Price for Cocoa; Paste; Whether or Not Defatted in Ghana - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Ghana (FOB) - 2022
- Price for Cocoa; Paste; Whether or Not Defatted in Ghana (CIF) - 2022
- Exports of Cocoa; Paste; Whether or Not Defatted in Ghana
- Imports of Cocoa; Paste; Whether or Not Defatted in Ghana
Price for Cocoa; Paste; Whether or Not Defatted in Ghana (FOB) - 2022
In 2022, the average export price for cocoa; paste; whether or not defatteds amounted to $3,204 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 62%. The export price peaked at $3,475 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,735 per ton), while the average price for exports to Bulgaria ($2,322 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 China (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in Ghana (CIF) - 2022
In 2022, the average import price for cocoa; paste; whether or not defatteds amounted to $2,975 per ton, picking up by 24% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. Over the period under review, average import prices attained the peak figure at $9,000 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Japan ($3,000 per ton), while the price for the United States amounted to $2,762 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+32.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cocoa; Paste; Whether or Not Defatted in Ghana
In 2022, exports of cocoa; paste; whether or not defatteds from Ghana rose sharply to 161K tons, surging by 5.6% compared with 2021 figures. Overall, exports continue to indicate a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cocoa; paste; whether or not defatteds stood at $515M in 2022. Over the period under review, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cocoa; Paste; Whether or Not Defatted in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 50.9 | N/A | 79.6 | 102 | 26.1% |
| United States | 35.4 | N/A | 49.1 | 86.6 | 34.7% |
| Estonia | 33.5 | N/A | 51.1 | 62.4 | 23.0% |
| Poland | 37.9 | N/A | 40.4 | 50.5 | 10.0% |
| Spain | 36.4 | N/A | 55.2 | 29.9 | -6.3% |
| Germany | 38.0 | N/A | 26.1 | 28.9 | -8.7% |
| Japan | 11.5 | N/A | 13.1 | 16.2 | 12.1% |
| France | 52.7 | N/A | 24.1 | 14.3 | -35.3% |
| China | 7.9 | N/A | 13.6 | 11.6 | 13.7% |
| India | 5.5 | N/A | 10.2 | 10.8 | 25.2% |
| Malaysia | 15.0 | N/A | 21.2 | 10.6 | -10.9% |
| United Arab Emirates | 3.7 | N/A | 10.2 | 10.0 | 39.3% |
| Singapore | 10.3 | N/A | 14.5 | 6.7 | -13.4% |
| Others | 70.9 | N/A | 84.8 | 74.3 | 1.6% |
| Total | 410 | N/A | 493 | 515 | 7.9% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Ghana in 2022:
- Netherlands (30.9K tons)
- United States (27.5K tons)
- Estonia (18.7K tons)
- Poland (15.6K tons)
- Spain (11.3K tons)
- Germany (7.9K tons)
- Japan (5.2K tons)
- China (4.2K tons)
- France (3.8K tons)
- India (3.6K tons)
- Malaysia (3.4K tons)
- United Arab Emirates (3.1K tons)
- Singapore (2.1K tons)
Imports of Cocoa; Paste; Whether or Not Defatted in Ghana
In 2022, purchases abroad of cocoa; paste; whether or not defatteds decreased by -82.3% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, enjoyed significant growth.
In value terms, imports of cocoa; paste; whether or not defatteds fell notably to $61K in 2022. Overall, imports, however, enjoyed a significant increase.
| Import of Cocoa; Paste; Whether or Not Defatted in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | 101 | 59.9 | -40.7% |
| Spain | N/A | N/A | 110 | N/A | 0% |
| Cote d'Ivoire | 0.2 | N/A | 42.8 | N/A | 1362.9% |
| Singapore | N/A | N/A | 20.6 | N/A | 0% |
| Others | 0.2 | N/A | 2.6 | 0.8 | 58.7% |
| Total | 0.4 | N/A | 277 | 60.7 | 433.4% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Ghana in 2022:
- Japan (20.0 tons)
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This report provides an in-depth analysis of the cocoa paste market in Ghana.
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This report provides an in-depth analysis of the cocoa paste market in Ghana.
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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.
1132
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
762
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...
1883
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1045
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
