Price for Cocoa; Paste, Wholly or Partly Defatted in Hong Kong SAR - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Hong Kong SAR (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Hong Kong SAR
Price for Cocoa; Paste, Wholly or Partly Defatted in Hong Kong SAR (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $5,892 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69%. The import price peaked at $12,076 per ton in 2012; however, from 2013 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 Indonesia ($5,947 per ton), while the price for the UK totaled $5,450 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.9%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Hong Kong SAR
In 2022, purchases abroad of cocoa; paste, wholly or partly defatted decreased by -4.7% to 48 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 12%.
In value terms, imports of cocoa; paste, wholly or partly defatted shrank to $286K in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 10%. As a result, imports reached the peak of $300K, and then contracted in the following year.
Import of Cocoa; Paste, Wholly or Partly Defatted in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 212 | 244 | 229 | 223 | 1.7% |
Indonesia | 19.0 | 7.2 | 35.6 | 39.4 | 27.5% |
Others | 16.2 | 21.1 | 35.2 | 22.9 | 12.2% |
Total | 247 | 272 | 300 | 286 | 5.0% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Hong Kong SAR in 2022:
- United Kingdom (41.0 tons)
- Indonesia (6.6 tons)
This report provides an in-depth analysis of the cocoa paste market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global cocoa paste market.
This report provides an in-depth analysis of the cocoa paste market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global cocoa paste market.
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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.
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 ...
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...
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...
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