Price for Cocoa; Paste, Not Defatted in the United Arab Emirates - 2021
Contents:
- Price for Cocoa; Paste, Not Defatted in the United Arab Emirates (CIF) - 2022
- Price for Cocoa; Paste, Not Defatted in the United Arab Emirates (FOB) - 2022
- Imports of Cocoa; Paste, Not Defatted in the United Arab Emirates
- Exports of Cocoa; Paste, Not Defatted in the United Arab Emirates
Price for Cocoa; Paste, Not Defatted in the United Arab Emirates (CIF) - 2022
In 2022, the average cocoa; paste, not defatted import price amounted to $3,721 per ton, dropping by -7.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 16% against the previous year. The import price peaked at $4,237 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($4,045 per ton), while the price for the Netherlands stood at $3,669 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste, Not Defatted in the United Arab Emirates (FOB) - 2022
The average cocoa; paste, not defatted export price stood at $5,114 per ton in 2022, picking up by 3.3% against the previous year. Over the period under review, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 56%. As a result, the export price reached the peak level of $6,611 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +112.5% per year.
Imports of Cocoa; Paste, Not Defatted in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in purchases abroad of cocoa; paste, not defatteds, when their volume increased by 21% to 3.8K tons. In general, imports, however, continue to indicate a deep reduction.
In value terms, cocoa; paste, not defatted imports expanded sharply to $14M in 2022. Overall, imports, however, saw a deep reduction.
| Import of Cocoa; Paste, Not Defatted in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.8 | 10.3 | 2.5 | 12.3 | 21.8% |
| Spain | 0.4 | 0.6 | 1.1 | 1.9 | 68.1% |
| Cote d'Ivoire | 6.0 | 4.7 | N/A | N/A | -21.7% |
| Malaysia | 0.5 | 0.2 | 2.6 | N/A | 128.0% |
| Ghana | 3.0 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 6.7 | 0.1 | -30.7% |
| Total | 17.0 | 15.8 | 12.8 | 14.3 | -5.6% |
Top Suppliers of Cocoa; Paste, Not Defatted to the United Arab Emirates in 2022:
- Netherlands (3.4K tons)
- Spain (0.5K tons)
Exports of Cocoa; Paste, Not Defatted in the United Arab Emirates
In 2022, shipments abroad of cocoa; paste, not defatteds decreased by -36.5% to 4.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 269%.
In value terms, cocoa; paste, not defatted exports fell markedly to $23K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 219%. As a result, the exports attained the peak of $35K, and then contracted dramatically in the following year.
| Export of Cocoa; Paste, Not Defatted in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | 34.3 | 22.7 | -33.8% |
| Nigeria | N/A | 2.9 | N/A | N/A | 0% |
| Oman | 3.3 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 7.9 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Total | 3.4 | 10.9 | 34.7 | 22.8 | 88.6% |
Top Export Markets for Cocoa; Paste, Not Defatted from the United Arab Emirates in 2022:
- Netherlands (undefined tons)
- Finland (4.4 tons)
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This report provides an in-depth analysis of the cocoa paste market in the United Arab Emirates.
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This report provides an in-depth analysis of the global cocoa paste market.
488
This report provides an in-depth analysis of the cocoa paste market in the United Arab Emirates.
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This report provides an in-depth analysis of the global cocoa paste market.
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