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

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in Qatar (CIF) - 2022
  2. Imports of Cocoa; Paste; Whether or Not Defatted in Qatar

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

The average import price for cocoa; paste; whether or not defatteds stood at $15,677 per ton in 2022, approximately equating the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $15,974 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($21,935 per ton), while the price for Bulgaria ($10,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of cocoa; paste; whether or not defatteds into Qatar shrank rapidly to 412 kg, reducing by -63.5% compared with 2021. Over the period under review, imports continue to indicate a sharp setback. The smallest decline of -10.3% was in 2021.

In value terms, imports of cocoa; paste; whether or not defatteds plummeted to $6.5K in 2022. In general, imports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 8.7% against the previous year. As a result, imports attained the peak of $18K, and then contracted rapidly in the following year.

Import of Cocoa; Paste; Whether or Not Defatted in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab EmiratesN/AN/A2.50%
SpainN/AN/A1.70%
Netherlands0.5N/A0.2-36.8%
BulgariaN/AN/AN/A0%
Belgium0.74.3N/A514.3%
Peru3.10.2N/A-93.5%
ChinaN/A3.4N/A0%
Syrian Arab Republic1.0N/AN/A0%
United Kingdom4.8N/AN/A0%
France1.76.0N/A252.9%
Turkey3.50.1N/A-97.1%
Others1.13.52.034.8%
Total16.217.66.5-36.7%

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

  1. United Arab Emirates (135.0 kg)
  2. Spain (77.0 kg)
  3. Netherlands (22.0 kg)
  4. Bulgaria (4.0 kg)

Source: IndexBox Market Intelligence Platform

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