Price for Cocoa; Paste; Whether or Not Defatted in the Dominican Republic - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in the Dominican Republic (FOB) - 2022
- Price for Cocoa; Paste; Whether or Not Defatted in the Dominican Republic (CIF) - 2022
- Exports of Cocoa; Paste; Whether or Not Defatted in the Dominican Republic
- Imports of Cocoa; Paste; Whether or Not Defatted in the Dominican Republic
Price for Cocoa; Paste; Whether or Not Defatted in the Dominican Republic (FOB) - 2022
The average export price for cocoa; paste; whether or not defatteds stood at $3,879 per ton in 2022, declining by -12.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 25%. The export price peaked at $4,625 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($5,230 per ton) and France ($4,627 per ton), while the average price for exports to Canada ($3,497 per ton) and Germany ($4,200 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+47.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in the Dominican Republic (CIF) - 2022
The average import price for cocoa; paste; whether or not defatteds stood at $2,994 per ton in 2022, rising by 11% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum at $4,427 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($2,998 per ton), while the price for Ecuador stood at $2,964 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-2.6%).
Exports of Cocoa; Paste; Whether or Not Defatted in the Dominican Republic
In 2022, exports of cocoa; paste; whether or not defatteds from the Dominican Republic surged to 566 tons, rising by 100% against the previous year's figure. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 147% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cocoa; paste; whether or not defatteds soared to $2.2M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 147%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Cocoa; Paste; Whether or Not Defatted in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 1,399 | 0% |
| Italy | N/A | 56.9 | 105 | 350 | 148.0% |
| France | 9.4 | N/A | 318 | 278 | 209.2% |
| Germany | 160 | 276 | 678 | 84.0 | -19.3% |
| Trinidad and Tobago | N/A | 54.0 | 4.5 | 55.2 | 1.1% |
| United States | 24.6 | 43.1 | 39.4 | 30.4 | 7.3% |
| China | 144 | N/A | 1.1 | N/A | -91.3% |
| Singapore | 24.8 | 75.8 | 102 | N/A | 102.8% |
| Others | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Total | 363 | 506 | 1,249 | 2,197 | 82.2% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from the Dominican Republic in 2022:
- Canada (400.1 tons)
- Italy (67.0 tons)
- France (60.0 tons)
- Germany (20.0 tons)
- Trinidad and Tobago (12.0 tons)
- United States (7.2 tons)
Imports of Cocoa; Paste; Whether or Not Defatted in the Dominican Republic
In 2022, purchases abroad of cocoa; paste; whether or not defatteds decreased by -33.7% to 190 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,295%.
In value terms, imports of cocoa; paste; whether or not defatteds contracted notably to $569K in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,112% against the previous year.
| Import of Cocoa; Paste; Whether or Not Defatted in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | 97.4 | 161 | 510 | 128.8% |
| Ecuador | N/A | 404 | 612 | 59.3 | -61.7% |
| Others | 41.4 | N/A | N/A | N/A | 0% |
| Total | 41.4 | 501 | 772 | 569 | 139.5% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to the Dominican Republic in 2022:
- Peru (170.0 tons)
- Ecuador (20.0 tons)
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This report provides an in-depth analysis of the cocoa paste market in the Dominican Republic.
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This report provides an in-depth analysis of the cocoa paste market in the Dominican Republic.
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This report provides an in-depth analysis of the global cocoa paste market.
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