Price for Cocoa; Paste, Not Defatted in Pakistan - 2023
Contents:
- Price for Cocoa; Paste, Not Defatted in Pakistan (CIF) - 2022
- Imports of Cocoa; Paste, Not Defatted in Pakistan
Price for Cocoa; Paste, Not Defatted in Pakistan (CIF) - 2022
In 2022, the average cocoa; paste, not defatted import price amounted to $3,238 per ton, waning by -16.6% against the previous year. Overall, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $4,715 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($3,759 per ton) and Indonesia ($3,620 per ton), while the price for the Netherlands ($2,813 per ton) and Ghana ($3,193 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.4%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa; Paste, Not Defatted in Pakistan
In 2022, approx. 850 tons of cocoa; paste, not defatteds were imported into Pakistan; with an increase of 36% on the year before. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, cocoa; paste, not defatted imports expanded sharply to $2.8M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Cocoa; Paste, Not Defatted in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 792 | 1,521 | 1,691 | 2,133 | 39.1% |
| Indonesia | 56.9 | 90.1 | 284 | 358 | 84.6% |
| Netherlands | 218 | 179 | 97.6 | 139 | -13.9% |
| Malaysia | 17.5 | 32.8 | 20.3 | 119 | 89.5% |
| Others | 2.0 | 1.5 | 333 | 2.4 | 6.3% |
| Total | 1,086 | 1,824 | 2,426 | 2,751 | 36.3% |
Top Suppliers of Cocoa; Paste, Not Defatted to Pakistan in 2022:
- Ghana (668.1 tons)
- Indonesia (99.0 tons)
- Netherlands (49.2 tons)
- Malaysia (31.7 tons)
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This report provides an in-depth analysis of the cocoa paste market in Pakistan.
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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 Pakistan.
765
This report provides an in-depth analysis of the global cocoa paste market.
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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 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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