Price for Cocoa; Paste, Wholly or Partly Defatted in Angola - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Angola (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Angola
Price for Cocoa; Paste, Wholly or Partly Defatted in Angola (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $9,092 per ton in 2022, surging by 3.9% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa; paste, wholly or partly defatted decreased by -5.4% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of 31%. Over the period under review, average import prices reached the peak figure at $9,614 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Portugal.
From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +2.7% per year.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Angola
In 2022, the amount of cocoa; paste, wholly or partly defatted imported into Angola declined markedly to 2.3 tons, which is down by -17.1% compared with the previous year's figure. In general, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports reached the peak of 2.8 tons, and then fell significantly in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted reduced to $21K in 2022. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of $24K, and then contracted in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1.3 | 0.9 | 0.5 | 10.4 | 100.0% |
| Others | 20.9 | 16.5 | 23.6 | 10.4 | -20.8% |
| Total | 22.2 | 17.4 | 24.1 | 20.7 | -2.3% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Angola in 2022:
- Portugal (1.1 tons)
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