Price for Cocoa; Paste, Not Defatted in Oman - 2021
Contents:
- Price for Cocoa; Paste, Not Defatted in Oman (CIF) - 2022
- Imports of Cocoa; Paste, Not Defatted in Oman
Price for Cocoa; Paste, Not Defatted in Oman (CIF) - 2022
The average cocoa; paste, not defatted import price stood at $6,531 per ton in 2022, which is down by -4.5% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa; paste, not defatted import price increased by +28.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 37%. The import price peaked at $6,840 per ton in 2021, and then dropped slightly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($7,564 per ton), while the price for India ($5,923 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cocoa; Paste, Not Defatted in Oman
In 2022, approx. 2.1 tons of cocoa; paste, not defatteds were imported into Oman; picking up by 70% compared with 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 726% against the previous year. As a result, imports attained the peak of 3 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cocoa; paste, not defatted imports soared to $14K in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 802%. As a result, imports attained the peak of $19K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cocoa; Paste, Not Defatted in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.4 | 1.2 | 2.7 | 6.1 | 148.0% |
| United Arab Emirates | 1.3 | 1.5 | 0.3 | 4.1 | 46.6% |
| United Kingdom | 0.4 | 0.9 | 1.5 | 3.5 | 106.1% |
| Belgium | N/A | N/A | 4.0 | N/A | 0% |
| Lebanon | N/A | 15.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 19.0 | 8.5 | 13.8 | 87.3% |
Top Suppliers of Cocoa; Paste, Not Defatted to Oman in 2022:
- India (1038.0 kg)
- United Arab Emirates (604.0 kg)
- United Kingdom (464.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in Oman.
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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 Oman.
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This report provides an in-depth analysis of the global cocoa paste market.
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