Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Poland

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Poland (CIF) - 2023

The average import price for cocoa beans; whole or broken, raw or roasteds stood at $3,229 per ton in October 2023, reducing by -7.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in June 2023 when the average import price increased by 30% month-to-month. As a result, import price attained the peak level of $4,013 per ton. From July 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Cote d'Ivoire ($21,565 per ton), while the price for Togo ($2,888 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cocoa beans; whole or broken, raw or roasteds stood at $5,664 per ton in 2022, rising by 35% against the previous year. Overall, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 130% against the previous year. As a result, the export price attained the peak level of $6,831 per ton. From 2017 to 2022, the average export prices remained at a 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 Russia ($14,891 per ton), while the average price for exports to France ($2,968 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 the Netherlands (+23.6%), 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 Poland

In 2022, purchases abroad of cocoa beans; whole or broken, raw or roasteds decreased by -19.6% to 12K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. As a result, imports attained the peak of 15K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cocoa beans; whole or broken, raw or roasteds fell significantly to $32M in 2022. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year.

Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire22.017.917.914.3-13.4%
NetherlandsN/A19.918.412.8-19.8%
Ecuador8.91.32.02.5-34.5%
Belgium0.24.36.52.3125.7%
Others6.60.50.70.6-55.0%
Total37.743.945.532.4-4.9%

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

  1. Cote d'Ivoire (5.9K tons)
  2. Netherlands (3.9K tons)
  3. Belgium (0.9K tons)
  4. Ecuador (0.9K tons)

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

In 2022, the amount of cocoa beans; whole or broken, raw or roasteds exported from Poland fell significantly to 83 tons, which is down by -40.9% compared with 2021. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports reached the peak of 141 tons, and then dropped sharply in the following year.

In value terms, exports of cocoa beans; whole or broken, raw or roasteds dropped dramatically to $471K in 2022. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 75%.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.234.1163344176.9%
RussiaN/AN/A0.163.463300.0%
Estonia19.119.220.415.4-6.9%
Lithuania17.812.68.18.5-21.8%
Italy34330.712.86.4-73.5%
France95.810975.43.6-66.5%
Czech Republic11.60.155.32.1-43.4%
Ukraine4.947.552.22.0-25.8%
Romania99.0N/A2.80.6-81.8%
Others44.985.020024.7-18.1%
Total652338590471-10.3%

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

  1. Germany (71.3 tons)
  2. Russia (4.3 tons)
  3. Estonia (1.9 tons)
  4. France (1.2 tons)
  5. Lithuania (1.0 tons)
  6. Italy (0.6 tons)
  7. Ukraine (0.4 tons)
  8. Czech Republic (0.3 tons)
  9. Romania (0.1 tons)

Source: IndexBox Market Intelligence Platform

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