Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $4,931 per ton in 2022, shrinking by -41.8% against the previous year. In general, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39% against the previous year. The import price peaked at $10,872 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,845 per ton), while the price for Peru ($3,676 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-6.3%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $17,066 per ton in 2022, flattening at the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 decreased by -6.2% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 90%. As a result, the export price reached the peak level of $27,117 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($149,933 per ton), while the average price for exports to Denmark ($4,965 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 Denmark (+25.5%), 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 the Czech Republic
Imports of cocoa beans; whole or broken, raw or roasteds into the Czech Republic surged to 163 tons in 2022, with an increase of 93% compared with 2021. Overall, imports enjoyed a remarkable increase. 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 stood at $805K in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 162 | 267 | 419 | 320 | 25.5% |
| Peru | 142 | 16.9 | 33.4 | 257 | 21.9% |
| Netherlands | 46.1 | 74.9 | 146 | 143 | 45.8% |
| Sierra Leone | N/A | 154 | N/A | N/A | 0% |
| Dominican Republic | 77.1 | 1.1 | N/A | N/A | -98.6% |
| Others | 165 | 127 | 119 | 84.8 | -19.9% |
| Total | 592 | 640 | 718 | 805 | 10.8% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to the Czech Republic in 2022:
- Peru (70.0 tons)
- Germany (54.8 tons)
- Netherlands (27.7 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic
Exports of cocoa beans; whole or broken, raw or roasteds from the Czech Republic contracted to 14 tons in 2022, with a decrease of -11.1% against the previous year's figure. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 216%. As a result, the exports reached the peak of 15 tons, and then dropped in the following year.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds dropped to $233K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 195%. As a result, the exports reached the peak of $262K, and then dropped in the following year.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.7 | 6.1 | 36.6 | 70.7 | 101.0% |
| Slovakia | 28.1 | 38.6 | 83.8 | 70.6 | 35.9% |
| United States | N/A | N/A | N/A | 69.9 | 0% |
| Lithuania | 5.2 | 5.3 | 8.0 | 5.8 | 3.7% |
| France | N/A | 0.1 | 11.0 | 5.3 | 628.0% |
| Denmark | N/A | N/A | 0.1 | 1.8 | 1700.0% |
| Italy | 17.2 | 23.2 | 32.9 | 1.7 | -53.8% |
| Poland | 11.7 | 6.0 | 73.4 | 1.3 | -51.9% |
| Hungary | 13.3 | 3.8 | 2.0 | 0.3 | -71.7% |
| Others | 7.0 | 5.4 | 13.8 | 6.1 | -4.5% |
| Total | 91.3 | 88.5 | 262 | 233 | 36.7% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from the Czech Republic in 2022:
- Slovakia (7.9 tons)
- Germany (3.5 tons)
- Lithuania (0.5 tons)
- United States (0.5 tons)
- Denmark (0.4 tons)
- France (0.3 tons)
- Poland (0.2 tons)
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