Price for Cocoa; Paste; Whether or Not Defatted in Austria - 2023

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in Austria (CIF) - 2023
  2. Price for Cocoa; Paste; Whether or Not Defatted in Austria (FOB) - 2022
  3. Imports of Cocoa; Paste; Whether or Not Defatted in Austria
  4. Exports of Cocoa; Paste; Whether or Not Defatted in Austria

Price for Cocoa; Paste; Whether or Not Defatted in Austria (CIF) - 2023

The average import price for cocoa; paste; whether or not defatteds stood at $33,916 per ton in October 2023, rising by 482% against the previous month. Over the period under review, the import price posted significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Indonesia ($35,796 per ton), while the price for Guatemala totaled $30,614 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cocoa; Paste; Whether or Not Defatted in Austria (FOB) - 2022

The average export price for cocoa; paste; whether or not defatteds stood at $2,071 per ton in 2022, picking up by 15% against the previous year. Over the period under review, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. As a result, the export price reached the peak level of $4,940 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,218 per ton), while the average price for exports to the Netherlands ($1,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+38.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cocoa; Paste; Whether or Not Defatted in Austria

In 2022, the amount of cocoa; paste; whether or not defatteds imported into Austria skyrocketed to 1.1K tons, picking up by 34% on the year before. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cocoa; paste; whether or not defatteds surged to $4.2M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Cocoa; Paste; Whether or Not Defatted in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2,1131,1191,2651,958-2.5%
Germany98.855.61,1391,301136.1%
Italy5055796345221.1%
Slovakia4091.10.2187-23.0%
France0.41,00322597.4524.5%
Others16641.519688.8-18.8%
Total3,2932,8003,4594,1558.1%

Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Austria in 2022:

  1. Netherlands (538.4 tons)
  2. Germany (318.3 tons)
  3. Italy (123.9 tons)
  4. Slovakia (47.7 tons)
  5. France (24.2 tons)

Exports of Cocoa; Paste; Whether or Not Defatted in Austria

In 2022, after three years of growth, there was significant decline in shipments abroad of cocoa; paste; whether or not defatteds, when their volume decreased by -51.8% to 550 tons. Overall, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 15%.

In value terms, exports of cocoa; paste; whether or not defatteds declined remarkably to $1.1M in 2022. Over the period under review, exports recorded a significant curtailment. The growth pace was the most rapid in 2020 when exports increased by 7% against the previous year. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cocoa; Paste; Whether or Not Defatted in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands21841630149431.3%
Germany2,5192,3871,631461-43.2%
UruguayN/A12690.01291.2%
Others28.330.235.453.823.9%
Total2,7652,9602,0581,138-25.6%

Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Austria in 2022:

  1. Netherlands (274.7 tons)
  2. Germany (208.1 tons)
  3. Uruguay (58.9 tons)

Source: IndexBox Market Intelligence Platform

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