Price for Cocoa; Paste, Not Defatted in Romania - 2023
Contents:
- Price for Cocoa; Paste, Not Defatted in Romania (CIF) - 2023
- Price for Cocoa; Paste, Not Defatted in Romania (FOB) - 2022
- Imports of Cocoa; Paste, Not Defatted in Romania
- Exports of Cocoa; Paste, Not Defatted in Romania
Price for Cocoa; Paste, Not Defatted in Romania (CIF) - 2023
The average cocoa; paste, not defatted import price stood at $4,034 per ton in May 2023, reducing by -1.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 11% month-to-month. The import price peaked at $4,109 per ton in April 2023, and then contracted in the following month.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the highest price was recorded for prices from Turkey ($4,447 per ton) and Greece ($4,146 per ton), while the price for Slovenia ($3,900 per ton) and France ($3,970 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Greece (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste, Not Defatted in Romania (FOB) - 2022
The average cocoa; paste, not defatted export price stood at $4,553 per ton in 2022, with an increase of 2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36%. The export price peaked at $4,727 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Moldova.
From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +12.4% per year.
Imports of Cocoa; Paste, Not Defatted in Romania
In 2022, approx. 413 tons of cocoa; paste, not defatteds were imported into Romania; which is down by -12.7% against 2021 figures. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, cocoa; paste, not defatted imports dropped sharply to $1.6M in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of $2M, and then fell markedly in the following year.
Import of Cocoa; Paste, Not Defatted in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1,212 | 1,330 | 1,509 | 1,265 | 1.4% |
France | 2.7 | 0.1 | 86.6 | 225 | 336.8% |
Bulgaria | 98.9 | 47.5 | 71.4 | 36.7 | -28.1% |
Poland | 181 | 118 | 181 | 14.0 | -57.4% |
Greece | 260 | 37.1 | 48.7 | 5.7 | -72.0% |
Others | 160 | 93.4 | 142 | 85.4 | -18.9% |
Total | 1,914 | 1,626 | 2,039 | 1,632 | -5.2% |
Top Suppliers of Cocoa; Paste, Not Defatted to Romania in 2022:
- Netherlands (324.4 tons)
- France (56.8 tons)
- Bulgaria (9.3 tons)
- Poland (2.5 tons)
- Greece (1.2 tons)
Exports of Cocoa; Paste, Not Defatted in Romania
In 2022, overseas shipments of cocoa; paste, not defatteds increased by 152% to 39 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a perceptible shrinkage.
In value terms, cocoa; paste, not defatted exports skyrocketed to $176K in 2022. Overall, exports continue to indicate a pronounced increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cocoa; Paste, Not Defatted in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Moldova | 46.3 | 48.5 | 65.3 | 173 | 55.2% |
Bulgaria | 93.1 | N/A | N/A | N/A | 0% |
Latvia | 7.0 | N/A | N/A | N/A | 0% |
United Kingdom | N/A | 15.1 | N/A | N/A | 0% |
Poland | 14.1 | 0.5 | N/A | N/A | -96.5% |
Others | 0.9 | 1.7 | 3.4 | 2.7 | 44.2% |
Total | 161 | 65.7 | 68.7 | 176 | 3.0% |
Top Export Markets for Cocoa; Paste, Not Defatted from Romania in 2022:
- Moldova (38.0 tons)
This report provides an in-depth analysis of the cocoa paste market in Romania.
This report provides an in-depth analysis of the global cocoa paste market.
This report provides an in-depth analysis of the cocoa paste market in Romania.
This report provides an in-depth analysis of the global cocoa paste market.
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