Price for Cocoa; Paste, Not Defatted in Bolivia - 2023

Contents:

1. Price for Cocoa; Paste, Not Defatted in Bolivia (CIF) - 2022
2. Price for Cocoa; Paste, Not Defatted in Bolivia (FOB) - 2022
3. Imports of Cocoa; Paste, Not Defatted in Bolivia
4. Exports of Cocoa; Paste, Not Defatted in Bolivia

Price for Cocoa; Paste, Not Defatted in Bolivia (CIF) - 2022

In 2022, the average cocoa; paste, not defatted import price amounted to $3,706 per ton, which is down by -8.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $4,891 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($3,707 per ton), while the price for Peru amounted to $3,706 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-0.3%).

Price for Cocoa; Paste, Not Defatted in Bolivia (FOB) - 2022

The average cocoa; paste, not defatted export price stood at $15,081 per ton in 2022, flattening at the previous year. Over the period under review, the export price, however, posted a prominent increase. The growth pace was the most rapid in 2015 when the average export price increased by 178% against the previous year. The export price peaked at $15,534 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +11.1% per year.

Imports of Cocoa; Paste, Not Defatted in Bolivia

In 2022, cocoa; paste, not defatted imports into Bolivia soared to 118 tons, growing by 71% against 2021 figures. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cocoa; paste, not defatted imports skyrocketed to $439K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 57%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Cocoa; Paste, Not Defatted to Bolivia in 2022:

1. Peru (80.6 tons)
2. Ecuador (37.2 tons)

Exports of Cocoa; Paste, Not Defatted in Bolivia

In 2022, approx. 3.9 tons of cocoa; paste, not defatteds were exported from Bolivia; with an increase of 27% on 2021. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 335%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, cocoa; paste, not defatted exports surged to $59K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,052%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Cocoa; Paste, Not Defatted from Bolivia in 2022:

1. Germany (3.9 tons)

Source: IndexBox Market Intelligence Platform