Price for Cocoa; Paste; Whether or Not Defatted in Norway - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Norway (CIF) - 2023
- Price for Cocoa; Paste; Whether or Not Defatted in Norway (FOB) - 2022
- Imports of Cocoa; Paste; Whether or Not Defatted in Norway
- Exports of Cocoa; Paste; Whether or Not Defatted in Norway
Price for Cocoa; Paste; Whether or Not Defatted in Norway (CIF) - 2023
The average import price for cocoa; paste; whether or not defatteds stood at $5,478 per ton in December 2023, rising by 3.7% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.9%. The pace of growth appeared the most rapid in July 2023 an increase of 14% against the previous month. Over the period under review, average import prices attained the peak figure in December 2023.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($5,499 per ton), while the price for the Netherlands totaled $5,385 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.3%).
Price for Cocoa; Paste; Whether or Not Defatted in Norway (FOB) - 2022
The average export price for cocoa; paste; whether or not defatteds stood at $65,500 per ton in 2022, increasing by 1,751% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Germany amounted to +121.4% per year.
Imports of Cocoa; Paste; Whether or Not Defatted in Norway
In 2022, after three years of growth, there was significant decline in purchases abroad of cocoa; paste; whether or not defatteds, when their volume decreased by -11.2% to 3.4K tons. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of 3.8K tons, and then dropped in the following year.
In value terms, imports of cocoa; paste; whether or not defatteds dropped dramatically to $13M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 32%.
| Import of Cocoa; Paste; Whether or Not Defatted in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.3 | 4.7 | 6.6 | 8.9 | 39.2% |
| Netherlands | 1.5 | 1.9 | 2.2 | 3.7 | 35.1% |
| Others | 5.4 | 6.8 | 8.2 | 0.4 | -58.0% |
| Total | 10.1 | 13.4 | 17.0 | 13.0 | 8.8% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Norway in 2022:
- Belgium (2.4K tons)
- Netherlands (0.9K tons)
Exports of Cocoa; Paste; Whether or Not Defatted in Norway
In 2022, exports of cocoa; paste; whether or not defatteds from Norway contracted remarkably to 2 kg, with a decrease of -99.9% on the previous year. In general, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 774% against the previous year. As a result, the exports attained the peak of 3 tons, and then declined dramatically in the following year.
In value terms, exports of cocoa; paste; whether or not defatteds reduced remarkably to $131 in 2022. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,398% against the previous year. As a result, the exports reached the peak of $10K, and then fell rapidly in the following year.
| Export of Cocoa; Paste; Whether or Not Defatted in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Sweden | 0.8 | 0.6 | 2.7 | N/A | 83.7% |
| Finland | N/A | N/A | 7.4 | N/A | 0% |
| Netherlands | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Total | 1.0 | 0.7 | 10.5 | 0.1 | -53.6% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Norway in 2022:
- Germany (2.0 kg)
424
This report provides an in-depth analysis of the cocoa paste market in Norway.
766
This report provides an in-depth analysis of the global cocoa paste market.
424
This report provides an in-depth analysis of the cocoa paste market in Norway.
766
This report provides an in-depth analysis of the global cocoa paste market.
81
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.
1134
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 ...
763
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...
1884
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...
81
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.
1134
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 ...
763
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...
1884
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...
