Price for Cocoa; Paste, Not Defatted in Germany - 2023
Contents:
- Price for Cocoa; Paste, Not Defatted in Germany (FOB) - 2023
- Price for Cocoa; Paste, Not Defatted in Germany (CIF) - 2023
- Exports of Cocoa; Paste, Not Defatted in Germany
- Imports of Cocoa; Paste, Not Defatted in Germany
Price for Cocoa; Paste, Not Defatted in Germany (FOB) - 2023
In June 2023, the average cocoa; paste, not defatted export price amounted to $4,561 per ton, increasing by 4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 18% m-o-m. Over the period under review, the average export prices hit record highs in June 2023.
Average prices varied noticeably for the major external markets. In June 2023, the highest price was recorded for prices to the Netherlands ($5,010 per ton) and France ($4,960 per ton), while the average price for exports to Italy ($4,080 per ton) and Switzerland ($4,206 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa; Paste, Not Defatted in Germany (CIF) - 2023
In June 2023, the average cocoa; paste, not defatted import price amounted to $4,351 per ton, remaining stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 7.8% month-to-month. The import price peaked at $4,357 per ton in May 2023, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($5,436 per ton), while the price for Cote d'Ivoire ($1,911 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ghana (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cocoa; Paste, Not Defatted in Germany
In 2022, approx. 85K tons of cocoa; paste, not defatteds were exported from Germany; almost unchanged from the year before. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cocoa; paste, not defatted exports reduced modestly to $321M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 19%. As a result, the exports reached the peak of $323M, leveling off in the following year.
| Export of Cocoa; Paste, Not Defatted in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 73.0 | 71.6 | 86.1 | 71.3 | -0.8% |
| Poland | 39.8 | 34.3 | 49.9 | 62.0 | 15.9% |
| Italy | 47.1 | 48.2 | 51.2 | 59.7 | 8.2% |
| France | 28.0 | 28.9 | 32.7 | 31.8 | 4.3% |
| Netherlands | 27.1 | 27.5 | 31.2 | 25.3 | -2.3% |
| Czech Republic | 13.7 | 17.1 | 14.5 | 17.9 | 9.3% |
| Switzerland | 12.0 | 8.7 | 12.2 | 16.6 | 11.4% |
| Others | 36.5 | 35.2 | 44.8 | 36.7 | 0.2% |
| Total | 277 | 271 | 323 | 321 | 5.0% |
Top Export Markets for Cocoa; Paste, Not Defatted from Germany in 2022:
- Belgium (18.9K tons)
- Poland (16.6K tons)
- Italy (15.9K tons)
- France (8.4K tons)
- Netherlands (6.8K tons)
- Czech Republic (4.7K tons)
- Switzerland (4.6K tons)
Imports of Cocoa; Paste, Not Defatted in Germany
In 2022, the amount of cocoa; paste, not defatteds imported into Germany reached 73K tons, stabilizing at the year before. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 76K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cocoa; paste, not defatted imports expanded modestly to $288M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 30%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Cocoa; Paste, Not Defatted in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 92.8 | 156 | 152 | 145 | 16.0% |
| France | 49.6 | 52.9 | 56.5 | 63.2 | 8.4% |
| Switzerland | 38.1 | 46.5 | 49.8 | 51.8 | 10.8% |
| Ghana | 26.5 | 12.2 | 8.6 | 7.7 | -33.8% |
| Nigeria | N/A | 1.0 | N/A | 6.2 | 149.0% |
| Poland | 4.6 | 5.7 | 4.2 | 5.1 | 3.5% |
| Cote d'Ivoire | 4.6 | 4.9 | 2.0 | 0.9 | -41.9% |
| Others | 3.9 | 6.6 | 8.3 | 8.1 | 27.6% |
| Total | 220 | 286 | 282 | 288 | 9.4% |
Top Suppliers of Cocoa; Paste, Not Defatted to Germany in 2022:
- Netherlands (37.6K tons)
- France (17.3K tons)
- Switzerland (10.1K tons)
- Ghana (2.2K tons)
- Nigeria (1.8K tons)
- Poland (1.3K tons)
- Cote d'Ivoire (0.5K tons)
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This report provides an in-depth analysis of the cocoa paste market in Germany.
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This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in Germany.
779
This report provides an in-depth analysis of the global cocoa paste market.
279
In December of 2022, the cocoa paste price was recorded at $3,517 per ton (FOB, Germany). This figure was 6.9% lower than the previous month.
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Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
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In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
279
In December of 2022, the cocoa paste price was recorded at $3,517 per ton (FOB, Germany). This figure was 6.9% lower than the previous month.
118
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
1177
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
782
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
