Price for Cocoa; Paste, Not Defatted in New Zealand - 2023
Contents:
- Price for Cocoa; Paste, Not Defatted in New Zealand (CIF) - 2022
- Price for Cocoa; Paste, Not Defatted in New Zealand (FOB) - 2022
- Imports of Cocoa; Paste, Not Defatted in New Zealand
- Exports of Cocoa; Paste, Not Defatted in New Zealand
Price for Cocoa; Paste, Not Defatted in New Zealand (CIF) - 2022
The average cocoa; paste, not defatted import price stood at $4,131 per ton in 2022, leveling off at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 15%. As a result, import price reached the peak level of $5,190 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($8,991 per ton), while the price for the Netherlands ($3,796 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste, Not Defatted in New Zealand (FOB) - 2022
In 2022, the average cocoa; paste, not defatted export price amounted to $5,181 per ton, jumping by 25% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44% against the previous year. The export price peaked at $6,148 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($6,049 per ton), while the average price for exports to Fiji stood at $1,511 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.6%).
Imports of Cocoa; Paste, Not Defatted in New Zealand
In 2022, the amount of cocoa; paste, not defatteds imported into New Zealand declined significantly to 916 tons, reducing by -52.8% against the previous year. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of 1.9K tons, and then fell rapidly in the following year.
In value terms, cocoa; paste, not defatted imports fell sharply to $3.8M in 2022. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports attained the peak of $7.9M, and then dropped dramatically in the following year.
| Import of Cocoa; Paste, Not Defatted in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 1,670 | 1,259 | 1,248 | 1,585 | -1.7% |
| Netherlands | 68.7 | 124 | 165 | 1,112 | 153.0% |
| Indonesia | 63.8 | 532 | 1,244 | 354 | 77.0% |
| Cote d'Ivoire | 137 | 180 | 168 | 257 | 23.3% |
| Malaysia | 170 | 192 | 202 | 191 | 4.0% |
| Peru | 3.5 | 7.2 | 43.7 | 168 | 263.4% |
| Singapore | 2,589 | 2,738 | 2,134 | N/A | -9.2% |
| Others | 266 | 143 | 2,741 | 119 | -23.5% |
| Total | 4,967 | 5,176 | 7,947 | 3,785 | -8.7% |
Top Suppliers of Cocoa; Paste, Not Defatted to New Zealand in 2022:
- Ghana (400.0 tons)
- Netherlands (292.9 tons)
- Indonesia (80.0 tons)
- Cote d'Ivoire (65.0 tons)
- Malaysia (46.0 tons)
- Peru (18.7 tons)
Exports of Cocoa; Paste, Not Defatted in New Zealand
In 2022, after two years of decline, there was significant growth in shipments abroad of cocoa; paste, not defatteds, when their volume increased by 28% to 38 tons. In general, exports, however, saw a sharp setback.
In value terms, cocoa; paste, not defatted exports skyrocketed to $195K in 2022. Overall, exports, however, saw a drastic downturn.
| Export of Cocoa; Paste, Not Defatted in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.9 | 253 | 23.0 | 184 | 198.8% |
| Fiji | 0.7 | 15.3 | 0.5 | 10.9 | 149.7% |
| Ecuador | N/A | N/A | 97.5 | N/A | 0% |
| Singapore | 353 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 360 | 268 | 121 | 195 | -18.5% |
Top Export Markets for Cocoa; Paste, Not Defatted from New Zealand in 2022:
- Australia (30.4 tons)
- Fiji (7.2 tons)
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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 ...
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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...
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In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
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