Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine (CIF) - 2023
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine (CIF) - 2023
In October 2023, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $3,628 per ton, with an increase of 4.3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.3%. The pace of growth appeared the most rapid in December 2022 an increase of 19% against the previous month. The import price peaked in October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from the Dominican Republic ($3,918 per ton) and Ecuador ($3,829 per ton), while the price for Cote d'Ivoire ($3,157 per ton) and Ghana ($3,727 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ecuador (+2.9%), 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 Ukraine (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $18,500 per ton in 2022, rising by 617% against the previous year. Overall, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to -15.0% per year.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine
For the third consecutive year, Ukraine recorded decline in purchases abroad of cocoa beans; whole or broken, raw or roasteds, which decreased by -85.1% to 2.2K tons in 2022. Overall, imports showed a precipitous decline. The smallest decline of -2% was in 2020.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds fell sharply to $7M in 2022. Over the period under review, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year.
Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 18.4 | 24.4 | 25.3 | 3.8 | -40.9% |
Ghana | 23.3 | 25.4 | 24.1 | 2.8 | -50.7% |
Nigeria | N/A | N/A | N/A | 0.3 | 0% |
Estonia | 1.3 | 0.2 | 1.1 | N/A | -8.0% |
Others | 0.5 | 0.2 | 0.2 | 0.1 | -41.5% |
Total | 43.5 | 50.3 | 50.7 | 7.0 | -45.6% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Ukraine in 2022:
- Cote d'Ivoire (1239.5 tons)
- Ghana (784.9 tons)
- Nigeria (162.5 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine
In 2022, after two years of decline, there was significant decline in shipments abroad of cocoa beans; whole or broken, raw or roasteds, when their volume decreased by -99.8% to 2 kg. In general, exports recorded a dramatic downturn.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds dropped sharply to $37 in 2022. Overall, exports recorded a sharp slump.
Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cyprus | N/A | N/A | 0.4 | N/A | 0% |
Singapore | N/A | N/A | N/A | N/A | 0% |
Estonia | 17.0 | N/A | N/A | N/A | 0% |
Saudi Arabia | N/A | N/A | 1.8 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 17.0 | N/A | 2.2 | N/A | -64.0% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Ukraine in 2022:
- Singapore (2.0 kg)
This report provides an in-depth analysis of the cocoa bean market in Ukraine.
This report provides an in-depth analysis of the global cocoa bean market.
This report provides an in-depth analysis of the cocoa bean market in Ukraine.
This report provides an in-depth analysis of the global cocoa bean market.
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