Price for Cocoa; Paste, Not Defatted in Libya - 2022

Contents:

  1. Price for Cocoa; Paste, Not Defatted in Libya (CIF) - 2022
  2. Imports of Cocoa; Paste, Not Defatted in Libya

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

In 2022, the average cocoa; paste, not defatted import price amounted to $3,943 per ton, standing approx. at the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 28%. As a result, import price reached the peak level of $4,664 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 the Netherlands ($3,943 per ton), while the price for Turkey stood at $3,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.1%), while the prices for the other major suppliers experienced a decline.

Imports of Cocoa; Paste, Not Defatted in Libya

For the third year in a row, Libya recorded decline in overseas purchases of cocoa; paste, not defatteds, which decreased by -17.4% to 388 kg in 2022. Overall, imports showed a abrupt descent. The smallest decline of -17.4% was in 2021.

In value terms, cocoa; paste, not defatted imports dropped significantly to $1.5K in 2022. In general, imports saw a abrupt curtailment. The smallest decline of -17.5% was in 2021.

Import of Cocoa; Paste, Not Defatted in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.72.21.81.5-17.8%
OthersN/AN/AN/AN/A0%
Total2.72.31.91.5-17.8%

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

  1. Netherlands (383.0 kg)

Source: IndexBox Market Intelligence Platform

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