Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Spain - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Spain (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Spain (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Spain
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Spain
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Spain (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $2,448 per ton, falling by -10.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 23% against the previous year. The import price peaked at $3,199 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ecuador ($2,879 per ton) and France ($2,721 per ton), while the price for Nigeria ($2,132 per ton) and Cameroon ($2,225 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.2%), 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 Spain (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $2,133 per ton, increasing by 6.8% against the previous year. Overall, the export price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 125%. The export price peaked at $6,860 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,888 per ton), while the average price for exports to the Netherlands ($1,203 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 Belgium (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Spain
In 2022, approx. 93K tons of cocoa beans; whole or broken, raw or roasteds were imported into Spain; which is down by -7% on the previous year. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2.3% against the previous year.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds contracted markedly to $227M in 2022. Over the period under review, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 9.2% against the previous year.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 95.2 | 105 | 134 | 117 | 7.1% |
| Ghana | 55.7 | 45.9 | 38.7 | 29.3 | -19.3% |
| Cameroon | 14.6 | 17.0 | 14.5 | 23.2 | 16.7% |
| Ecuador | 7.0 | 10.5 | 9.9 | 10.1 | 13.0% |
| Belgium | 0.3 | 4.9 | 14.0 | 9.9 | 220.8% |
| Netherlands | 2.7 | 7.1 | 9.3 | 8.9 | 48.8% |
| Nigeria | 20.2 | 12.6 | 15.2 | 7.1 | -29.4% |
| Peru | 7.2 | 7.0 | 4.3 | 6.9 | -1.4% |
| Uganda | 0.4 | 6.4 | 7.3 | 3.8 | 111.8% |
| Dominican Republic | 9.6 | 15.7 | 6.0 | 2.5 | -36.1% |
| Togo | 4.8 | 5.2 | 4.7 | 1.2 | -37.0% |
| France | 7.7 | 13.7 | 3.2 | 0.2 | -70.4% |
| Others | 13.7 | 10.1 | 12.5 | 6.6 | -21.6% |
| Total | 239 | 261 | 274 | 227 | -1.7% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Spain in 2022:
- Cote d'Ivoire (48.7K tons)
- Ghana (10.8K tons)
- Cameroon (10.4K tons)
- Belgium (3.9K tons)
- Netherlands (3.5K tons)
- Ecuador (3.5K tons)
- Nigeria (3.3K tons)
- Peru (2.7K tons)
- Uganda (1.6K tons)
- Dominican Republic (0.9K tons)
- Togo (0.5K tons)
- France (0.1K tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Spain
Exports of cocoa beans; whole or broken, raw or roasteds from Spain skyrocketed to 547 tons in 2022, jumping by 41% on 2021. In general, exports, however, continue to indicate a precipitous decrease.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds surged to $1.2M in 2022. Over the period under review, exports, however, saw a significant decrease.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,307 | 85.1 | 15.7 | 374 | -45.5% |
| Austria | N/A | 220 | 720 | 357 | 27.4% |
| Indonesia | N/A | 114 | N/A | 176 | 24.3% |
| Netherlands | 167 | 123 | 0.3 | 122 | -9.9% |
| Belgium | 11,175 | 2.7 | 0.3 | N/A | -99.5% |
| Malaysia | 263 | 151 | N/A | N/A | -42.6% |
| Others | 145 | 51.9 | 40.2 | 135 | -2.4% |
| Total | 14,057 | 748 | 776 | 1,166 | -56.4% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Spain in 2022:
- Austria (211.3 tons)
- Indonesia (127.6 tons)
- Netherlands (101.8 tons)
- France (76.6 tons)
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