Price for Cocoa; Paste; Whether or Not Defatted in Serbia - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Serbia (CIF) - 2023
- Price for Cocoa; Paste; Whether or Not Defatted in Serbia (FOB) - 2022
- Imports of Cocoa; Paste; Whether or Not Defatted in Serbia
- Exports of Cocoa; Paste; Whether or Not Defatted in Serbia
Price for Cocoa; Paste; Whether or Not Defatted in Serbia (CIF) - 2023
The average import price for cocoa; paste; whether or not defatteds stood at $3,705 per ton in November 2023, which is down by -7.1% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 32% m-o-m. Over the period under review, average import prices attained the peak figure at $3,989 per ton in October 2023, and then reduced in the following month.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Cote d'Ivoire ($3,968 per ton), while the price for the Netherlands stood at $3,582 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ghana (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in Serbia (FOB) - 2022
In 2022, the average export price for cocoa; paste; whether or not defatteds amounted to $4,310 per ton, approximately reflecting the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 72%. The export price peaked at $4,396 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($4,619 per ton), while the average price for exports to Montenegro stood at $4,292 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa; Paste; Whether or Not Defatted in Serbia
In 2022, approx. 7.5K tons of cocoa; paste; whether or not defatteds were imported into Serbia; surging by 34% on the previous year. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cocoa; paste; whether or not defatteds surged to $24M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Cocoa; Paste; Whether or Not Defatted in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 6.1 | 0% |
| Cote d'Ivoire | 5.1 | 3.9 | 8.2 | 5.5 | 2.5% |
| Netherlands | 1.5 | 1.5 | 3.2 | 4.9 | 48.4% |
| Poland | 0.3 | 1.5 | 1.4 | 3.8 | 133.1% |
| France | N/A | N/A | 0.8 | 1.9 | 137.5% |
| Ghana | 1.1 | 1.4 | 0.9 | 0.9 | -6.5% |
| Lithuania | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 0.9 | N/A | 0.1 | 0.2 | -39.4% |
| Croatia | 0.2 | 0.6 | 1.1 | N/A | 134.5% |
| Others | 0.2 | 0.1 | 0.2 | 0.7 | 51.8% |
| Total | 9.2 | 9.0 | 15.9 | 24.4 | 38.4% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Serbia in 2022:
- Netherlands (1979.6 tons)
- China (1657.2 tons)
- Cote d'Ivoire (1519.2 tons)
- Poland (1118.5 tons)
- France (476.0 tons)
- Ghana (271.7 tons)
- Lithuania (209.9 tons)
- Germany (65.5 tons)
Exports of Cocoa; Paste; Whether or Not Defatted in Serbia
In 2022, exports of cocoa; paste; whether or not defatteds from Serbia declined rapidly to 13 tons, reducing by -50.4% compared with 2021. Overall, exports showed a dramatic setback. The smallest decline of -25.5% was in 2020.
In value terms, exports of cocoa; paste; whether or not defatteds shrank sharply to $55K in 2022. In general, exports saw a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of $120K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cocoa; Paste; Whether or Not Defatted in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 37.7 | 58.9 | 104 | 51.5 | 11.0% |
| Bosnia and Herzegovina | 14.5 | N/A | N/A | 3.2 | -39.6% |
| Germany | N/A | 22.8 | N/A | N/A | 0% |
| Albania | N/A | 26.8 | 1.0 | N/A | -96.3% |
| North Macedonia | N/A | 11.6 | 6.4 | N/A | -44.8% |
| Netherlands | 41.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 93.9 | 120 | 111 | 54.7 | -16.5% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Serbia in 2022:
- Montenegro (12.0 tons)
- Bosnia and Herzegovina (0.7 tons)
94
This report provides an in-depth analysis of the cocoa paste market in Serbia.
765
This report provides an in-depth analysis of the global cocoa paste market.
94
This report provides an in-depth analysis of the cocoa paste market in Serbia.
765
This report provides an in-depth analysis of the global cocoa paste market.
79
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 ...
760
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...
1882
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...
1044
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...
79
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 ...
760
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...
1882
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...
1044
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...
