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

Contents:

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

Price for Cocoa; Paste; Whether or Not Defatted in Bolivia (CIF) - 2022

The average import price for cocoa; paste; whether or not defatteds stood at $3,706 per ton in 2022, reducing by -8.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 28%. As a result, import price attained the peak level of $4,740 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($3,707 per ton), while the price for Peru stood at $3,706 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-0.3%).

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

The average export price for cocoa; paste; whether or not defatteds stood at $6,943 per ton in 2022, picking up by 3.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2015 an increase of 8.4% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +14.1% per year.

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

In 2022, the amount of cocoa; paste; whether or not defatteds imported into Bolivia soared to 118 tons, rising by 71% compared with the year before. Overall, imports saw a significant expansion. As a result, imports reached 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 $439K in 2022. In general, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cocoa; Paste; Whether or Not Defatted in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru79.512713729955.5%
Ecuador18753.3139138-9.6%
OthersN/A6.76.12.3-41.4%
Total26618728243918.2%

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

  1. Peru (80.6 tons)
  2. Ecuador (37.2 tons)

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

In 2022, approx. 8.6 tons of cocoa; paste; whether or not defatteds were exported from Bolivia; growing by 22% on the year before. Overall, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of cocoa; paste; whether or not defatteds surged to $59K in 2022. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cocoa; Paste; Whether or Not Defatted in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A23.447.359.459.3%
France40.4N/AN/AN/A0%
Japan4.3N/AN/AN/A0%
OthersN/A1.20.1N/A-91.7%
Total44.724.747.359.49.9%

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

  1. Germany (8.6 tons)

Source: IndexBox Market Intelligence Platform

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