Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $8,942 per ton, growing by 3.3% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa beans; whole or broken, raw or roasteds increased by +29.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 26% against the previous year. The import price peaked at $9,730 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Brazil amounted to +11.4% per year.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $3,713 per ton in 2022, which is down by -2.4% against the previous year. Over the period under review, the export price, however, saw a moderate increase. The growth pace was the most rapid in 2017 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $7,339 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +3.8% per year.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay
In 2022, purchases abroad of cocoa beans; whole or broken, raw or roasteds decreased by -29.4% to 240 kg, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 391% against the previous year. As a result, imports reached the peak of 1.5 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds declined dramatically to $2.1K in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 260%. As a result, imports reached the peak of $10K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 0.9 | 5.4 | 1.0 | 2.1 | 32.6% |
| Panama | 0.1 | 1.6 | N/A | N/A | 1500.0% |
| Brazil | 1.8 | 3.1 | 2.0 | N/A | 5.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 10.1 | 2.9 | 2.1 | -9.1% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Uruguay in 2022:
- Ecuador (240.0 kg)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay
Exports of cocoa beans; whole or broken, raw or roasteds from Uruguay soared to 11 tons in 2022, jumping by 33% against the previous year. In general, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 705%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds surged to $42K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 722%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 0.2 | 3.9 | 32.2 | 41.7 | 493.0% |
| Switzerland | 3.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.8 | 3.9 | 32.2 | 41.7 | 122.2% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Uruguay in 2022:
- Paraguay (11.2 tons)
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